Talos Asset Management LP Purchases New Position in Keysight Technologies, Inc. (NYSE:KEYS)

Talos Asset Management LP purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 85,400 shares of the scientific and technical instruments company’s stock, valued at approximately $13,718,000. Keysight Technologies accounts for 3.2% of Talos Asset Management LP’s investment portfolio, making the stock its 13th largest holding.

A number of other hedge funds also recently bought and sold shares of KEYS. Boston Partners boosted its position in Keysight Technologies by 21.7% during the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock valued at $637,125,000 after acquiring an additional 704,920 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in Keysight Technologies during the 4th quarter valued at approximately $88,166,000. Los Angeles Capital Management LLC boosted its position in Keysight Technologies by 330.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after acquiring an additional 517,267 shares in the last quarter. ANTIPODES PARTNERS Ltd boosted its position in Keysight Technologies by 282.4% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock valued at $100,586,000 after acquiring an additional 462,403 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Keysight Technologies during the 4th quarter valued at approximately $58,367,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of KEYS opened at $155.42 on Thursday. The firm has a market cap of $26.86 billion, a PE ratio of 44.41, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a fifty day simple moving average of $167.24 and a two-hundred day simple moving average of $161.99. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

Analysts Set New Price Targets

A number of analysts have recently commented on KEYS shares. Bank of America boosted their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 11th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Robert W. Baird boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.