ExodusPoint Capital Management LP Raises Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

ExodusPoint Capital Management LP boosted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 15.0% during the fourth quarter, HoldingsChannel reports. The firm owned 54,342 shares of the scientific and technical instruments company’s stock after buying an additional 7,098 shares during the period. ExodusPoint Capital Management LP’s holdings in Keysight Technologies were worth $8,729,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after purchasing an additional 61 shares in the last quarter. Caprock Group LLC boosted its stake in Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after buying an additional 66 shares in the last quarter. Signaturefd LLC grew its position in Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 66 shares during the last quarter. OLD National Bancorp IN raised its stake in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after acquiring an additional 68 shares in the last quarter. Finally, RMR Wealth Builders lifted its holdings in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after acquiring an additional 70 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Trading Down 6.6 %

NYSE KEYS opened at $126.76 on Friday. The stock has a market cap of $21.91 billion, a P/E ratio of 36.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The stock has a 50 day simple moving average of $163.25 and a two-hundred day simple moving average of $162.07. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent research reports. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Wells Fargo & Company lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Robert W. Baird boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.

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.