Aware Super Pty Ltd as trustee of Aware Super Buys Shares of 25,249 Keysight Technologies, Inc. (NYSE:KEYS)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 25,249 shares of the scientific and technical instruments company’s stock, valued at approximately $4,056,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC raised its holdings in Keysight Technologies by 8.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock worth $4,448,000 after purchasing an additional 2,260 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Keysight Technologies by 3.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company’s stock worth $8,896,000 after acquiring an additional 1,755 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after acquiring an additional 3,857 shares during the last quarter. Geode Capital Management LLC boosted its stake in Keysight Technologies by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock valued at $708,349,000 after acquiring an additional 17,213 shares in the last quarter. Finally, Portfolio Design Labs LLC grew its holdings in Keysight Technologies by 17.7% in the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company’s stock worth $2,498,000 after purchasing an additional 2,336 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Keysight Technologies Stock Up 2.0 %

Shares of NYSE:KEYS opened at $136.23 on Tuesday. The business has a fifty day moving average of $157.02 and a two-hundred day moving average of $161.02. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market cap of $23.54 billion, a P/E ratio of 38.92, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on KEYS. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird increased their price target 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 equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies 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.