Empirical Finance LLC Has $945,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Empirical Finance LLC lowered its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,882 shares of the scientific and technical instruments company’s stock after selling 68 shares during the period. Empirical Finance LLC’s holdings in Keysight Technologies were worth $945,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new position in shares of Keysight Technologies during the fourth quarter valued at about $2,937,000. Lecap Asset Management Ltd. acquired a new position in Keysight Technologies during the 4th quarter valued at about $1,472,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Keysight Technologies by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after purchasing an additional 3,857 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Keysight Technologies by 3.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,181 shares of the scientific and technical instruments company’s stock worth $993,000 after purchasing an additional 202 shares during the last quarter. Finally, E. Ohman J or Asset Management AB lifted its holdings in shares of Keysight Technologies by 17.1% in the fourth quarter. E. Ohman J or Asset Management AB now owns 8,200 shares of the scientific and technical instruments company’s stock valued at $1,317,000 after purchasing an additional 1,200 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the sale, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock valued at $5,573,941 over the last ninety days. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Trading Up 1.7 %

Shares of KEYS stock opened at $177.32 on Tuesday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $180.26. 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 company has a 50 day moving average of $167.73 and a 200-day moving average of $157.05. The firm has a market cap of $30.66 billion, a P/E ratio of 50.66, a PEG ratio of 2.25 and a beta of 1.02.

Analyst Ratings Changes

A number of research firms recently commented on KEYS. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Bank of America increased their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Morgan Stanley boosted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Robert W. Baird boosted their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

About Keysight Technologies

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.