Los Angeles Capital Management LLC Buys 517,267 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Los Angeles Capital Management LLC increased its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 330.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 673,872 shares of the scientific and technical instruments company’s stock after buying an additional 517,267 shares during the period. Los Angeles Capital Management LLC’s holdings in Keysight Technologies were worth $108,244,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Natixis Advisors LLC raised its stake in Keysight Technologies by 8.7% in the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after buying an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after buying an additional 7,106 shares in the last quarter. Speece Thorson Capital Group Inc. increased its stake in shares of Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock valued at $12,814,000 after purchasing an additional 17,962 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of 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 purchasing an additional 3,857 shares in the last quarter. Finally, LMR Partners LLP bought a new position in shares of Keysight Technologies during the third quarter valued at approximately $14,339,000. 84.58% of the stock is owned by institutional investors.

Insider Activity

In related news, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total transaction of $101,923.50. Following the completion of the sale, the senior vice president now directly owns 35,912 shares in the company, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 32,713 shares of company stock valued at $5,513,815 in the last ninety days. Insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on KEYS. Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Morgan Stanley raised their target price 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 Saturday. Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $182.22.

Keysight Technologies Price Performance

KEYS stock opened at $173.19 on Tuesday. 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 stock has a market cap of $29.95 billion, a PE ratio of 49.48, a P/E/G ratio of 2.41 and a beta of 1.02. The company has a 50-day moving average price of $169.82 and a 200 day moving average price of $160.60. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

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.