United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Buys New Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, Holdings Channel reports. The fund purchased 4,600 shares of the scientific and technical instruments company’s stock, valued at approximately $739,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Boston Partners lifted 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 during the period. Madison Investment Advisors LLC bought a new position in shares of Keysight Technologies during the fourth quarter valued at approximately $88,166,000. Los Angeles Capital Management LLC lifted its holdings in shares of Keysight Technologies by 330.3% during the fourth 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 purchasing an additional 517,267 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its position in shares of Keysight Technologies by 282.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock worth $100,586,000 after purchasing an additional 462,403 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Keysight Technologies in the 4th quarter worth approximately $58,367,000. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

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

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $158.31 on Wednesday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock’s fifty day moving average price is $166.75 and its 200-day moving average price is $162.33. The firm has a market cap of $27.36 billion, a P/E ratio of 45.23, a P/E/G ratio of 2.41 and a beta of 1.10.

Insider Activity

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value 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. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.61% of the company’s stock.

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.