Mitsubishi UFJ Trust & Banking Corp Decreases Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Mitsubishi UFJ Trust & Banking Corp lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 38.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,574 shares of the scientific and technical instruments company’s stock after selling 60,996 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Keysight Technologies were worth $15,995,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Boston Partners increased its stake 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 worth $637,125,000 after buying an additional 704,920 shares in the last quarter. Madison Investment Advisors LLC acquired a new stake in shares of Keysight Technologies in the fourth quarter worth approximately $88,166,000. Los Angeles Capital Management LLC increased its position 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 worth $108,244,000 after purchasing an additional 517,267 shares in the last quarter. ANTIPODES PARTNERS Ltd raised its stake in 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 valued at $100,586,000 after purchasing an additional 462,403 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Keysight Technologies in the 4th quarter valued at $58,367,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In other 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 sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Price Performance

KEYS stock opened at $150.40 on Friday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. 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 $25.99 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business has a fifty day moving average of $166.07 and a two-hundred day moving average of $162.27.

Analysts Set New Price Targets

KEYS has been the subject of a number of recent research reports. Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Finally, StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently 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.