Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 52.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,100 shares of the scientific and technical instruments company’s stock after selling 7,700 shares during the period. Bridgeway Capital Management LLC’s holdings in Keysight Technologies were worth $1,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in KEYS. Venturi Wealth Management LLC boosted its position in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the period. Quarry LP grew its position in shares of Keysight Technologies by 188.1% during the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock worth $70,000 after acquiring an additional 284 shares during the last quarter. Huntington National Bank increased its holdings in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock valued at $127,000 after acquiring an additional 216 shares during the period. Principal Securities Inc. raised its position in Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after purchasing an additional 259 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Keysight Technologies by 45.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company’s stock worth $155,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $154.00 on Friday. The firm’s fifty day simple moving average is $145.42 and its 200-day simple moving average is $159.12. 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 $26.61 billion, a PE ratio of 44.00, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of research reports. Wells Fargo & Company upped their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. decreased their price objective on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Robert W. Baird boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Finally, StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $181.33.

Insiders Place Their Bets

In other news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction that occurred 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 $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is currently owned by company insiders.

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.