Canada Post Corp Registered Pension Plan Acquires New Shares in Keysight Technologies, Inc. (NYSE:KEYS)

Canada Post Corp Registered Pension Plan bought a new position in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,450 shares of the scientific and technical instruments company’s stock, valued at approximately $394,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mariner LLC raised its holdings in shares of Keysight Technologies by 18.9% during the fourth quarter. Mariner LLC now owns 34,662 shares of the scientific and technical instruments company’s stock valued at $5,568,000 after purchasing an additional 5,508 shares during the last quarter. Synovus Financial Corp purchased a new stake in Keysight Technologies during the 4th quarter valued at $200,000. Townsquare Capital LLC raised its stake in Keysight Technologies by 15.7% during the 4th quarter. Townsquare Capital LLC now owns 3,983 shares of the scientific and technical instruments company’s stock valued at $640,000 after buying an additional 539 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in shares of Keysight Technologies by 53.2% during the 4th quarter. Sterling Capital Management LLC now owns 10,677 shares of the scientific and technical instruments company’s stock valued at $1,715,000 after buying an additional 3,707 shares during the period. Finally, Schiavi & Co LLC purchased a new position in shares of Keysight Technologies in the 4th quarter worth $212,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $136.94 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm has a fifty day moving average price of $156.21 and a 200-day moving average price of $160.85. The stock has a market cap of $23.67 billion, a PE ratio of 39.13, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12.

Insiders Place Their Bets

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent research reports. Robert W. Baird increased 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. Wells Fargo & Company raised their price objective on shares of 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 lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

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.