New York State Teachers Retirement System Sells 5,188 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

New York State Teachers Retirement System reduced its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,354 shares of the scientific and technical instruments company's stock after selling 5,188 shares during the quarter. New York State Teachers Retirement System owned 0.08% of Keysight Technologies worth $21,742,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of KEYS. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies in the third quarter worth about $28,000. Erste Asset Management GmbH bought a new stake in shares of Keysight Technologies in the third quarter worth about $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the third quarter worth about $35,000. Groupama Asset Managment increased its holdings in shares of Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock worth $35,000 after acquiring an additional 9,437 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in shares of Keysight Technologies in the third quarter worth about $57,000. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on KEYS. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Bank of America increased their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. StockNews.com downgraded Keysight Technologies from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Susquehanna reiterated a "positive" rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $180.80.

Keysight Technologies Stock Down 0.1 %

KEYS stock traded down $0.15 during mid-day trading on Thursday, reaching $184.96. The company had a trading volume of 700,597 shares, compared to its average volume of 895,403. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock has a 50 day simple moving average of $169.26 and a two-hundred day simple moving average of $159.17. The company has a market capitalization of $31.98 billion, a price-to-earnings ratio of 52.85, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

Insider Buying and Selling at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares of the company's stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock worth $5,573,941 over the last ninety days. 0.61% of the stock is currently owned by corporate 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.