Teacher Retirement System of Texas Decreases Position in Keysight Technologies, Inc. (NYSE:KEYS)

Teacher Retirement System of Texas reduced its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,370 shares of the scientific and technical instruments company's stock after selling 10,547 shares during the quarter. Teacher Retirement System of Texas' holdings in Keysight Technologies were worth $13,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of KEYS. Royal London Asset Management Ltd. lifted its holdings in Keysight Technologies by 2.9% in the 4th quarter. Royal London Asset Management Ltd. now owns 74,253 shares of the scientific and technical instruments company's stock worth $11,927,000 after purchasing an additional 2,085 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Keysight Technologies during the fourth quarter valued at about $390,000. Chesapeake Capital Corp IL bought a new stake in Keysight Technologies in the 4th quarter worth approximately $770,000. Vinva Investment Management Ltd raised its holdings in shares of Keysight Technologies by 202.0% during the 4th quarter. Vinva Investment Management Ltd now owns 22,438 shares of the scientific and technical instruments company's stock worth $3,616,000 after acquiring an additional 15,009 shares in the last quarter. Finally, Brooklyn FI LLC bought a new stake in Keysight Technologies in the fourth quarter worth $3,322,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

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Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction on Monday, December 30th. The stock was 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 in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Trading Down 1.3 %

Keysight Technologies stock traded down $2.00 during trading on Wednesday, reaching $156.47. 565,987 shares of the company were exchanged, compared to its average volume of 1,102,033. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. 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's 50 day simple moving average is $166.75 and its two-hundred day simple moving average is $162.33. The company has a market capitalization of $27.04 billion, a P/E ratio of 44.71, a PEG ratio of 2.41 and a beta of 1.10.

Analyst Ratings Changes

Several equities analysts have recently weighed in on KEYS shares. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $184.44.

About Keysight Technologies

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.