Teachers Retirement System of The State of Kentucky Trims Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Teachers Retirement System of The State of Kentucky reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 68.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,132 shares of the scientific and technical instruments company's stock after selling 28,478 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Keysight Technologies were worth $2,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of KEYS. Geode Capital Management LLC raised its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after buying an additional 323,235 shares in the last quarter. Swedbank AB boosted its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Fort Pitt Capital Group LLC grew its position in Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company's stock valued at $109,138,000 after acquiring an additional 254,985 shares during the last quarter. D. E. Shaw & Co. Inc. increased its stake in Keysight Technologies by 506.3% in the second quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company's stock worth $41,148,000 after purchasing an additional 251,274 shares during the period. Finally, Kovitz Investment Group Partners LLC lifted its position in shares of Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock worth $158,692,000 after purchasing an additional 216,564 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Down 2.7 %

KEYS traded down $4.58 on Tuesday, hitting $166.30. The company had a trading volume of 1,335,229 shares, compared to its average volume of 1,205,300. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $175.39. The stock has a market capitalization of $28.86 billion, a price-to-earnings ratio of 47.51, a P/E/G ratio of 2.15 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a fifty day moving average price of $161.62 and a 200-day moving average price of $148.78.

Analyst Upgrades and Downgrades

Several research firms recently commented on KEYS. StockNews.com downgraded shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, November 23rd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Susquehanna reissued a "positive" rating and issued a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. Robert W. Baird lifted their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, November 20th. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $180.80.

Insider Buying and Selling

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of the firm's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the transaction, the senior vice president now owns 35,912 shares of the company's stock, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,063 shares of company stock worth $4,603,201 in the last 90 days. 0.60% of the stock is owned by corporate insiders.

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.