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

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,400 shares of the scientific and technical instruments company’s stock after selling 724 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Keysight Technologies were worth $2,450,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Ancora Advisors LLC bought a new stake in shares of Keysight Technologies in the third quarter worth about $25,000. Venturi Wealth Management LLC grew its holdings in Keysight Technologies by 145.9% during the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 159 shares in the last quarter. Itau Unibanco Holding S.A. increased its stake in Keysight Technologies by 31.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after acquiring an additional 82 shares during the last quarter. EdgeRock Capital LLC purchased a new stake in shares of Keysight Technologies during the 4th quarter worth approximately $46,000. Finally, GAMMA Investing LLC bought a new position in shares of Keysight Technologies during the 4th quarter valued at approximately $48,000. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the transaction, the vice president now directly owns 3,913 shares in the company, valued at approximately $533,928.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of Keysight Technologies stock in a transaction on Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the sale, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

Keysight Technologies Trading Down 0.5 %

Shares of NYSE KEYS opened at $135.48 on Friday. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $172.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99. The company has a market cap of $23.65 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 4.70 and a beta of 1.00. The business’s 50 day moving average price is $145.09 and its 200-day moving average price is $150.91.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. On average, sell-side analysts expect that Keysight Technologies, Inc. will post 5.25 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on KEYS shares. Robert W. Baird boosted their price target on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 21st. Susquehanna reduced their target price on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a report on Tuesday, May 21st. Finally, Barclays increased their price target on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $166.33.

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.