Texas Permanent School Fund Corp Has $4.88 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Texas Permanent School Fund Corp cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,858 shares of the scientific and technical instruments company’s stock after selling 499 shares during the period. Texas Permanent School Fund Corp’s holdings in Keysight Technologies were worth $4,877,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of KEYS. Norges Bank acquired a new position in Keysight Technologies during the fourth quarter valued at approximately $265,043,000. Moneta Group Investment Advisors LLC lifted its position in shares of Keysight Technologies by 110,226.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 1,500,438 shares of the scientific and technical instruments company’s stock valued at $256,680,000 after buying an additional 1,499,078 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Keysight Technologies by 1,588.0% in the third quarter. Van ECK Associates Corp now owns 1,159,449 shares of the scientific and technical instruments company’s stock valued at $153,406,000 after buying an additional 1,090,763 shares during the last quarter. Artisan Partners Limited Partnership acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $103,365,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Keysight Technologies by 13.6% in the second quarter. JPMorgan Chase & Co. now owns 4,845,261 shares of the scientific and technical instruments company’s stock valued at $811,339,000 after buying an additional 581,148 shares during the last quarter. 81.72% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 7,275 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $134.90, for a total value of $981,397.50. Following the completion of the transaction, the chief executive officer now owns 116,277 shares of the company’s stock, valued at approximately $15,685,767.30. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Keysight Technologies news, Director Ronald S. Nersesian sold 29,672 shares of the company’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $159.82, for a total value of $4,742,179.04. Following the sale, the director now owns 296,619 shares in the company, valued at approximately $47,405,648.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 7,275 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $134.90, for a total value of $981,397.50. Following the completion of the sale, the chief executive officer now owns 116,277 shares in the company, valued at approximately $15,685,767.30. The disclosure for this sale can be found here. Insiders sold a total of 76,402 shares of company stock valued at $11,764,950 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on KEYS shares. Robert W. Baird raised their price objective on Keysight Technologies from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 21st. TheStreet raised Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. Citigroup reduced their price target on Keysight Technologies from $174.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, November 13th. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. Finally, Barclays reduced their price target on Keysight Technologies from $144.00 to $134.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $171.18.

Check Out Our Latest Stock Report on KEYS

Keysight Technologies Price Performance

Keysight Technologies stock opened at $159.03 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.87 and a current ratio of 2.35. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $189.32. The stock has a market capitalization of $27.78 billion, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 4.50 and a beta of 1.08. The stock has a fifty day moving average of $154.27 and a 200-day moving average of $141.43.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings results on Monday, November 20th. The scientific and technical instruments company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.12. Keysight Technologies had a return on equity of 28.98% and a net margin of 19.34%. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the firm earned $2.02 EPS. Keysight Technologies’s revenue was down 9.2% on a year-over-year basis. On average, sell-side analysts expect that Keysight Technologies, Inc. will post 6.36 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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