Keysight Technologies Inc (KEYS) Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its position in shares of Keysight Technologies Inc (NYSE:KEYS) by 316.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,804 shares of the scientific and technical instruments company’s stock after buying an additional 48,495 shares during the quarter. Teacher Retirement System of Texas’ holdings in Keysight Technologies were worth $2,654,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. American Century Companies Inc. lifted its holdings in shares of Keysight Technologies by 52.5% during the fourth quarter. American Century Companies Inc. now owns 7,596,674 shares of the scientific and technical instruments company’s stock worth $316,022,000 after buying an additional 2,613,683 shares in the last quarter. CI Investments Inc. acquired a new stake in shares of Keysight Technologies during the fourth quarter worth $33,357,000. Victory Capital Management Inc. lifted its holdings in shares of Keysight Technologies by 8.3% during the fourth quarter. Victory Capital Management Inc. now owns 4,301,488 shares of the scientific and technical instruments company’s stock worth $178,942,000 after buying an additional 328,386 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Keysight Technologies by 13.3% during the third quarter. Bank of New York Mellon Corp now owns 2,628,761 shares of the scientific and technical instruments company’s stock worth $109,514,000 after buying an additional 309,437 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its holdings in shares of Keysight Technologies by 146.4% during the third quarter. Point72 Asset Management L.P. now owns 322,600 shares of the scientific and technical instruments company’s stock worth $13,440,000 after buying an additional 191,700 shares in the last quarter. 88.98% of the stock is owned by institutional investors.

Keysight Technologies Inc (NYSE:KEYS) opened at $45.70 on Wednesday. The company has a market capitalization of $8,591.47, a PE ratio of 76.17 and a beta of 1.21. Keysight Technologies Inc has a 52 week low of $35.05 and a 52 week high of $48.03. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.94.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.12. The business had revenue of $878.00 million during the quarter, compared to the consensus estimate of $891.55 million. Keysight Technologies had a return on equity of 19.79% and a net margin of 3.20%. Keysight Technologies’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. equities analysts expect that Keysight Technologies Inc will post 2.54 EPS for the current year.

KEYS has been the subject of a number of analyst reports. Zacks Investment Research downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $43.00 price target on shares of Keysight Technologies in a research note on Friday, December 8th. Finally, Deutsche Bank boosted their price target on Keysight Technologies to $55.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $48.50.

In other Keysight Technologies news, SVP Stephen D. Williams sold 12,296 shares of the business’s stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $41.79, for a total transaction of $513,849.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John C. Skinner sold 9,843 shares of the business’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $42.04, for a total value of $413,799.72. Following the transaction, the vice president now directly owns 29,198 shares of the company’s stock, valued at approximately $1,227,483.92. The disclosure for this sale can be found here. In the last three months, insiders have sold 259,819 shares of company stock valued at $11,483,635. Insiders own 0.97% of the company’s stock.

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Keysight Technologies Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

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

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