Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,180 shares of the scientific and technical instruments company’s stock after selling 7,502 shares during the quarter. New York State Common Retirement Fund owned approximately 0.08% of Keysight Technologies worth $21,714,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of KEYS. Creative Planning boosted its holdings in Keysight Technologies by 11.4% during the third quarter. Creative Planning now owns 20,874 shares of the scientific and technical instruments company’s stock worth $3,318,000 after buying an additional 2,138 shares in the last quarter. Swedbank AB boosted its stake in shares of 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 worth $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Signaturefd LLC grew its position in shares of Keysight Technologies by 7.2% during the 3rd quarter. Signaturefd LLC now owns 2,344 shares of the scientific and technical instruments company’s stock valued at $373,000 after acquiring an additional 158 shares during the period. Eastern Bank purchased a new position in shares of Keysight Technologies in the 3rd quarter valued at about $95,000. Finally, Greenleaf Trust raised its holdings in Keysight Technologies by 21.2% in the 3rd quarter. Greenleaf Trust now owns 5,093 shares of the scientific and technical instruments company’s stock worth $809,000 after purchasing an additional 892 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $175.33 on Friday. The company has a fifty day simple moving average of $169.77 and a 200-day simple moving average of $159.71. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $30.32 billion, a price-to-earnings ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

Analyst Ratings Changes

KEYS has been the topic of several research analyst reports. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird upped their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.22.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the transaction, the senior vice president now owns 35,912 shares in the company, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,063 shares of company stock valued at $5,573,941. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Company 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.