State of Tennessee Department of Treasury Raises Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

State of Tennessee Department of Treasury boosted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 59.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,456 shares of the scientific and technical instruments company's stock after buying an additional 39,769 shares during the period. State of Tennessee Department of Treasury owned 0.06% of Keysight Technologies worth $17,100,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC raised its position in Keysight Technologies by 80.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 14,096 shares of the scientific and technical instruments company's stock valued at $2,264,000 after purchasing an additional 6,301 shares during the last quarter. MetLife Investment Management LLC increased its stake in Keysight Technologies by 1.2% in the fourth quarter. MetLife Investment Management LLC now owns 45,943 shares of the scientific and technical instruments company's stock valued at $7,380,000 after purchasing an additional 565 shares during the period. Norinchukin Bank The raised its holdings in shares of Keysight Technologies by 10.7% in the fourth quarter. Norinchukin Bank The now owns 8,104 shares of the scientific and technical instruments company's stock valued at $1,302,000 after buying an additional 781 shares during the last quarter. Ossiam boosted its stake in shares of Keysight Technologies by 21.2% during the fourth quarter. Ossiam now owns 9,354 shares of the scientific and technical instruments company's stock worth $1,503,000 after buying an additional 1,638 shares during the period. Finally, Capital International Inc. CA grew its holdings in shares of Keysight Technologies by 16.0% during the fourth quarter. Capital International Inc. CA now owns 17,869 shares of the scientific and technical instruments company's stock worth $2,870,000 after buying an additional 2,460 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KEYS shares. JPMorgan Chase & Co. lowered their target price on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and an average price target of $181.33.

Keysight Technologies Price Performance

KEYS stock traded down $1.53 during midday trading on Monday, hitting $142.48. 118,786 shares of the stock were exchanged, compared to its average volume of 1,054,460. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. 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's 50-day moving average price is $149.43 and its 200-day moving average price is $159.82. The stock has a market cap of $24.62 billion, a price-to-earnings ratio of 40.73, a PEG ratio of 2.41 and a beta of 1.12.

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.