Texas Permanent School Fund cut its stake in Keysight Technologies Inc (NASDAQ:KEYS) by 0.5% during the third quarter, Holdings Channel reports. The firm owned 129,457 shares of the company’s stock after selling 703 shares during the period. Texas Permanent School Fund owned about 0.08% of Keysight Technologies worth $4,102,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Great West Life Assurance Co. Can boosted its position in shares of Keysight Technologies by 549.6% in the third quarter. Great West Life Assurance Co. Can now owns 1,003,529 shares of the company’s stock valued at $31,762,000 after buying an additional 849,042 shares during the period. Denali Advisors LLC boosted its position in shares of Keysight Technologies by 11.4% in the third quarter. Denali Advisors LLC now owns 160,200 shares of the company’s stock valued at $5,077,000 after buying an additional 16,400 shares during the period. Finally, General American Investors Co. Inc. boosted its position in shares of Keysight Technologies by 92.9% in the third quarter. General American Investors Co. Inc. now owns 127,900 shares of the company’s stock valued at $4,053,000 after buying an additional 61,600 shares during the period.

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

Shares of Keysight Technologies Inc (NASDAQ:KEYS) traded up 1.51% during mid-day trading on Friday, reaching $36.90. The company’s stock had a trading volume of 146,572 shares. The stock has a market cap of $6.33 billion and a P/E ratio of 18.92. Keysight Technologies Inc has a one year low of $21.07 and a one year high of $38.28. The stock has a 50 day moving average of $36.56 and a 200-day moving average of $32.24.

Keysight Technologies (NASDAQ:KEYS) last released its quarterly earnings results on Thursday, November 17th. The company reported $0.64 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.64. The firm had revenue of $751 million for the quarter, compared to analysts’ expectations of $736.94 million. The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.71 EPS. On average, equities research analysts expect that Keysight Technologies Inc will post $2.47 EPS for the current fiscal year.

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KEYS has been the topic of several research analyst reports. Deutsche Bank AG raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Monday, September 19th. Zacks Investment Research cut Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Friday, November 25th. Finally, TheStreet raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Monday, October 17th.

In other news, SVP Michael Gasparian sold 2,692 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $35.90, for a total transaction of $96,642.80. Following the sale, the senior vice president now owns 65,703 shares of the company’s stock, valued at approximately $2,358,737.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

About Keysight Technologies

Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement 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.

5 Day Chart for NASDAQ:KEYS

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