Townsquare Capital LLC Has $640,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Townsquare Capital LLC raised its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 15.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,983 shares of the scientific and technical instruments company’s stock after buying an additional 539 shares during the quarter. Townsquare Capital LLC’s holdings in Keysight Technologies were worth $640,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Venturi Wealth Management LLC raised its stake in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 133 shares during the period. Versant Capital Management Inc increased its holdings in shares of Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Keysight Technologies during the third quarter worth approximately $120,000. Huntington National Bank lifted its holdings in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after purchasing an additional 216 shares in the last quarter. Finally, Principal Securities Inc. grew its position in Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after purchasing an additional 259 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent research reports. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. cut their price target on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research note on Thursday. Wells Fargo & Company increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Finally, Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $181.33.

Keysight Technologies Stock Performance

Shares of KEYS opened at $135.51 on Friday. The stock has a 50 day moving average of $153.76 and a 200 day moving average of $160.41. The company has a market capitalization of $23.42 billion, a price-to-earnings ratio of 38.72, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

About Keysight Technologies

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.