Townsquare Capital LLC Has $547,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Townsquare Capital LLC lessened its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 76.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,444 shares of the scientific and technical instruments company's stock after selling 11,043 shares during the period. Townsquare Capital LLC's holdings in Keysight Technologies were worth $547,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Ferguson Wellman Capital Management Inc. grew its stake in Keysight Technologies by 0.6% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company's stock valued at $1,737,000 after acquiring an additional 73 shares in the last quarter. Wedmont Private Capital grew its position in Keysight Technologies by 2.8% during the second quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company's stock valued at $391,000 after purchasing an additional 74 shares in the last quarter. Cromwell Holdings LLC increased its stake in Keysight Technologies by 15.9% in the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company's stock valued at $87,000 after buying an additional 75 shares during the period. Allworth Financial LP lifted its position in Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company's stock worth $317,000 after buying an additional 75 shares in the last quarter. Finally, Diversified LLC lifted its position in Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company's stock worth $309,000 after buying an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of research reports. Morgan Stanley upped their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 21st. Wells Fargo & Company reaffirmed an "overweight" rating and set a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Barclays boosted their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, November 20th. Finally, Robert W. Baird raised their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $177.30.

Keysight Technologies Stock Performance

Keysight Technologies stock traded down $2.61 on Thursday, hitting $169.65. The company's stock had a trading volume of 821,481 shares, compared to its average volume of 1,210,635. The company has a fifty day moving average price of $159.79 and a 200-day moving average price of $147.54. The firm has a market cap of $29.44 billion, a P/E ratio of 48.47, a price-to-earnings-growth ratio of 2.19 and a beta of 1.00. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now owns 4,820 shares of the company's stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John Page sold 3,884 shares of Keysight Technologies stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $658,959.44. Following the transaction, the senior vice president now directly owns 37,081 shares of the company's stock, valued at $6,291,162.46. This represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,651 shares of company stock valued at $3,844,690 over the last quarter. 0.60% of the stock is owned by company insiders.

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.