KeyCorp (NYSE:KEY) Director Carlton L. Highsmith sold 7,600 shares of the business’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $18.39, for a total value of $139,764.00. Following the transaction, the director now directly owns 68,725 shares of the company’s stock, valued at $1,263,852.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

KeyCorp (NYSE KEY) traded up $0.07 on Monday, hitting $18.58. The company had a trading volume of 11,972,458 shares, compared to its average volume of 12,271,559. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $19,905.65, a price-to-earnings ratio of 14.02, a P/E/G ratio of 1.68 and a beta of 1.10. KeyCorp has a fifty-two week low of $13.85 and a fifty-two week high of $19.53.

KeyCorp (NYSE:KEY) last posted its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. KeyCorp had a return on equity of 10.35% and a net margin of 18.69%. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter last year, the company earned $0.30 earnings per share. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. research analysts forecast that KeyCorp will post 1.38 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cypress Capital Management LLC WY lifted its position in KeyCorp by 177.9% during the second quarter. Cypress Capital Management LLC WY now owns 7,030 shares of the financial services provider’s stock worth $132,000 after buying an additional 4,500 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in KeyCorp during the third quarter worth about $145,000. Sun Life Financial INC lifted its position in KeyCorp by 80,370.0% during the second quarter. Sun Life Financial INC now owns 8,047 shares of the financial services provider’s stock worth $151,000 after buying an additional 8,037 shares during the period. AllSquare Wealth Management LLC purchased a new position in KeyCorp during the third quarter worth about $173,000. Finally, Quantbot Technologies LP purchased a new position in KeyCorp during the second quarter worth about $174,000. Hedge funds and other institutional investors own 81.25% of the company’s stock.

A number of equities analysts recently issued reports on the company. Zacks Investment Research raised KeyCorp from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Tuesday, July 11th. Keefe, Bruyette & Woods raised KeyCorp from a “market perform” rating to an “outperform” rating and set a $21.00 price target for the company in a report on Monday, July 10th. Instinet reaffirmed a “buy” rating and issued a $23.00 price target on shares of KeyCorp in a report on Wednesday, July 12th. UBS AG raised KeyCorp from a “neutral” rating to a “buy” rating and upped their price target for the company from $19.00 to $22.00 in a report on Monday, July 10th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $21.00 price objective on shares of KeyCorp in a research note on Friday, July 14th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $20.53.

About KeyCorp

KeyCorp is a bank holding company. The Company is a bank-based financial services company. The Company operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services. Through KeyBank and other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, and investment banking products and services to individual, corporate and institutional clients.

Insider Buying and Selling by Quarter for KeyCorp (NYSE:KEY)

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