KeyCorp (NYSE:KEY) Insider Sells $303,618.12 in Stock

KeyCorp (NYSE:KEY) insider Amy G. Brady sold 15,756 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $19.27, for a total transaction of $303,618.12. Following the completion of the sale, the insider now directly owns 95,432 shares in the company, valued at $1,838,974.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Amy G. Brady also recently made the following trade(s):

  • On Wednesday, September 11th, Amy G. Brady sold 10,806 shares of KeyCorp stock. The shares were sold at an average price of $18.02, for a total transaction of $194,724.12.

KEY stock opened at $18.97 on Friday. The firm has a fifty day moving average price of $18.06 and a two-hundred day moving average price of $17.38. The firm has a market cap of $18.60 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 2.58 and a beta of 1.29. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.91 and a quick ratio of 0.89. KeyCorp has a 1-year low of $13.65 and a 1-year high of $19.48.

KeyCorp (NYSE:KEY) last released its quarterly earnings results on Thursday, October 17th. The financial services provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. KeyCorp had a net margin of 21.93% and a return on equity of 12.71%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 earnings per share. As a group, analysts expect that KeyCorp will post 1.8 EPS for the current fiscal year.

Several analysts recently issued reports on KEY shares. Wedbush upped their price target on shares of KeyCorp from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Monday, November 11th. UBS Group upped their price target on shares of KeyCorp from $21.00 to $22.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Robert W. Baird cut shares of KeyCorp from an “outperform” rating to a “neutral” rating and set a $19.00 price target on the stock. in a report on Wednesday, November 6th. Morgan Stanley lowered their target price on shares of KeyCorp from $21.00 to $20.50 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Finally, BMO Capital Markets lowered their target price on shares of KeyCorp from $36.00 to $34.00 and set a “market perform” rating for the company in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $24.93.

Several institutional investors have recently added to or reduced their stakes in the company. Rational Advisors LLC grew its position in shares of KeyCorp by 80.7% during the third quarter. Rational Advisors LLC now owns 10,408 shares of the financial services provider’s stock worth $186,000 after acquiring an additional 4,649 shares during the last quarter. Bogart Wealth LLC bought a new position in shares of KeyCorp during the third quarter worth about $2,618,000. BancorpSouth Bank bought a new position in shares of KeyCorp during the third quarter worth about $3,097,000. Corient Capital Partners LLC grew its position in shares of KeyCorp by 26.2% during the third quarter. Corient Capital Partners LLC now owns 15,778 shares of the financial services provider’s stock worth $281,000 after acquiring an additional 3,272 shares during the last quarter. Finally, BBVA USA Bancshares Inc. grew its position in KeyCorp by 4.2% in the 3rd quarter. BBVA USA Bancshares Inc. now owns 52,344 shares of the financial services provider’s stock valued at $934,000 after buying an additional 2,089 shares in the last quarter. Institutional investors and hedge funds own 81.58% of the company’s stock.

About KeyCorp

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States. The company's Key Community Bank segment offers various deposit and investment products, personal finance services, residential mortgages, home equity loans, credit cards, and installment loans.

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

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