KeyCorp (NYSE:KEY) insider Amy G. Brady sold 13,238 shares of the stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $17.00, for a total transaction of $225,046.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of NYSE:KEY opened at $17.07 on Friday. KeyCorp has a 1 year low of $13.65 and a 1 year high of $21.91. The company has a market cap of $17.16 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of 1.20 and a beta of 1.23. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.89 and a current ratio of 0.90.

KeyCorp (NYSE:KEY) last announced its earnings results on Thursday, April 18th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). KeyCorp had a net margin of 24.18% and a return on equity of 13.16%. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.60 billion. During the same quarter last year, the business earned $0.38 EPS. The company’s quarterly revenue was down 2.1% on a year-over-year basis. Sell-side analysts expect that KeyCorp will post 1.8 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Tuesday, May 28th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, May 24th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.98%. KeyCorp’s dividend payout ratio (DPR) is 39.31%.

Several research firms have commented on KEY. GMP Securities restated an “average” rating and issued a $34.50 price objective on shares of KeyCorp in a research report on Friday, May 17th. Wood & Company restated an “average” rating and issued a $38.00 price objective on shares of KeyCorp in a research report on Thursday, May 16th. Jefferies Financial Group upped their price objective on KeyCorp from $20.00 to $18.50 and gave the stock a “buy” rating in a research report on Monday, May 6th. Scotiabank restated a “buy” rating and issued a $36.00 price objective on shares of KeyCorp in a research report on Friday, February 22nd. Finally, Zacks Investment Research upgraded KeyCorp from a “sell” rating to a “hold” rating in a research report on Monday, March 4th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the stock. KeyCorp presently has an average rating of “Hold” and a consensus target price of $23.36.

Large investors have recently made changes to their positions in the company. Alpha Omega Wealth Management LLC purchased a new position in KeyCorp in the 1st quarter valued at $25,000. Bremer Bank National Association purchased a new position in KeyCorp in the 1st quarter valued at $29,000. Golden State Wealth Management LLC purchased a new position in KeyCorp in the 1st quarter valued at $27,000. Bruderman Asset Management LLC purchased a new position in KeyCorp in the 4th quarter valued at $26,000. Finally, Global Retirement Partners LLC lifted its holdings in KeyCorp by 50.7% in the 1st quarter. Global Retirement Partners LLC now owns 1,989 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 669 shares in the last quarter. Hedge funds and other institutional investors own 80.51% of the company’s stock.

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KeyCorp Company Profile

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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