Traders purchased shares of KeyCorp (NYSE:KEY) on weakness during trading on Wednesday. $41.91 million flowed into the stock on the tick-up and $26.78 million flowed out of the stock on the tick-down, for a money net flow of $15.13 million into the stock. Of all stocks tracked, KeyCorp had the 12th highest net in-flow for the day. KeyCorp traded down ($0.06) for the day and closed at $12.08

A number of research analysts have weighed in on the company. Barclays PLC restated a “sell” rating on shares of KeyCorp in a research note on Saturday, July 9th. Wells Fargo & Co. restated a “hold” rating on shares of KeyCorp in a research note on Saturday, July 9th. Nomura restated a “buy” rating on shares of KeyCorp in a research note on Saturday, July 9th. Zacks Investment Research upgraded KeyCorp from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. Finally, Vetr downgraded KeyCorp from a “strong-buy” rating to a “buy” rating and set a $13.77 price target for the company. in a research note on Tuesday, May 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. KeyCorp has a consensus rating of “Buy” and an average price target of $14.45.

The firm has a 50 day moving average price of $11.78 and a 200 day moving average price of $11.62. The stock has a market cap of $13.07 billion and a price-to-earnings ratio of 12.49.

KeyCorp (NYSE:KEY) last issued its quarterly earnings data on Tuesday, July 26th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.27. The business earned $1.07 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter last year, the business posted $0.27 EPS. The company’s quarterly revenue was down .1% on a year-over-year basis. Equities research analysts forecast that KeyCorp will post $1.06 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Friday, July 29th will be given a $0.085 dividend. The ex-dividend date is Wednesday, July 27th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.81%.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. Suntrust Banks Inc. boosted its position in KeyCorp by 15.5% in the fourth quarter. Suntrust Banks Inc. now owns 113,543 shares of the financial services provider’s stock worth $1,496,000 after buying an additional 15,207 shares in the last quarter. I.G. Investment Management LTD. boosted its position in KeyCorp by 10.8% in the fourth quarter. I.G. Investment Management LTD. now owns 328,922 shares of the financial services provider’s stock worth $4,338,000 after buying an additional 32,066 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in KeyCorp by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,387,069 shares of the financial services provider’s stock worth $71,058,000 after buying an additional 97,018 shares in the last quarter. State of Tennessee Treasury Department boosted its position in KeyCorp by 24.1% in the fourth quarter. State of Tennessee Treasury Department now owns 508,891 shares of the financial services provider’s stock worth $6,712,000 after buying an additional 98,959 shares in the last quarter. Finally, BlackRock Advisors LLC boosted its position in KeyCorp by 12.5% in the fourth quarter. BlackRock Advisors LLC now owns 3,486,192 shares of the financial services provider’s stock worth $45,983,000 after buying an additional 388,049 shares in the last quarter.

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

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