Columbia Partners L L C Investment Management grew its holdings in KeyCorp (NYSE:KEY) by 37.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,048 shares of the financial services provider’s stock after purchasing an additional 3,817 shares during the period. Columbia Partners L L C Investment Management’s holdings in KeyCorp were worth $264,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. bought a new stake in KeyCorp during the 3rd quarter worth approximately $145,000. Sun Life Financial INC increased its holdings in KeyCorp by 80,370.0% during the 2nd quarter. Sun Life Financial INC now owns 8,047 shares of the financial services provider’s stock worth $151,000 after acquiring an additional 8,037 shares during the period. AllSquare Wealth Management LLC bought a new stake in KeyCorp during the 3rd quarter worth approximately $173,000. Quantbot Technologies LP bought a new stake in KeyCorp during the 2nd quarter worth approximately $174,000. Finally, Connable Office Inc. bought a new stake in KeyCorp during the 3rd quarter worth approximately $195,000. 82.97% of the stock is currently owned by institutional investors.

In other KeyCorp news, General Counsel Paul N. Harris sold 2,758 shares of the company’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $18.54, for a total value of $51,133.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carlton L. Highsmith sold 7,600 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $18.39, for a total transaction of $139,764.00. Following the completion of the transaction, the director now owns 68,725 shares of the company’s stock, valued at $1,263,852.75. The disclosure for this sale can be found here. Insiders sold a total of 57,212 shares of company stock valued at $1,060,508 over the last 90 days. Company insiders own 0.65% of the company’s stock.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of KeyCorp from a “hold” rating to a “sell” rating in a report on Monday, October 30th. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of KeyCorp in a report on Friday, October 20th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $21.00 target price on shares of KeyCorp in a report on Thursday, October 19th. Citigroup Inc. boosted their price target on shares of KeyCorp from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Monday, October 9th. Finally, Robert W. Baird reissued a “hold” rating and issued a $18.00 price target on shares of KeyCorp in a research note on Friday, October 6th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company’s stock. KeyCorp has a consensus rating of “Hold” and an average price target of $20.82.

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KeyCorp (NYSE KEY) traded up $0.18 during trading hours on Friday, reaching $18.31. 9,549,746 shares of the company were exchanged, compared to its average volume of 10,698,833. KeyCorp has a 52 week low of $16.28 and a 52 week high of $19.53. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 1.06. The company has a market cap of $19,690.57, a price-to-earnings ratio of 13.87, a P/E/G ratio of 1.67 and a beta of 1.10.

KeyCorp (NYSE:KEY) last issued its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.35 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. KeyCorp had a net margin of 23.57% and a return on equity of 9.84%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period in the prior year, the business earned $0.30 EPS. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. research analysts predict that KeyCorp will post 1.37 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 28th will be issued a $0.105 dividend. The ex-dividend date of this dividend is Monday, November 27th. This is a positive change from KeyCorp’s previous quarterly dividend of $0.10. This represents a $0.42 annualized dividend and a yield of 2.29%. KeyCorp’s dividend payout ratio is 33.33%.

KeyCorp Profile

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.

Institutional Ownership by Quarter for KeyCorp (NYSE:KEY)

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