KeyCorp (NYSE:KEY)‘s stock had its “hold” rating reissued by research analysts at Oppenheimer in a research report issued to clients and investors on Monday.

A number of other equities analysts have also weighed in on KEY. Sandler O’Neill restated a “hold” rating and set a $21.50 price target on shares of KeyCorp in a research report on Friday. Sanford C. Bernstein restated an “outperform” rating and set a $22.00 price target on shares of KeyCorp in a research report on Wednesday, September 27th. Vining Sparks restated a “buy” rating and set a $25.00 price target on shares of KeyCorp in a research report on Thursday. DA Davidson boosted their price target on shares of KeyCorp to $26.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Zacks Investment Research lowered shares of KeyCorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $21.98.

Shares of KeyCorp (KEY) traded up $0.23 during midday trading on Monday, hitting $21.39. 9,060,000 shares of the stock traded hands, compared to its average volume of 9,070,000. KeyCorp has a 1-year low of $16.28 and a 1-year high of $21.71. The firm has a market capitalization of $23,000.00, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 1.58 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 1.02.

KeyCorp (NYSE:KEY) last announced its earnings results on Thursday, January 18th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.36. KeyCorp had a net margin of 18.06% and a return on equity of 10.66%. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the business earned $0.31 earnings per share. equities analysts expect that KeyCorp will post 1.67 EPS for the current fiscal year.

In other KeyCorp news, insider Andrew J. Paine III sold 46,854 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of $18.56, for a total value of $869,610.24. Following the transaction, the insider now directly owns 110,052 shares in the company, valued at approximately $2,042,565.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Carlton L. Highsmith sold 7,600 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were 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 in the company, 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 worth $1,060,508 over the last quarter. 0.65% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of KEY. GSA Capital Partners LLP boosted its holdings in KeyCorp by 14.4% in the 2nd quarter. GSA Capital Partners LLP now owns 42,349 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 5,328 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of KeyCorp by 16.1% in the 2nd quarter. D.A. Davidson & CO. now owns 33,475 shares of the financial services provider’s stock valued at $627,000 after acquiring an additional 4,633 shares during the period. TIAA FSB purchased a new stake in shares of KeyCorp in the 2nd quarter valued at approximately $218,000. Quantbot Technologies LP purchased a new stake in shares of KeyCorp in the 2nd quarter valued at approximately $174,000. Finally, Suntrust Banks Inc. raised its stake in shares of KeyCorp by 415.6% in the 2nd quarter. Suntrust Banks Inc. now owns 136,755 shares of the financial services provider’s stock valued at $2,561,000 after acquiring an additional 110,234 shares during the period. Institutional investors own 81.00% of the company’s stock.

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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.

Analyst Recommendations for KeyCorp (NYSE:KEY)

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