KeyCorp (NYSE:KEY) went up to recover about 23.89% since recording its record low price of $16.28. The stock experienced -0.88% slump, arriving at $20.17 on 12/29/2017. During the day, the stock price traveled from $20.17 to $20.41. This company shares are 5.9% off its target price of $21.36 and the current market capitalization stands at $21.68B. The recent change has given its price a 6.66% lead over SMA 50 and -1.99% deficit over its 52-week high. The stock witnessed 6.1% gains, 7.17% gains and 7.63% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found KEY’s volatility during a week at 1.17% and during a month it has been found around 1.88%.
KeyCorp (KEY) Top Holders
Institutional investors currently hold around $18.07 billion or 82.4% in KEY stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.27 billion in KeyCorp, which represents roughly 10.46% of the company’s market cap and approximately 12.55% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 83,040,737 shares of the stock are valued at $1.67 billion. The third largest holder is State Street Corp, which currently holds $1.14 billion worth of this stock and that ownership represents nearly 5.24% of its market capitalization.
KeyCorp 13F Filings
At the end of 09/30/2017 reporting period, 313 institutional holders increased their position in KeyCorp (NYSE:KEY) by some 85,046,585 shares, 298 decreased positions by 72,229,052 and 111 held positions by 738,387,515. That puts total institutional holdings at 895,663,152 shares, according to SEC filings. The stock grabbed 66 new institutional investments totaling 35,014,542 shares while 56 institutional investors sold out their entire positions totaling 14,027,619 shares.
KeyCorp (NYSE:KEY) Insider Trades
Multiple company employees have indulged in significant insider trading. KeyCorp disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Gile Elizabeth R. has acquired 1,374 shares of KeyCorp (KEY) in trading session dated Nov. 22, 2017. These shares are worth $25,048 and were traded at $18.23 each. The SEC filing shows that Highsmith Carlton L performed a sale of 7,600 shares. The Director disposed these shares by way of transaction on Nov. 03, 2017. The company’s shares were given away at $18.39 per share worth to an income of some $139,764 on account of Highsmith Carlton L.
General Counsel & Secretary, Harris Paul N, sold 2,758 common shares of KeyCorp (KEY) in the open market. In a transaction dated Oct. 25, 2017, the shares were put up for sale at an average price of $18.54, raking in a sum of $51,133. After this sale, 186,591 common shares of KEY are directly owned by the insider, with total stake valued at $3,763,540.
In the transaction dated Oct. 24, 2017, the great number of shares disposed came courtesy the Co-Head Corporate Bank; Paine Andrew J Iii disposed a total of 46,854 shares at an average price of $18.56, amounting to approximately $869,610. The insider now directly owns 132,645 shares worth $2,675,450.
KeyCorp (KEY) Analyst Guide
Several analysts have released their opinion on KeyCorp (NYSE:KEY), with 10 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.98 average brokerage recommendation.