International Private Wealth Advisors LLC Sells 1,377 Shares of KeyCorp (NYSE:KEY)

International Private Wealth Advisors LLC lowered its stake in KeyCorp (NYSE:KEY) by 5.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 25,703 shares of the financial services provider’s stock after selling 1,377 shares during the quarter. International Private Wealth Advisors LLC’s holdings in KeyCorp were worth $431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC raised its holdings in shares of KeyCorp by 285.5% during the third quarter. Wolff Wiese Magana LLC now owns 1,542 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 1,142 shares in the last quarter. Pathway Financial Advisers LLC bought a new position in shares of KeyCorp during the first quarter valued at approximately $25,000. American Capital Advisory LLC bought a new position in shares of KeyCorp during the third quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new stake in KeyCorp in the first quarter worth $32,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in KeyCorp in the third quarter worth $35,000. Institutional investors own 79.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on KEY shares. The Goldman Sachs Group set a $19.00 price target on KeyCorp in a research note on Thursday, October 17th. Citigroup cut KeyCorp from a “buy” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research note on Thursday, November 7th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $18.00 price target on shares of KeyCorp in a research note on Tuesday, September 10th. Baird R W cut KeyCorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 14th. Finally, UBS Group increased their target price on KeyCorp from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, KeyCorp currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.79.

Insider Buying and Selling at KeyCorp

In other news, insider Angela G. Mago sold 15,011 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $19.59, for a total value of $294,065.49. Following the transaction, the insider now owns 234,582 shares of the company’s stock, valued at $4,595,461.38. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Carlton L. Highsmith sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $17.14, for a total value of $154,260.00. Following the transaction, the director now owns 37,864 shares of the company’s stock, valued at $648,988.96. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Angela G. Mago sold 15,011 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $19.59, for a total value of $294,065.49. Following the completion of the transaction, the insider now directly owns 234,582 shares in the company, valued at $4,595,461.38. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,011 shares of company stock valued at $610,425. 0.61% of the stock is owned by company insiders.

KeyCorp Stock Performance

KEY stock traded up $0.18 during trading on Thursday, reaching $19.23. The stock had a trading volume of 489,830 shares, compared to its average volume of 13,942,843. KeyCorp has a 52 week low of $11.64 and a 52 week high of $20.00. The stock’s 50 day moving average is $17.11 and its two-hundred day moving average is $15.74. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.09. The firm has a market cap of $19.06 billion, a PE ratio of 1,905.00, a PEG ratio of 1.06 and a beta of 1.24.

KeyCorp (NYSE:KEY) last posted its earnings results on Thursday, October 17th. The financial services provider reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. KeyCorp had a return on equity of 8.24% and a net margin of 0.76%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. As a group, equities analysts anticipate that KeyCorp will post 1.08 earnings per share for the current year.

KeyCorp Company Profile

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; commercial leasing, investment management, consumer finance; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.