State Street Corp is the third biggest owner of KeyCorp (KEY)

KeyCorp (NYSE:KEY) enjoyed a 21.01% run-up in share price since hitting record low of $16.28. The stock managed 0.66% rise and now stands at $19.7 as of 07/06/2018. At recent session, the prices were hovering between $19.38 and $19.79. This company shares are 18.88% off its target price of $23.42 and the current market capitalization stands at $20.91B. The recent change has given its price a -2.06% deficit over SMA 50 and -12.05% deficit over its 52-week high. The stock witnessed -3.57% declines, 3.2% gains and -3.05% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found KEY’s volatility during a week at 2.3% and during a month it has been found around 2.14%.

KeyCorp (KEY) Top Holders

Institutional investors currently hold around $16.85 billion or 81.6% in KEY stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.21 billion in KeyCorp, which represents roughly 10.56% of the company’s market cap and approximately 13.11% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 77,928,736 shares of the stock are valued at $1.54 billion. The third largest holder is State Street Corp, which currently holds $1.06 billion worth of this stock and that ownership represents nearly 5.07% of its market capitalization.

KeyCorp 13F Filings

At the end of March reporting period, 343 institutional holders increased their position in KeyCorp (NYSE:KEY) by some 62,599,706 shares, 331 decreased positions by 74,589,034 and 116 held positions by 718,191,935. That puts total institutional holdings at 855,380,675 shares, according to SEC filings. The stock grabbed 92 new institutional investments totaling 10,912,969 shares while 64 institutional investors sold out their entire positions totaling 11,902,493 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 Chief Information Officer Brady Amy G. has sold 24,607 shares of KeyCorp (KEY) in trading session dated May. 15, 2018. These shares are worth $504,444 and were traded at $20.5 each. The SEC filing shows that Burke Edward J. performed a sale of 10,000 shares. The Co-Pres., Key Community Bank disposed these shares by way of transaction on May. 08, 2018. The company’s shares were given away at $19.83 per share worth to an income of some $198,300 on account of Burke Edward J..

Dir. of Qual. & Prod. Mgmt., Deangelis Robert A, sold 25,000 common shares of KeyCorp (KEY) in the open market. In a transaction dated Feb. 21, 2018, the shares were put up for sale at an average price of $21.11, raking in a sum of $527,750. After this sale, 158,109 common shares of KEY are directly owned by the insider, with total stake valued at $3,114,747.

In the transaction dated Feb. 15, 2018, the great number of shares disposed came courtesy the Pres. of Banking & Vice Chair, 10% Owner; Gorman Christopher M. disposed a total of 56,038 shares at an average price of $20.97, amounting to approximately $1,175,117. The insider now directly owns 490,159 shares worth $9,656,132.

KeyCorp (KEY) Analyst Guide

Several analysts have released their opinion on KeyCorp (NYSE:KEY), with 14 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.64 average brokerage recommendation.