James Investment Research Inc. trimmed its position in shares of KeyCorp (NYSE:KEY) by 33.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,600 shares of the financial services provider’s stock after selling 6,730 shares during the quarter. James Investment Research Inc.’s holdings in KeyCorp were worth $274,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation boosted its holdings in KeyCorp by 2,277.5% during the 3rd quarter. Zions Bancorporation now owns 5,706 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 5,466 shares during the period. Bank of Nova Scotia Trust Co. purchased a new position in KeyCorp during the 3rd quarter valued at about $132,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in KeyCorp during the 3rd quarter valued at about $145,000. AllSquare Wealth Management LLC purchased a new position in KeyCorp during the 3rd quarter valued at about $173,000. Finally, Quantbot Technologies LP purchased a new position in KeyCorp during the 2nd quarter valued at about $174,000. Institutional investors own 81.62% of the company’s stock.

Shares of KeyCorp (NYSE:KEY) opened at $21.76 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.89 and a quick ratio of 0.88. The stock has a market capitalization of $23,445.01, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.64 and a beta of 1.04. KeyCorp has a 12-month low of $16.28 and a 12-month high of $22.22.

KeyCorp (NYSE:KEY) last posted its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36. The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.58 billion. KeyCorp had a return on equity of 10.66% and a net margin of 18.06%. During the same quarter last year, the company earned $0.31 EPS. equities research analysts expect that KeyCorp will post 1.68 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Tuesday, February 27th will be given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Monday, February 26th. KeyCorp’s dividend payout ratio is currently 37.50%.

In other news, insider Craig A. Buffie sold 11,819 shares of the firm’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $21.21, for a total transaction of $250,680.99. Following the sale, the insider now owns 51,791 shares of the company’s stock, valued at approximately $1,098,487.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Elizabeth R. Gile bought 1,374 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were acquired at an average cost of $18.23 per share, for a total transaction of $25,048.02. Following the transaction, the director now directly owns 24,989 shares in the company, valued at approximately $455,549.47. The disclosure for this purchase can be found here. 0.65% of the stock is owned by company insiders.

A number of equities analysts recently commented on the company. Deutsche Bank upgraded KeyCorp from a “hold” rating to a “buy” rating and raised their target price for the company from $23.00 to $24.00 in a report on Thursday, January 25th. Oppenheimer restated a “hold” rating on shares of KeyCorp in a report on Monday, January 22nd. Sandler O’Neill restated a “hold” rating and set a $21.50 target price on shares of KeyCorp in a report on Friday, January 19th. Zacks Investment Research cut KeyCorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, Citigroup raised their target price on KeyCorp from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eighteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $22.07.

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KeyCorp Company 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.

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Institutional Ownership by Quarter for KeyCorp (NYSE:KEY)

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