$0.41 EPS Expected for KeyCorp (KEY)

June 15, 2018 - By Vivian Park

KeyCorp (NYSE:KEY) LogoInvestors sentiment increased to 1.04 in Q1 2018. Its up 0.08, from 0.96 in 2017Q4. It is positive, as 34 investors sold KeyCorp shares while 219 reduced holdings. 74 funds opened positions while 190 raised stakes. 822.67 million shares or 1.60% less from 836.01 million shares in 2017Q4 were reported.
Becker Capital Mngmt Inc invested in 0.84% or 1.29M shares. Davis R M holds 10,774 shares. Ajo Limited Partnership has invested 0.01% in KeyCorp (NYSE:KEY). Asset Management Incorporated reported 129,112 shares. Pinebridge Invests L P holds 0.13% in KeyCorp (NYSE:KEY) or 270,823 shares. Fiduciary Tru owns 551,470 shares for 0.33% of their portfolio. Segall Bryant & Hamill Limited Liability Corporation invested 0.01% in KeyCorp (NYSE:KEY). Mitsubishi Ufj Hldg Company Ltd holds 0.12% or 1,600 shares. Gulf International National Bank & Trust (Uk) Limited accumulated 331,089 shares. The New York-based Renaissance Techs Lc has invested 0.02% in KeyCorp (NYSE:KEY). Asset Mgmt One Communications Ltd owns 0.08% invested in KeyCorp (NYSE:KEY) for 1.76 million shares. 66,760 are owned by Credit Agricole S A. Colorado-based Institute For Wealth Mngmt Limited Liability has invested 0.16% in KeyCorp (NYSE:KEY). Cleararc Capital Incorporated holds 27,082 shares. Srb holds 9,952 shares.

Since January 22, 2018, it had 1 insider buy, and 5 sales for $2.65 million activity. The insider Burke Edward J. sold $198,300. The insider Midkiff Mark W bought $9,998. Another trade for 11,819 shares valued at $250,639 was sold by Buffie Craig A. Brady Amy G. sold 24,607 shares worth $504,444. Another trade for 25,000 shares valued at $527,750 was made by DeAngelis Robert A on Wednesday, February 21.

Analysts expect KeyCorp (NYSE:KEY) to report $0.41 EPS on July, 19.They anticipate $0.07 EPS change or 20.59 % from last quarter’s $0.34 EPS. KEY’s profit would be $435.28M giving it 12.52 P/E if the $0.41 EPS is correct. After having $0.38 EPS previously, KeyCorp’s analysts see 7.89 % EPS growth. The stock decreased 0.68% or $0.14 during the last trading session, reaching $20.53. About 12.50M shares traded or 37.30% up from the average. KeyCorp (NYSE:KEY) has risen 10.47% since June 15, 2017 and is uptrending. It has underperformed by 2.10% the S&P500.

KeyCorp (NYSE:KEY) Ratings Coverage

Among 11 analysts covering KeyCorp (NYSE:KEY), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. KeyCorp had 17 analyst reports since December 18, 2017 according to SRatingsIntel. Susquehanna maintained the shares of KEY in report on Thursday, January 4 with “Hold” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $2300 target in Wednesday, April 4 report. Susquehanna maintained the stock with “Hold” rating in Thursday, January 18 report. The company was maintained on Thursday, January 18 by BMO Capital Markets. Morgan Stanley maintained KeyCorp (NYSE:KEY) on Tuesday, April 24 with “Overweight” rating. Piper Jaffray maintained it with “Buy” rating and $22.0 target in Thursday, January 18 report. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, April 19 report. The firm earned “Buy” rating on Monday, January 8 by Jefferies. The firm earned “Buy” rating on Monday, December 18 by BMO Capital Markets.

KeyCorp operates as the bank holding firm for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company has market cap of $21.80 billion. The companyÂ’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans; deposits, investment and credit products, and business advisory services; and financial, estate and retirement planning, and asset management services to high-net-worth clients. It has a 18.23 P/E ratio. This segment also provides commercial lending, cash management, equipment leasing, investment, insurance including commercial property and casualty, as well as captive insurance and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses.

KeyCorp (NYSE:KEY) Institutional Positions Chart

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