Bogart Wealth LLC Sells 2,934 Shares of KeyCorp (NYSE:KEY)

Bogart Wealth LLC lowered its holdings in KeyCorp (NYSE:KEY) by 19.4% during the 3rd quarter, Holdings Channel reports. The firm owned 12,170 shares of the financial services provider’s stock after selling 2,934 shares during the period. Bogart Wealth LLC’s holdings in KeyCorp were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of KEY. Pathway Financial Advisers LLC bought a new stake in KeyCorp in the first quarter worth about $25,000. Wolff Wiese Magana LLC boosted its holdings in KeyCorp by 285.5% in the 3rd quarter. Wolff Wiese Magana LLC now owns 1,542 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,142 shares during the period. Crewe Advisors LLC bought a new position in shares of KeyCorp in the first quarter worth $32,000. Fidelis Capital Partners LLC purchased a new position in KeyCorp during the 1st quarter valued at about $39,000. Finally, Hexagon Capital Partners LLC grew its stake in KeyCorp by 189.6% during the third quarter. Hexagon Capital Partners LLC now owns 2,311 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 1,513 shares in the last quarter. Institutional investors own 79.69% of the company’s stock.

KeyCorp Stock Up 0.9 %

Shares of NYSE:KEY opened at $17.23 on Friday. The firm has a market capitalization of $16.25 billion, a P/E ratio of 1,723.00, a P/E/G ratio of 0.94 and a beta of 1.25. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a 50 day moving average price of $16.70 and a 200-day moving average price of $15.39. KeyCorp has a 52-week low of $9.50 and a 52-week high of $17.94.

Insider Buying and Selling

In other news, Director Carlton L. Highsmith sold 10,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $16.21, for a total transaction of $162,100.00. Following the sale, the director now owns 46,864 shares in the company, valued at approximately $759,665.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.61% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. decreased their target price on KeyCorp from $17.50 to $16.50 and set a “neutral” rating on the stock in a research note on Thursday, June 27th. UBS Group boosted their target price on KeyCorp from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Wednesday. Citigroup set a $19.00 price target on shares of KeyCorp in a report on Thursday, October 17th. Baird R W lowered shares of KeyCorp from a “strong-buy” rating to a “hold” rating in a report on Monday, October 14th. Finally, The Goldman Sachs Group set a $19.00 price objective on shares of KeyCorp in a research note on Thursday, October 17th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $17.79.

KeyCorp 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.