Analysts See $0.45 EPS for KeyCorp (KEY)

September 16, 2018 - By Victoria Pittman

KeyCorp (NYSE:KEY) LogoInvestors sentiment decreased to 0.89 in Q2 2018. Its down 0.15, from 1.04 in 2018Q1. It dropped, as 39 investors sold KeyCorp shares while 223 reduced holdings. 67 funds opened positions while 167 raised stakes. 804.34 million shares or 2.23% less from 822.67 million shares in 2018Q1 were reported.
Becker Cap Mgmt reported 1.26M shares. Andra Ap has invested 0.12% of its portfolio in KeyCorp (NYSE:KEY). 10,319 were accumulated by Sigma Investment Management. Trexquant Inv Ltd Partnership reported 272,201 shares. Cadence Capital Management Lc reported 0.15% stake. Fifth Third Fincl Bank holds 0.1% or 760,393 shares in its portfolio. Aviva Pcl stated it has 536,449 shares. Fagan Assocs invested 0.58% in KeyCorp (NYSE:KEY). 547,727 are held by Samlyn Capital Ltd. Principal Finance Gru reported 2.50M shares or 0.04% of all its holdings. Texas-based Maverick Cap Limited has invested 0.04% in KeyCorp (NYSE:KEY). Goldman Sachs Grp stated it has 0.05% of its portfolio in KeyCorp (NYSE:KEY). Robeco Institutional Asset Mngmt Bv holds 86,490 shares. Quantitative Systematic Strategies Ltd Liability Com has 129,757 shares. Veritas Invest Mgmt Llp reported 26,844 shares or 0.07% of all its holdings.

Since May 8, 2018, it had 1 insider purchase, and 5 selling transactions for $7.21 million activity. Gorman Christopher M. also sold $6.00M worth of KeyCorp (NYSE:KEY) on Wednesday, July 25. On Monday, July 23 the insider Dallas H James bought $199,984. Brady Amy G. sold $504,444 worth of KeyCorp (NYSE:KEY) on Tuesday, May 15. The insider Evans Trina M sold 27,674 shares worth $572,105. $129,972 worth of KeyCorp (NYSE:KEY) was sold by Schosser Douglas M.

Analysts expect KeyCorp (NYSE:KEY) to report $0.45 EPS on October, 18 before the open.They anticipate $0.10 EPS change or 28.57 % from last quarter’s $0.35 EPS. KEY’s profit would be $473.43M giving it 11.08 P/E if the $0.45 EPS is correct. After having $0.44 EPS previously, KeyCorp’s analysts see 2.27 % EPS growth. The stock increased 0.05% or $0.01 during the last trading session, reaching $19.94. About 22.43M shares traded or 145.01% up from the average. KeyCorp (NYSE:KEY) has risen 18.67% since September 16, 2017 and is uptrending. It has outperformed by 3.05% the S&P500.

KeyCorp (NYSE:KEY) Ratings Coverage

Among 7 analysts covering KeyCorp (NYSE:KEY), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. KeyCorp had 7 analyst reports since April 4, 2018 according to SRatingsIntel. The rating was maintained by Mizuho on Tuesday, July 24 with “Overweight”. The rating was upgraded by Susquehanna to “Buy” on Tuesday, April 24. As per Tuesday, April 24, the company rating was maintained by Morgan Stanley. Keefe Bruyette & Woods maintained KeyCorp (NYSE:KEY) on Wednesday, April 4 with “Buy” rating. The firm has “Buy” rating given on Thursday, April 19 by BMO Capital Markets. The company was maintained on Thursday, April 19 by Jefferies.

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 $20.98 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 15.29 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.

Another recent and important KeyCorp (NYSE:KEY) news was published by Seekingalpha.com which published an article titled: “Banks mostly tone down expectations for Q3, but Wells Fargo delivers some good news” on September 14, 2018.

KeyCorp (NYSE:KEY) Institutional Positions Chart

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