Gideon Capital Advisors buys $4,786,324 stake in KeyCorp (KEY)

KeyCorp (KEY) : Gideon Capital Advisors scooped up 320,289 additional shares in KeyCorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 399,193 shares of KeyCorp which is valued at $4,786,324.KeyCorp makes up approximately 2.65% of Gideon Capital Advisors’s portfolio.

Other Hedge Funds, Including , Fsi Group sold out all of its stake in KEY during the most recent quarter. The investment firm sold 350,000 shares of KEY which is valued $4,196,500. Bridgewater Associates Lp added KEY to its portfolio by purchasing 120,100 company shares during the most recent quarter which is valued at $1,439,999. KeyCorp makes up approx 0.02% of Bridgewater Associates Lp’s portfolio.Her Majesty The Queen In Right Of The Province Of Alberta… boosted its stake in KEY in the latest quarter, The investment management firm added 76,890 additional shares and now holds a total of 295,450 shares of KeyCorp which is valued at $3,447,902. KeyCorp makes up approx 0.04% of Her Majesty The Queen In Right Of The Province Of Alberta…’s portfolio.

KeyCorp closed down -0.04 points or -0.33% at $12.14 with 1,12,03,565 shares getting traded on Tuesday. Post opening the session at $12.24, the shares hit an intraday low of $12.13 and an intraday high of $12.265 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, KeyCorp reported $0.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus of $0.28. The company had revenue of $1078.00 million for the quarter, compared to analysts expectations of $1082.02 million. The company’s revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on KeyCorp. KeyCorp was Resumed by JP Morgan to “Overweight” on Jul 25, 2016. KeyCorp was Upgraded by FBR Capital to ” Outperform” on Jul 11, 2016. KeyCorp was Upgraded by Morgan Stanley to ” Overweight” on Jul 5, 2016.

KeyCorp is a bank holding company. The Bank operates through its subsidiary KeyBank National Association which is engaged in providing banking services. Through KeyBank and other subsidiaries the Bank provides a range of retail and commercial banking commercial leasing investment management consumer finance commercial mortgage servicing and special servicing and investment banking products and services. The Bank provides these services to individual corporate and institutional clients. The Bank operates in two segments: Key Community Bank which serves individuals and small to mid-sized businesses by offering a variety of deposit investment lending credit card and personalized wealth management products and business advisory services and Key Corporate Bank is a full-service corporate and investment bank focused on serving the needs of middle market clients in seven industry sectors: consumer energy healthcare industrial public sector real estate and technology.

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