KeyCorp (NYSE:KEY) had declared a cash dividend of $0.0850 on Nov 17, 2016. The shares will quote ex-dividend on Nov 25, 2016 and the record date has been fixed for Nov 29, 2016. On Nov 17, 2016 share price, the yield comes out to be 2.0000%. The dividend payable date has been fixed on Dec 15, 2016.
In a different note, On Aug 29, 2016, PiperJaffray said it Downgrades its rating on KeyCorp. The shares have been rated ‘Neutral’ by the firm. On Aug 22, 2016, Citigroup said it Maintains its rating on KeyCorp. In the research note, the firm Raises the price-target to $14.00 per share. The shares have been rated ‘Buy’ by the firm.
KeyCorp (KEY) made into the market gainers list on Mondays trading session with the shares advancing 0.06% or 0.01 points. Due to strong positive momentum, the stock ended at $17.01, which is also near the day’s high of $17.1. The stock began the session at $17.05 and the volume stood at 1,64,80,732 shares. The 52-week high of the shares is $17.12 and the 52 week low is $9.88. The company has a current market capitalization of $18,383 M and it has 1,08,07,11,950 shares in outstanding.
KeyCorp(KEY) last announced its earnings results on Oct 25, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $1.34B. Analysts had an estimated revenue of $1.29B. Earnings per share were $0.30. The reported EPS was above estimates by $0.04 or 15.38%. Analysts had estimated an EPS of $0.26.
Several Insider Transactions has been reported to the SEC. On Nov 14, 2016, Amy G. Brady (Chief Information Officer) sold 9,457 shares at $15.64 per share price.Also, On May 23, 2016, Charles P Cooley (director) purchased 5,000 shares at $12.41 per share price.On May 18, 2016, Alexander M Cutler (director) purchased 15,000 shares at $11.86 per share price, according to the Form-4 filing with the securities and exchange commission.
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.