Exchange Traded Concepts LLC raised its stake in shares of KeyCorp (NYSE:KEY - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 219,295 shares of the financial services provider's stock after buying an additional 19,998 shares during the period. Exchange Traded Concepts LLC's holdings in KeyCorp were worth $3,759,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in shares of KeyCorp during the 4th quarter valued at about $476,000. Avior Wealth Management LLC grew its holdings in KeyCorp by 19.5% during the fourth quarter. Avior Wealth Management LLC now owns 25,955 shares of the financial services provider's stock valued at $445,000 after purchasing an additional 4,243 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of KeyCorp by 2.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 105,861 shares of the financial services provider's stock valued at $1,814,000 after purchasing an additional 2,293 shares during the period. SG Americas Securities LLC lifted its stake in shares of KeyCorp by 59.4% in the fourth quarter. SG Americas Securities LLC now owns 154,303 shares of the financial services provider's stock worth $2,645,000 after buying an additional 57,510 shares during the last quarter. Finally, Atomi Financial Group Inc. boosted its holdings in shares of KeyCorp by 8.1% during the 4th quarter. Atomi Financial Group Inc. now owns 44,843 shares of the financial services provider's stock worth $769,000 after buying an additional 3,372 shares during the period. Institutional investors and hedge funds own 79.69% of the company's stock.

Shares of KEY opened at $17.69 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.88 and a current ratio of 0.85. The company has a 50-day moving average price of $18.03 and a two-hundred day moving average price of $17.09. KeyCorp has a 12 month low of $13.10 and a 12 month high of $20.04.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 4.64%. The ex-dividend date of this dividend is Tuesday, March 4th. KeyCorp's dividend payout ratio is -273.32%.

Several brokerages recently commented on KEY. Baird R W downgraded shares of KeyCorp from a "strong-buy" rating to a "hold" rating in a report on Monday, October 14th. Stephens reissued an "overweight" rating and set a $20.00 price objective on shares of KeyCorp in a research report on Wednesday. The Goldman Sachs Group raised their target price on KeyCorp from $20.00 to $23.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Piper Sandler upped their price target on KeyCorp from $19.00 to $22.00 and gave the stock an "overweight" rating in a report on Tuesday, December 3rd. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of KeyCorp from $22.00 to $21.00 and set an "outperform" rating on the stock in a research note on Wednesday. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, KeyCorp currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.58.

Get Our Latest Research Report on KeyCorp

In other KeyCorp news, insider Angela G. Mago sold 15,011 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $19.59, for a total value of $294,065.49. Following the transaction, the insider now directly owns 234,582 shares in the company, valued at $4,595,461.38. The trade was a 6.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carlton L. Highsmith sold 9,000 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $17.14, for a total transaction of $154,260.00. Following the sale, the director now directly owns 37,864 shares in the company, valued at $648,988.96. This represents a 19.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.61% of the company's stock.

(Free Report)

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.

Before you consider KeyCorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KeyCorp wasn't on the list.

While KeyCorp currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here