68 National Bank of Canada FI increased its stake in KeyCorp by 9.2% during the fourth quarter, as reported by Holdings Channel.com. The fund acquired an additional 18,820 shares, bringing its total holdings to 223,206 shares worth $3,261,000. This information comes from the fund’s most recent SEC filing. Several other hedge funds also made significant investments in KeyCorp. The Ontario Teachers Pension Plan Board purchased a new position valued at $274,773,000 during the third quarter. Ceredex Value Advisors LLC acquired a new stake worth $64,421,000 in the fourth quarter. FMR LLC increased its holdings by 14.4% during the third quarter, owning 31,781,539 shares valued at $341,969,000 after adding 3,992,226 shares. Charles Schwab Investment Management Inc. boosted its position by 16.2% in the third quarter, now holding 23,126,760 shares worth $248,844,000 after purchasing an additional 3,216,584 shares. Additionally, AQR Capital Management LLC saw a significant increase of 844.4% in its stake, now owning 3,160,631 shares worth $34,008,000 after adding 2,825,977 shares in the third quarter. Overall, 79.69% of KeyCorp’s stock is held by institutional investors. In terms of insider transactions, CAO Douglas M. Schosser sold 3,326 shares on February 15th at an average price of $14.00, totaling $46,564. Following this sale, Schosser owns 19,795 shares worth $277,130. Additionally, insider Kenneth C. Gavrity sold 2,376 shares on February 16th at an average price of $14.03, totaling $33,335.28. Following this transaction, Gavrity holds 98,120 shares valued at $1,376,623.60. These transactions are documented with the SEC. KeyCorp shares opened at $15.08 on Monday, with a 50-day moving average of $14.92 and a 200-day moving average of $13.87. The stock has a twelve-month low of $8.73 and a high of $15.86. It has a market cap of $14.22 billion, a PE ratio of 19.09, and a beta of 1.28. The company’s quick and current ratios are both 0.87, with a debt-to-equity ratio of 1.72. KeyCorp’s most recent earnings report, released on April 18th, showed earnings per share (EPS) of $0.22 for the quarter, slightly missing the consensus estimate of $0.23. The company reported a net margin of 7.53% and a return on equity of 8.89%, with revenue of $1.53 billion, slightly above the consensus estimate of $1.51 billion. Revenue was down 10.6% compared to the same quarter last year. Analysts forecast that KeyCorp will post an EPS of 1.14 for the current fiscal year. You Might Be Interested In Wells Fargo Reports 7% Profit Decline in Q1 Due to Lower Interest Income Artificial Intelligence Boosts Productivity in Key Sectors, Paving the Way for Economic Growth MassMutual and iCapital Launch Comprehensive Platform for Alternative Investments and Annuities Exxon Anticipates Hess Arbitration to Extend into 2025, CEO Reveals AutoZone Expands ‘Mega Hub’ Network for Swift Store Fulfillment Goldman Sachs Surpasses Profit Expectations, Fueled by Investment Banking