Keycorp /new/ (KEY): Charles P Cooley , director of Keycorp /new/ purchased 5,000 shares on May 23, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.41 per share for a total value of $62,050.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Alexander M Cutler (director) purchased 15,000 shares at $11.86 per share price.On May 9, 2016, Elizabeth R. Gile (director) purchased 13,000 shares at $11.87 per share price.Also, On Feb 22, 2016, Ruth Ann M Gillis (director) purchased 8,300 shares at $10.63 per share price.On Feb 22, 2016, Kristen L Manos (director) purchased 10,000 shares at $10.62 per share price.
KeyCorp: On Friday, May 20, 2016 heightened volatility was witnessed in KeyCorp which led to swings in the share price. The shares opened for trading at $12.44 and hit $12.6 on the upside , eventually ending the session at $12.48, with a gain of 0.73% or 0.09 points. The heightened volatility saw the trading volume jump to 91,14,099 shares. The 52-week high of the share price is $15.7 and the company has a market cap of $10,513 M . The 52-week low of the share price is at $9.88.
Company has been under the radar of several Street Analysts.KeyCorp is Resumed by Morgan Stanley to Equal-Weight and the brokerage firm has set the Price Target at $13.50. The Rating was issued on Apr 12, 2016.KeyCorp is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 13 from a previous price target of $14 . The Rating was issued on Apr 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.