A review of recent events surrounding
KeyCorp (KEY) highlights the bank's ongoing trajectory, both within the market and company's internal operations. KeyCorp has reaffirmed their commitment to shareholders by declaring a
quarterly dividend of $0.205 with an attractive yield of over 5%. The firm has had mixed market performance according to recent brokerages rating which encourage holding of
KeyCorp stock. There were swings in KeyCorp's stock as it fluctuated even as the market dipped and gained. Big firms like
Van ECK Associates Corp,
Apollon Wealth Management,
Private Advisor Group LLC, and
Natixis Advisors L.P. have grown their stake in KeyCorp signifying significant institutional interest. In spite of rising expenses and loan concentration, KeyCorp’s Q4 metrics surpassed expectations. Investors are recommended to look out for KeyCorp’s strong dividend yield on radar. The ongoing speculations around CEO's pay rise remained inconclusive, while interestingly, institutional investors have a lot at stake as they currently hold close to 81% of the company. Analysts feel that despite KeyCorp's performance, there is a limited upside as high EPS growth expectations seem already priced in.
Keycorp KEY News Analytics from Sun, 24 Sep 2023 07:00:00 GMT to Wed, 15 May 2024 14:04:43 GMT -
Rating 1
- Innovation -4
- Information 8
- Rumor -5
