KeyCorp ($KEY) has been a subject of note recently, attracting a new investment from
CTC Alternative Strategies Ltd.. Brokerage Barclays has advised a Hold, given recent valuations and its
8.2% preferred yield. Noting
net interest income growth and a robust momentum, KeyCorp's preferred shares are seen as a viable income opportunity. Insights on
KeyCorp’s stability and potential caution on deposit flows have be flagged up in discussions. The bank has been recognized as a noteworthy value stock for long-term investors. However,
share sales by insiders and a dip in share price post recent earnings have been observed. Several high-profile fund and capital management firms, including
Alliancebernstein, Amundi and
Alyeska Investment Group, have expanded their holdings in KeyCorp. NFL Prospect
Jeremiah Smith's partnership with KeyBank highlights its commitment to financial education for Gen Z.
Robust Q2 earnings have boosted stockholder confidence, and prompted analysts to increase price targets. Collaborations such as the one with Qolo aim to enhance KeyCorp's commercial banking capabilities. Lastly, KeyCorp recently declared quarterly cash dividends on common and preferred shares.
Keycorp KEY News Analytics from Thu, 26 Dec 2024 08:00:00 GMT to Sun, 14 Sep 2025 00:03:46 GMT -
Rating 4
- Innovation 0
- Information 7
- Rumor -4
