Key stock is trading -34.61% below its average target price of $15.38 after dropping -5.8% during today's afternoon session. Analysts are giving the large-cap Banking company an average rating of buy and target prices ranging from $11.0 to $38.0 per share.
The stock has an average amount of shares sold short at 4.1%, and a short ratio of 1.36. Only 0.32% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders. Finally, we also note that a significant number of institutional investors are invested in the stock, with 83.8% of Key's shares being owned by this investor type.
Institutions Invested in Key
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group, Inc. (The) | 12% | 110,989,830 | $1,116,280,202 |
| 2023-03-31 | Blackrock Inc. | 10% | 89,759,881 | $902,759,992 |
| 2023-03-31 | Capital International Investors | 8% | 77,670,465 | $781,170,692 |
| 2023-03-31 | State Street Corporation | 5% | 45,998,612 | $462,631,034 |
| 2023-03-31 | FMR, LLC | 2% | 20,763,994 | $208,833,867 |
| 2023-03-31 | Federated Hermes, Inc. | 2% | 20,409,671 | $205,270,263 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 19,379,813 | $194,912,467 |
| 2023-03-31 | Charles Schwab Investment Management, Inc. | 2% | 18,811,924 | $189,200,923 |
| 2023-03-31 | Fuller & Thaler Asset Management Inc. | 2% | 16,953,892 | $170,513,766 |
| 2023-03-31 | Adage Capital Partners GP L.L.C. | 2% | 16,686,501 | $167,824,481 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Key.
