What Is the Outlook for Key Shares?

By Chris Stiles • Monday, October 23 11:32 • Permanent Link

Key stock is trading -20.92% below its average target price of $12.74 after marking a 1.9% during today's morning session. Analysts are giving the large-cap Banking company an average rating of buy and target prices ranging from $10.0 to $16.0 per share.

Key has an average level of shares sold short, at 5.4% of its total share float. The stock's short ratio (also called days to cover) is 3.3. Only 0.33% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders.

Institutional investors own 82.6% of Key's shares, which indicates they have a high level of confidence in the company.

Institutions Invested in Key

Date Reported	Holder	Percentage	Shares	Value
2023-06-30	Vanguard Group Inc	12%	110,587,769	$1,114,171,751
2023-06-30	Blackrock Inc.	10%	93,937,195	$946,417,221
2023-06-30	State Street Corporation	5%	47,193,025	$475,469,717
2023-06-30	Fuller & Thaler Asset Management Inc.	3%	31,349,332	$315,844,513
2023-06-30	FMR, LLC	3%	27,789,313	$279,977,323
2023-06-30	Charles Schwab Investment Management, Inc.	2%	19,910,176	$200,595,019
2023-06-30	Geode Capital Management, LLC	2%	19,700,010	$198,477,596
2023-06-30	Invesco Ltd.	2%	18,421,448	$185,596,085
2023-06-30	Morgan Stanley	2%	14,599,646	$147,091,430
2023-06-30	Wells Fargo & Company	2%	14,316,581	$144,239,550

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.