Royal Bank of Canada Boosts Stake in KeyCorp by 10%
Royal Bank of Canada increased its stake in KeyCorp by 10% in Q1, buying an additional 466,273 shares, according to a recent SEC filing. The firm now owns 5,140,288 shares of KeyCorp's stock, worth $103 million as of the most recent SEC filing.
This is not an isolated instance; several other hedge funds and institutional investors have also made changes to their positions in KeyCorp in recent quarters. DV Equities LLC acquired a new position in Q4 valued at approximately $27,000, while Maseco LLP purchased a new position worth around $27,000.
The company has seen its stock price fluctuate over the past year, with a 52-week low of $16.47 and a high of $24.07. KeyCorp's market capitalization stands at $24.40 billion, with a PE ratio of 13.14 and a beta of 1.02.