Elizabeth Park Capital Advisors LTD Has Raised Holding in Keycorp New (KEY) by $703,000 as Market Value Declined; State Street Has Decreased Holding in New York Cmnty Bancorp (NYCB) by $6.82 Million as Stock Price Declined

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Elizabeth Park Capital Advisors Ltd increased its stake in Keycorp New (KEY) by 5.91% based on its latest 2018Q3 regulatory filing with the SEC. Elizabeth Park Capital Advisors Ltd bought 37,000 shares as the company’s stock declined 23.48% with the market. The hedge fund held 662,776 shares of the major banks company at the end of 2018Q3, valued at $13.18M, up from 625,776 at the end of the previous reported quarter. Elizabeth Park Capital Advisors Ltd who had been investing in Keycorp New for a number of months, seems to be bullish on the $17.30B market cap company. The stock decreased 0.59% or $0.1 during the last trading session, reaching $16.97. About 17.68 million shares traded or 40.37% up from the average. KeyCorp (NYSE:KEY) has declined 18.95% since February 10, 2018 and is downtrending. It has underperformed by 18.95% the S&P500. Some Historical KEY News: 30/05/2018 – Forward Air Presenting at KeyCorp Conference Tomorrow; 30/04/2018 – Hexcel Presenting at KeyCorp Conference May 30; 19/04/2018 – KEYCORP SEES FY18 NET INTEREST INCOME $3.95B-$4.05B; 29/03/2018 – PRESS RELEASE – KEYBANK ENTERS INTO AGREEMENT TO SELL KEY INSURANCE & BENEFITS SERVICES, INC. TO USI INSURANCE SERVICES; 25/05/2018 – Casella Waste Presenting at KeyCorp Conference May 31; 25/05/2018 – Harsco Presenting at KeyCorp Conference May 30; 12/03/2018 – DiamondRock Names Jay Johnson New Executive Vice President & Chief Financial Officer; 19/04/2018 – KEY SEES ’18 NET CHARGE-OFFS TO AVG LOAN UNDER 40-60 BPS TARGET; 25/05/2018 – WR Grace Presenting at KeyCorp Conference May 31; 29/05/2018 – MRC Global Presenting at KeyCorp Conference Tomorrow

State Street Corp decreased its stake in New York Cmnty Bancorp Inc (NYCB) by 3.03% based on its latest 2018Q3 regulatory filing with the SEC. State Street Corp sold 682,264 shares as the company’s stock declined 10.88% with the market. The institutional investor held 21.87 million shares of the finance company at the end of 2018Q3, valued at $226.78M, down from 22.55 million at the end of the previous reported quarter. State Street Corp who had been investing in New York Cmnty Bancorp Inc for a number of months, seems to be less bullish one the $5.67 billion market cap company. The stock decreased 0.08% or $0.01 during the last trading session, reaching $11.98. About 4.60M shares traded. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 27.02% since February 10, 2018 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical NYCB News: 23/04/2018 – S&P REVISES NEW YORK COMMUNITY BANK OUTLOOK TO ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘BBB’; 18/04/2018 – AHRC Nassau And New York Community Bank Team Up To Increase Financial Literacy For Adults With Intellectual Disabilities; 25/04/2018 – NEW YORK COMMUNITY BANCORP – NET INTEREST INCOME FOR THREE MONTHS ENDED MARCH 31, 2018 OF $270.3 MLN DECREASED 8% FROM YEAR-AGO QUARTER; 25/04/2018 – NY Community Bancorp 1Q Net $106.6M; 23/03/2018 – Fitch Affirms New York Community’s Ratings at ‘BBB+’/’F2’; Outlook Revised to Negative; 15/05/2018 – Kempen Adds PPL, Exits Tapestry, Cuts New York Community: 13F; 23/04/2018 – S&P REVISES NEW YORK COMMUNITY BANCORP INC. OUTLOOK TO ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘BBB-‘; 09/05/2018 – New York Community Bancorp, Inc. President and Chief Executive Officer Joseph R. Ficalora To Speak At Barclays Investor Confere; 20/04/2018 – DJ New York Community Bancorp Inc, Inst Holders, 1Q 2018 (NYCB); 25/04/2018 – NY Community Bancorp 1Q EPS 20c

Investors sentiment decreased to 0.91 in 2018 Q3. Its down 0.13, from 1.04 in 2018Q2. It dropped, as 40 investors sold NYCB shares while 113 reduced holdings. 53 funds opened positions while 86 raised stakes. 320.67 million shares or 4.14% more from 307.94 million shares in 2018Q2 were reported. Cutler Capital Management Ltd Limited Liability Company holds 0.49% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB) for 114,400 shares. Deprince Race & Zollo Inc owns 1.62M shares for 0.38% of their portfolio. Adage Prns Group Incorporated Ltd Liability Corporation owns 933,654 shares. Moreover, Raymond James Assoc has 0.01% invested in New York Community Bancorp, Inc. (NYSE:NYCB). Brookstone Cap Mgmt stated it has 0.04% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). Neuberger Berman Limited Liability accumulated 101,730 shares. Alphamark Limited Liability reported 294,685 shares or 1.23% of all its holdings. Hilton Capital Mngmt Lc holds 2,000 shares. Oppenheimer And reported 93,963 shares. The Nebraska-based Farmers And Merchants Invests Inc has invested 0.01% in New York Community Bancorp, Inc. (NYSE:NYCB). Veritable Limited Partnership holds 0% in New York Community Bancorp, Inc. (NYSE:NYCB) or 20,325 shares. 15,039 are held by Northwestern Mutual Wealth Mgmt Co. Twin Tree Mngmt LP holds 0.01% or 84,763 shares in its portfolio. Parametric Portfolio Assocs Lc owns 0.01% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 1.32M shares. Alps Advsr Inc stated it has 0% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB).

More notable recent New York Community Bancorp, Inc. (NYSE:NYCB) news were published by: Seekingalpha.com which released: “New York Community Bank: What Are Investors So Afraid Of? – Seeking Alpha” on August 14, 2018, also Seekingalpha.com with their article: “New York Community Bank Benefits From Deregulation – Bill Zettler’s Idea Of The Month – Seeking Alpha” published on March 20, 2018, Seekingalpha.com published: “New York Community Bancorp rating cut to junk by S&P – Seeking Alpha” on October 26, 2018. More interesting news about New York Community Bancorp, Inc. (NYSE:NYCB) were released by: Fool.com and their article: “New York Community Bancorp (NYCB) Q4 2018 Earnings Conference Call Transcript – The Motley Fool” published on January 31, 2019 as well as Seekingalpha.com‘s news article titled: “Look For Value In 2019 With New York Community Bancorp – Seeking Alpha” with publication date: December 21, 2018.

State Street Corp, which manages about $1302.12 billion US Long portfolio, upped its stake in Kennedy (NYSE:KW) by 91,525 shares to 2.71M shares, valued at $58.25 million in 2018Q3, according to the filing. It also increased its holding in Playags Inc by 98,809 shares in the quarter, for a total of 326,117 shares, and has risen its stake in Akebia Therapeutics Inc (NASDAQ:AKBA).

Among 16 analysts covering New York Community Bancorp Inc. (NYSE:NYCB), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. New York Community Bancorp Inc. had 50 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Wednesday, January 31 with “Sell”. The firm earned “Equal-Weight” rating on Friday, April 27 by Morgan Stanley. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, February 1 report. FBR Capital upgraded New York Community Bancorp, Inc. (NYSE:NYCB) rating on Tuesday, January 19. FBR Capital has “Mkt Perform” rating and $15.0 target. The stock has “Outperform” rating by Raymond James on Friday, October 30. FBR Capital downgraded New York Community Bancorp, Inc. (NYSE:NYCB) rating on Wednesday, December 21. FBR Capital has “Underperform” rating and $15 target. Sandler O’Neill maintained it with “Buy” rating and $16.0 target in Wednesday, January 31 report. The stock has “Neutral” rating by UBS on Tuesday, January 8. The firm has “Neutral” rating given on Tuesday, December 20 by Bank of America. The firm has “Underperform” rating given on Thursday, April 27 by FBR Capital.

Among 36 analysts covering Keycorp (NYSE:KEY), 23 have Buy rating, 3 Sell and 10 Hold. Therefore 64% are positive. Keycorp had 125 analyst reports since July 20, 2015 according to SRatingsIntel. The company was downgraded on Friday, August 28 by Vetr. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. As per Wednesday, August 12, the company rating was maintained by Deutsche Bank. The rating was maintained by Robert W. Baird on Friday, November 10 with “Hold”. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, January 2. The stock of KeyCorp (NYSE:KEY) has “Buy” rating given on Monday, January 4 by Sandler O’Neill. The rating was downgraded by Bernstein to “Mkt Perform” on Wednesday, November 16. The firm has “Buy” rating by Jefferies given on Wednesday, July 27. On Tuesday, November 29 the stock rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform”. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, October 19 report.

More notable recent KeyCorp (NYSE:KEY) news were published by: which released: “Reuters: Snapchat weighs permanent content in key change – Seeking Alpha” on January 28, 2019, also Seekingalpha.com with their article: “Does KeyCorp Really Deserve To Be So Unpopular? – Seeking Alpha” published on January 29, 2019, Crainscleveland.com published: “KeyBank is set to buy the online lending business of Laurel Road Bank – Crain’s Cleveland Business” on January 17, 2019. More interesting news about KeyCorp (NYSE:KEY) were released by: Globenewswire.com and their article: “Branding Becomes Key as CBD is Expected to Overtake the Cannabis Market – GlobeNewswire” published on February 08, 2019 as well as Seekingalpha.com‘s news article titled: “General Motors: Key Comment From Mary Barra – Seeking Alpha” with publication date: February 07, 2019.

Investors sentiment increased to 1.04 in 2018 Q3. Its up 0.15, from 0.89 in 2018Q2. It increased, as 32 investors sold KEY shares while 214 reduced holdings. 79 funds opened positions while 176 raised stakes. 792.69 million shares or 1.45% less from 804.34 million shares in 2018Q2 were reported. Carret Asset Management Lc invested 0.11% in KeyCorp (NYSE:KEY). California State Teachers Retirement invested 0.07% of its portfolio in KeyCorp (NYSE:KEY). Girard Ptnrs Limited invested in 0% or 1,000 shares. Raymond James Tru Na holds 0.02% or 20,479 shares. 48,541 were reported by Ls Inv Advsr Ltd Liability Co. Baystate Wealth Mgmt Ltd Liability Com owns 0% invested in KeyCorp (NYSE:KEY) for 848 shares. Fincl Bank Of America De stated it has 14.19 million shares or 0.04% of all its holdings. Blair William Il owns 29,627 shares. 122,000 are owned by Bp Pcl. Wellington Management Grp Incorporated Ltd Liability Partnership holds 0.04% of its portfolio in KeyCorp (NYSE:KEY) for 8.55 million shares. Atwood Palmer reported 0% in KeyCorp (NYSE:KEY). Louisiana State Employees Retirement Systems has invested 0.05% in KeyCorp (NYSE:KEY). Tarbox Family Office Inc accumulated 254 shares. Cibc World Markets owns 100,681 shares for 0.01% of their portfolio. Aperio Group Ltd Limited Liability Company owns 0.07% invested in KeyCorp (NYSE:KEY) for 839,386 shares.

Elizabeth Park Capital Advisors Ltd, which manages about $166.10 million and $359.89M US Long portfolio, decreased its stake in Zions Bancorporation (NASDAQ:ZION) by 238,017 shares to 73,856 shares, valued at $3.70 million in 2018Q3, according to the filing. It also reduced its holding in Connectone Bancorp Inc New (NASDAQ:CNOB) by 346,671 shares in the quarter, leaving it with 17,992 shares, and cut its stake in United Cmnty Finl Corp Ohio (NASDAQ:UCFC).

KeyCorp (NYSE:KEY) Institutional Positions Chart

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