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As Abm Inds (ABM) Shares Declined, Holder Vaughan Nelson Investment Management LP Decreased Its Position; As Keycorp New (KEY) Market Value Declined, Tegean Capital Management Has Increased Its Holding

ABM Industries Incorporated (NYSE:ABM) Logo

Thomas G. Maheras increased its stake in Keycorp New (KEY) by 4.35% based on its latest 2018Q1 regulatory filing with the SEC. Tegean Capital Management Llc bought 25,000 shares as the company’s stock declined 5.38% with the market. The hedge fund run by Thomas G. Maheras held 600,000 shares of the major banks company at the end of 2018Q1, valued at $11.73M, up from 575,000 at the end of the previous reported quarter. Tegean Capital Management Llc who had been investing in Keycorp New for a number of months, seems to be bullish on the $21.95B market cap company. The stock increased 0.15% or $0.03 during the last trading session, reaching $20.67. About 13.49M shares traded or 48.18% up from the average. KeyCorp (NYSE:KEY) has risen 10.47% since June 14, 2017 and is uptrending. It has underperformed by 2.10% the S&P500. Some Historical KEY News: 22/05/2018 – Systemax Presenting at KeyCorp Conference May 31; 25/05/2018 – Casella Waste Presenting at KeyCorp Conference May 31; 19/04/2018 – KEYCORP – “EXPECT TO MOVE TOWARDS HIGH END OF LONG-TERM EFFICIENCY RATIO TARGET OF 54%-56% BY THE END OF THIS YEAR” – CONF CALL; 30/05/2018 – Ryder Presenting at KeyCorp Conference Tomorrow; 09/05/2018 – KEYCORP – CASH DIVIDEND OF $0.12 PER COMMON SHARE REPRESENTS A 14% INCREASE; 19/04/2018 – KEYCORP – AT QTR-END, TIER 1 RISK-BASED CAPITAL RATIO WAS 10.84 PCT; 12/03/2018 – DiamondRock Names Jay Johnson New Executive Vice President & Chief Financial Officer; 29/03/2018 – KeyBank Enters Into Agreement to Sell Key Insurance & Benefits Services, Inc. to USI Insurance Services; 01/05/2018 – Ryder Presenting at KeyCorp Conference May 31; 29/05/2018 – KBR Presenting at KeyCorp Conference Tomorrow

Vaughan Nelson Investment Management Lp decreased its stake in Abm Inds Inc (ABM) by 5.51% based on its latest 2018Q1 regulatory filing with the SEC. Vaughan Nelson Investment Management Lp sold 79,868 shares as the company’s stock declined 21.23% with the market. The institutional investor held 1.37 million shares of the diversified commercial services company at the end of 2018Q1, valued at $45.82M, down from 1.45 million at the end of the previous reported quarter. Vaughan Nelson Investment Management Lp who had been investing in Abm Inds Inc for a number of months, seems to be less bullish one the $2.05B market cap company. The stock increased 0.06% or $0.02 during the last trading session, reaching $31.11. About 2.09 million shares traded or 133.66% up from the average. ABM Industries Incorporated (NYSE:ABM) has declined 30.90% since June 14, 2017 and is downtrending. It has underperformed by 43.47% the S&P500. Some Historical ABM News: 06/03/2018 – ABM Industries 1Q Adj EPS 26c; 16/03/2018 – SPAREBANKEN VEST SVEG.OL SAYS LOAN WILL BE SOUGHT LISTED ON NORDIC ABM; 13/03/2018 – Oklahoma State University Teams Up with ABM for Athletic Facilities’ Maintenance; 14/03/2018 – ABM Industries Announces Sale of Common Stk by Existing Hldrs; 27/03/2018 – ABM SOLID SA W UPADLOSCI UKLADOWEJ ABMP.WA – FY REVENUE 58.0 MLN ZLOTYS VS 51.5 MLN ZLOTYS YR AGO; 06/03/2018 – ABM Industries 1Q Rev $1.59B; 18/04/2018 – Deprince Race & Zollo Buys New 1.1% Position in ABM Industries; 15/05/2018 – Marshall Wace North America Buys 1.1% of ABM Industries; 12/04/2018 – Demandbase Extends ABM Collaboration with Salesforce Pardot; 29/03/2018 – ABM Selected as Preferred Partner and Awarded Janitorial Services Contract at LaGuardia Airport’s Terminal B

Among 34 analysts covering Keycorp (NYSE:KEY), 22 have Buy rating, 2 Sell and 10 Hold. Therefore 65% are positive. Keycorp had 113 analyst reports since July 20, 2015 according to SRatingsIntel. Citigroup upgraded the shares of KEY in report on Monday, November 2 to “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Monday, December 18. Wood upgraded KeyCorp (NYSE:KEY) on Tuesday, July 11 to “Outperform” rating. The firm has “Hold” rating by Robert W. Baird given on Tuesday, September 5. RBC Capital Markets maintained KeyCorp (NYSE:KEY) on Thursday, June 22 with “Buy” rating. The firm earned “Positive” rating on Thursday, November 5 by Susquehanna. Goldman Sachs upgraded the stock to “Buy” rating in Monday, January 11 report. The firm has “Buy” rating given on Thursday, July 20 by DA Davidson. Nomura maintained the stock with “Buy” rating in Monday, April 24 report. The firm has “Buy” rating given on Friday, September 15 by Jefferies.

Investors sentiment increased to 1.04 in 2018 Q1. Its up 0.08, from 0.96 in 2017Q4. It is positive, as 34 investors sold KEY shares while 219 reduced holdings. 74 funds opened positions while 190 raised stakes. 822.67 million shares or 1.60% less from 836.01 million shares in 2017Q4 were reported. Putnam Invs Lc invested in 0.22% or 4.89 million shares. Moreover, Carnegie Capital Asset Ltd has 0.02% invested in KeyCorp (NYSE:KEY). New Jersey Better Educational Savings has invested 0.39% in KeyCorp (NYSE:KEY). Stoneridge Invest Prns Ltd Liability invested in 223,876 shares or 0.73% of the stock. Navellier Assocs stated it has 0.04% of its portfolio in KeyCorp (NYSE:KEY). Bank Of Nova Scotia reported 0.01% in KeyCorp (NYSE:KEY). 1.39 million were accumulated by Neuberger Berman Limited Company. Spirit Of America Mngmt Corp holds 32,125 shares or 0.08% of its portfolio. The Florida-based Raymond James And has invested 0.03% in KeyCorp (NYSE:KEY). Cetera Advisors Limited Liability holds 0.03% in KeyCorp (NYSE:KEY) or 26,704 shares. Advsrs Asset Management holds 129,112 shares. Srb holds 9,952 shares or 0.02% of its portfolio. Parallax Volatility Advisers Lp holds 0% of its portfolio in KeyCorp (NYSE:KEY) for 45,329 shares. 12.26M were reported by Lsv Asset. Harvey Capital reported 144,450 shares.

Since January 22, 2018, it had 1 insider buy, and 5 sales for $2.65 million activity. Gorman Christopher M. also sold $1.18 million worth of KeyCorp (NYSE:KEY) shares. Midkiff Mark W bought $9,998 worth of KeyCorp (NYSE:KEY) on Monday, January 29. Burke Edward J. sold $198,300 worth of KeyCorp (NYSE:KEY) on Tuesday, May 8. 11,819 shares were sold by Buffie Craig A, worth $250,639 on Monday, January 22. Brady Amy G. also sold $504,444 worth of KeyCorp (NYSE:KEY) on Tuesday, May 15.

Among 4 analysts covering ABM Industries (NYSE:ABM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ABM Industries had 17 analyst reports since August 31, 2015 according to SRatingsIntel. Robert W. Baird maintained ABM Industries Incorporated (NYSE:ABM) rating on Thursday, July 13. Robert W. Baird has “Outperform” rating and $47 target. The rating was downgraded by Zacks on Monday, August 31 to “Buy”. As per Monday, October 2, the company rating was maintained by Robert W. Baird. The stock of ABM Industries Incorporated (NYSE:ABM) has “Buy” rating given on Thursday, December 14 by Robert W. Baird. The stock of ABM Industries Incorporated (NYSE:ABM) earned “Outperform” rating by Robert W. Baird on Thursday, March 8. Robert W. Baird downgraded the stock to “Neutral” rating in Tuesday, December 6 report. Imperial Capital maintained ABM Industries Incorporated (NYSE:ABM) rating on Wednesday, January 4. Imperial Capital has “In-Line” rating and $43 target. The rating was downgraded by Sidoti to “Neutral” on Wednesday, November 16. The firm has “Outperform” rating given on Thursday, March 9 by Robert W. Baird. The stock of ABM Industries Incorporated (NYSE:ABM) has “Buy” rating given on Thursday, August 24 by Robert W. Baird.

More notable recent ABM Industries Incorporated (NYSE:ABM) news were published by: Fool.com which released: “Why Shares of ABM Industries, Inc. Jumped 13% Today” on June 07, 2018, also Globenewswire.com with their article: “ABM Industries to Announce Second Quarter 2018 Earnings Results” published on May 23, 2018, Seekingalpha.com published: “ABM Industries Incorporated (ABM) CEO Scott Salmirs on Q2 2018 Results – Earnings Call Transcript” on June 07, 2018. More interesting news about ABM Industries Incorporated (NYSE:ABM) were released by: Globenewswire.com and their article: “ABM Industries to Present at the Stifel 2018 Cross Sector Insight Conference on June 11” published on May 29, 2018 as well as Nasdaq.com‘s news article titled: “ABM Franchising Group Support Department Honored as Bronze Stevie® Award Winner at 2018 American Business …” with publication date: June 14, 2018.

Since January 10, 2018, it had 0 buys, and 1 sale for $81,789 activity.

Investors sentiment increased to 1.57 in 2018 Q1. Its up 0.28, from 1.29 in 2017Q4. It is positive, as 15 investors sold ABM shares while 45 reduced holdings. 31 funds opened positions while 63 raised stakes. 60.07 million shares or 2.97% less from 61.91 million shares in 2017Q4 were reported. 1.37M are owned by Vaughan Nelson Investment L P. Eaton Vance Mngmt, a Massachusetts-based fund reported 113,808 shares. 35,759 were reported by Amer Int Gp. Assetmark holds 0% of its portfolio in ABM Industries Incorporated (NYSE:ABM) for 3 shares. Whittier holds 0.04% of its portfolio in ABM Industries Incorporated (NYSE:ABM) for 31,316 shares. Sandy Spring Comml Bank accumulated 400 shares. Fmr Ltd Limited Liability Company owns 2.07M shares. Dalton Greiner Hartman Maher & Co has invested 1.8% of its portfolio in ABM Industries Incorporated (NYSE:ABM). 6,629 were reported by Jane Street Group Ltd Com. Royal Bancorp Of Canada invested 0% of its portfolio in ABM Industries Incorporated (NYSE:ABM). Verition Fund Limited has 13,355 shares for 0.03% of their portfolio. Jfs Wealth Advsrs Llc holds 0% of its portfolio in ABM Industries Incorporated (NYSE:ABM) for 13 shares. Millennium Management Lc holds 0% or 23,441 shares in its portfolio. Vanguard Group reported 6.74M shares stake. Quantitative Systematic Strategies Ltd Liability holds 0.27% or 37,698 shares in its portfolio.

KeyCorp (NYSE:KEY) Institutional Positions Chart

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