Boston Partners lifted its position in Key Energy Services, Inc. (NYSE:KEG) by 26.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 215,297 shares of the oil and gas company’s stock after purchasing an additional 45,025 shares during the period. Boston Partners’ holdings in Key Energy Services were worth $2,538,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Nationwide Fund Advisors acquired a new stake in shares of Key Energy Services in the second quarter worth $108,000. The Manufacturers Life Insurance Company lifted its stake in shares of Key Energy Services by 46,163.6% in the second quarter. The Manufacturers Life Insurance Company now owns 10,178 shares of the oil and gas company’s stock worth $195,000 after buying an additional 10,156 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Key Energy Services in the second quarter worth $212,000. Swiss National Bank acquired a new stake in shares of Key Energy Services in the second quarter worth $258,000. Finally, Schwab Charles Investment Management Inc. acquired a new stake in shares of Key Energy Services in the second quarter worth $339,000. Institutional investors and hedge funds own 49.33% of the company’s stock.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Key Energy Services from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Seaport Global Securities raised shares of Key Energy Services from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 20th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Key Energy Services presently has a consensus rating of “Hold” and a consensus price target of $17.67.

Key Energy Services, Inc. (KEG) opened at $12.43 on Thursday. Key Energy Services, Inc. has a 52-week low of $8.20 and a 52-week high of $34.00.

In related news, COO David J. Brunnert sold 2,868 shares of the business’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $15.00, for a total transaction of $43,020.00. Following the transaction, the chief operating officer now owns 70,042 shares of the company’s stock, valued at $1,050,630. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Katherine Hargis sold 6,092 shares of the business’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $15.00, for a total transaction of $91,380.00. Following the transaction, the senior vice president now directly owns 37,381 shares in the company, valued at approximately $560,715. The disclosure for this sale can be found here. Insiders have sold 13,888 shares of company stock worth $199,245 in the last ninety days.

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About Key Energy Services

Key Energy Services, Inc is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies, foreign national oil companies, and independent oil and natural gas production companies. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International.

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Institutional Ownership by Quarter for Key Energy Services (NYSE:KEG)

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