Boston Partners boosted its holdings in shares of Korn/Ferry International (NYSE:KFY) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 504,023 shares of the business services provider’s stock after buying an additional 16,620 shares during the period. Boston Partners owned approximately 0.89% of Korn/Ferry International worth $19,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of KFY. Bank of Montreal Can boosted its stake in shares of Korn/Ferry International by 1.7% in the second quarter. Bank of Montreal Can now owns 3,166 shares of the business services provider’s stock worth $110,000 after buying an additional 52 shares during the last quarter. Riverhead Capital Management LLC boosted its position in Korn/Ferry International by 80.5% during the second quarter. Riverhead Capital Management LLC now owns 3,430 shares of the business services provider’s stock worth $118,000 after purchasing an additional 1,530 shares in the last quarter. SG Americas Securities LLC boosted its position in Korn/Ferry International by 26.7% during the second quarter. SG Americas Securities LLC now owns 4,161 shares of the business services provider’s stock worth $144,000 after purchasing an additional 878 shares in the last quarter. OLD National Bancorp IN purchased a new position in Korn/Ferry International during the third quarter worth approximately $208,000. Finally, First Quadrant L P CA purchased a new position in Korn/Ferry International during the third quarter worth approximately $212,000. Institutional investors and hedge funds own 85.87% of the company’s stock.
A number of brokerages have commented on KFY. Robert W. Baird reissued a “hold” rating and set a $37.00 target price on shares of Korn/Ferry International in a report on Friday. Zacks Investment Research raised Korn/Ferry International from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a report on Wednesday, November 8th. SunTrust Banks, Inc. reissued a “buy” rating and set a $42.00 target price on shares of Korn/Ferry International in a report on Friday, October 20th. Deutsche Bank AG increased their target price on Korn/Ferry International from $34.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Finally, BidaskClub cut Korn/Ferry International from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $41.80.
Korn/Ferry International (NYSE:KFY) opened at $42.42 on Tuesday. Korn/Ferry International has a 52-week low of $22.51 and a 52-week high of $42.62. The company has a market capitalization of $2,357.43, a price-to-earnings ratio of 18.22 and a beta of 1.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.13 and a current ratio of 2.13.
Korn/Ferry International (NYSE:KFY) last released its earnings results on Wednesday, September 6th. The business services provider reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.02. The firm had revenue of $401.25 million during the quarter, compared to analyst estimates of $392.91 million. Korn/Ferry International had a return on equity of 12.03% and a net margin of 6.69%. Korn/Ferry International’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business posted $0.52 earnings per share. equities research analysts predict that Korn/Ferry International will post 2.45 EPS for the current year.
In other news, CFO Robert P. Rozek sold 12,000 shares of Korn/Ferry International stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $40.04, for a total transaction of $480,480.00. Following the sale, the chief financial officer now owns 93,522 shares in the company, valued at $3,744,620.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jerry Leamon sold 8,000 shares of Korn/Ferry International stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $40.06, for a total value of $320,480.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,000 shares of company stock worth $2,801,960. 1.01% of the stock is owned by insiders.
Korn/Ferry International Company Profile
Korn/Ferry International (Korn Ferry) is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services.
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