Wall Street Zen Upgrades Korn/Ferry International (NYSE:KFY) to Strong-Buy

Wall Street Zen upgraded shares of Korn/Ferry International (NYSE:KFY) from a buy rating to a strong-buy rating in a research note issued to investors on Sunday.

KFY has been the topic of several other reports. Truist Financial dropped their price target on Korn/Ferry International from $84.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, April 15th. UBS Group dropped their price target on Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 27th.

Korn/Ferry International Stock Performance

Shares of KFY stock opened at $66.73 on Friday. Korn/Ferry International has a one year low of $59.23 and a one year high of $80.64. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.90 and a quick ratio of 1.90. The business’s 50 day simple moving average is $65.82 and its 200 day simple moving average is $67.15. The stock has a market capitalization of $3.44 billion, a PE ratio of 14.35 and a beta of 1.42.

Hedge Funds Weigh In On Korn/Ferry International

A number of institutional investors have recently modified their holdings of the company. Arizona State Retirement System raised its position in shares of Korn/Ferry International by 1.2% during the fourth quarter. Arizona State Retirement System now owns 15,094 shares of the business services provider’s stock worth $1,018,000 after purchasing an additional 176 shares during the period. Xponance Inc. raised its position in shares of Korn/Ferry International by 3.8% during the first quarter. Xponance Inc. now owns 5,004 shares of the business services provider’s stock worth $339,000 after purchasing an additional 184 shares during the period. Hohimer Wealth Management LLC raised its position in shares of Korn/Ferry International by 5.8% during the first quarter. Hohimer Wealth Management LLC now owns 3,439 shares of the business services provider’s stock worth $233,000 after purchasing an additional 188 shares during the period. GAMMA Investing LLC raised its position in shares of Korn/Ferry International by 11.4% during the first quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider’s stock worth $131,000 after purchasing an additional 199 shares during the period. Finally, Versant Capital Management Inc raised its position in shares of Korn/Ferry International by 75.9% during the first quarter. Versant Capital Management Inc now owns 517 shares of the business services provider’s stock worth $35,000 after purchasing an additional 223 shares during the period. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Company Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.