Fieldview Capital Management LLC Purchases New Position in Korn/Ferry International $KFY

Fieldview Capital Management LLC purchased a new stake in Korn/Ferry International (NYSE:KFYFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,032 shares of the business services provider’s stock, valued at approximately $464,000.

A number of other institutional investors have also recently made changes to their positions in KFY. Wellington Management Group LLP lifted its holdings in shares of Korn/Ferry International by 48.3% in the 3rd quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock valued at $243,221,000 after acquiring an additional 1,132,473 shares during the last quarter. Norges Bank bought a new stake in shares of Korn/Ferry International in the 4th quarter worth about $43,163,000. Adage Capital Partners GP L.L.C. bought a new stake in shares of Korn/Ferry International in the 2nd quarter worth about $32,559,000. Boston Partners bought a new stake in shares of Korn/Ferry International in the 4th quarter worth about $26,081,000. Finally, Bank of America Corp DE lifted its holdings in shares of Korn/Ferry International by 68.4% in the 2nd quarter. Bank of America Corp DE now owns 665,145 shares of the business services provider’s stock worth $48,775,000 after acquiring an additional 270,256 shares during the last quarter. Institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Stock Down 2.5%

Shares of NYSE KFY opened at $71.38 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market cap of $3.70 billion, a P/E ratio of 14.11 and a beta of 1.21. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $78.50. The firm has a 50-day simple moving average of $67.24 and a two-hundred day simple moving average of $65.95.

Wall Street Analyst Weigh In

Several analysts have issued reports on KFY shares. UBS Group raised their price objective on shares of Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings raised shares of Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Truist Financial raised their price objective on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.67.

Read Our Latest Stock Report on Korn/Ferry International

Korn/Ferry International Company Profile

(Free Report)

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.

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Institutional Ownership by Quarter for Korn/Ferry International (NYSE:KFY)

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