2 weeks Ago By ABMN Staff
Vanguard Personalized Indexing Management LLC cut its stake in shares of Korn Ferry ( NYSE:KFY – Free Report ) by 12.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,251 shares of the business services provider’s stock after selling 743 shares during the period.
Vanguard Personalized Indexing Management LLC’s holdings in Korn Ferry were worth $353,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Quest Partners LLC purchased a new position in shares of Korn Ferry during the fourth quarter valued at $29,000.
CWM LLC grew its holdings in shares of Korn Ferry by 97.3% during the second quarter. CWM LLC now owns 890 shares of the business services provider’s stock valued at $60,000 after buying an additional 439 shares in the last quarter.
GAMMA Investing LLC grew its holdings in shares of Korn Ferry by 40.1% during the first quarter. GAMMA Investing LLC now owns 1,086 shares of the business services provider’s stock valued at $71,000 after buying an additional 311 shares in the last quarter.
Innealta Capital LLC purchased a new position in shares of Korn Ferry during the second quarter valued at $101,000. Finally, Bessemer Group Inc. grew its holdings in shares of Korn Ferry by 40.
1% during the first quarter. Bessemer Group Inc. now owns 2,387 shares of the business services provider’s stock valued at $157,000 after buying an additional 683 shares in the last quarter.
98.82% of the stock is owned by institutional investors and hedge funds. Korn Ferry Trading Up 0.
5 % KFY stock opened at $73.40 on Friday. The business has a fifty day moving average price of $70.
85 and a 200 day moving average price of $66.99. Korn Ferry has a fifty-two week low of $44.
45 and a fifty-two week high of $76.63. The stock has a market capitalization of $3.
80 billion, a price-to-earnings ratio of 22.80 and a beta of 1.54.
The company has a debt-to-equity ratio of 0.23, a current ratio of 2.15 and a quick ratio of 2.
15. Korn Ferry Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Thursday, September 19th will be issued a dividend of $0.
37 per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $1.
48 dividend on an annualized basis and a yield of 2.02%. Korn Ferry’s dividend payout ratio is 45.
96%. Analyst Ratings Changes A number of research analysts have recently weighed in on the company. UBS Group lifted their price target on Korn Ferry from $66.
00 to $68.00 and gave the company a “neutral” rating in a report on Friday, June 7th. Truist Financial restated a “buy” rating and issued a $78.
00 target price (up previously from $74.00) on shares of Korn Ferry in a research note on Friday, June 14th. StockNews.
com upgraded Korn Ferry from a “hold” rating to a “buy” rating in a research note on Thursday, June 20th. Finally, Robert W. Baird boosted their target price on Korn Ferry from $72.
00 to $79.00 and gave the company an “outperform” rating in a research note on Friday, June 14th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock.
According to data from MarketBeat.com, Korn Ferry has an average rating of “Moderate Buy” and an average price target of $75.00.
View Our Latest Research Report on Korn Ferry Insider Activity at Korn Ferry In related news, CFO Robert P. Rozek sold 20,921 shares of the firm’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $75.
53, for a total transaction of $1,580,163.13. Following the completion of the sale, the chief financial officer now directly owns 154,535 shares of the company’s stock, valued at approximately $11,672,028.
55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . In other news, insider Michael Distefano sold 5,000 shares of Korn Ferry stock in a transaction on Monday, September 23rd.
The stock was sold at an average price of $72.36, for a total value of $361,800.00.
Following the completion of the sale, the insider now directly owns 50,954 shares of the company’s stock, valued at approximately $3,687,031.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link .
Also, CFO Robert P. Rozek sold 20,921 shares of Korn Ferry stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $75.
53, for a total value of $1,580,163.13. Following the completion of the sale, the chief financial officer now directly owns 154,535 shares of the company’s stock, valued at $11,672,028.
55. The disclosure for this sale can be found here . Insiders own 1.
50% of the company’s stock. Korn Ferry Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding KFY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Korn Ferry ( NYSE:KFY – Free Report ).
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