APG Asset Management N.V. raised its position in Korn/Ferry International (NYSE:KFY) by 196.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,100 shares of the business services provider’s stock after acquiring an additional 78,900 shares during the period. APG Asset Management N.V. owned approximately 0.21% of Korn/Ferry International worth $4,104,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. CAPROCK Group Inc. acquired a new stake in shares of Korn/Ferry International during the fourth quarter worth $208,000. OLD National Bancorp IN acquired a new position in Korn/Ferry International during the third quarter valued at $208,000. First Quadrant L P CA acquired a new position in Korn/Ferry International during the third quarter valued at $212,000. Shelton Capital Management acquired a new position in Korn/Ferry International during the third quarter valued at $218,000. Finally, FDx Advisors Inc. acquired a new position in Korn/Ferry International during the third quarter valued at $240,000. Institutional investors own 88.04% of the company’s stock.
Shares of Korn/Ferry International (NYSE KFY) opened at $40.98 on Wednesday. Korn/Ferry International has a one year low of $28.56 and a one year high of $45.26. The company has a market cap of $2,328.90, a PE ratio of 17.39 and a beta of 1.35. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94.
Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Wednesday, December 6th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.03. Korn/Ferry International had a net margin of 6.90% and a return on equity of 12.15%. The company had revenue of $443.02 million during the quarter, compared to analysts’ expectations of $424.09 million. During the same quarter in the prior year, the company earned $0.59 EPS. Korn/Ferry International’s revenue was up 10.2% compared to the same quarter last year. research analysts forecast that Korn/Ferry International will post 2.49 EPS for the current fiscal year.
A number of research analysts recently issued reports on KFY shares. Zacks Investment Research upgraded shares of Korn/Ferry International from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Wednesday, November 8th. ValuEngine cut shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $37.00 price objective on shares of Korn/Ferry International in a report on Friday, November 10th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Korn/Ferry International in a report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Korn/Ferry International presently has a consensus rating of “Hold” and an average price target of $43.40.
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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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