Korn/Ferry International (KFY) Holdings Raised by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC raised its position in Korn/Ferry International (NYSE:KFY) by 88.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 96,149 shares of the business services provider’s stock after purchasing an additional 45,087 shares during the period. Korn/Ferry International makes up about 1.4% of Moody Aldrich Partners LLC’s investment portfolio, making the stock its 28th biggest holding. Moody Aldrich Partners LLC owned about 0.17% of Korn/Ferry International worth $4,734,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Baskin Financial Services Inc. increased its stake in Korn/Ferry International by 0.7% in the second quarter. Baskin Financial Services Inc. now owns 127,557 shares of the business services provider’s stock valued at $7,900,000 after purchasing an additional 850 shares in the last quarter. Cambria Investment Management L.P. increased its stake in Korn/Ferry International by 11.5% in the second quarter. Cambria Investment Management L.P. now owns 8,355 shares of the business services provider’s stock valued at $517,000 after purchasing an additional 864 shares in the last quarter. Advisors Preferred LLC increased its stake in Korn/Ferry International by 102.6% in the second quarter. Advisors Preferred LLC now owns 1,732 shares of the business services provider’s stock valued at $107,000 after purchasing an additional 877 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in Korn/Ferry International by 6.8% in the second quarter. Crossmark Global Holdings Inc. now owns 13,853 shares of the business services provider’s stock valued at $858,000 after purchasing an additional 880 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY increased its stake in Korn/Ferry International by 6.2% in the second quarter. Metropolitan Life Insurance Co. NY now owns 18,177 shares of the business services provider’s stock valued at $1,126,000 after purchasing an additional 1,068 shares in the last quarter. 88.10% of the stock is owned by hedge funds and other institutional investors.

Shares of KFY stock opened at $46.38 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.18. Korn/Ferry International has a 12-month low of $38.53 and a 12-month high of $68.98. The firm has a market cap of $2.50 billion, a PE ratio of 17.05 and a beta of 1.16.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data on Thursday, September 6th. The business services provider reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.07. Korn/Ferry International had a net margin of 3.51% and a return on equity of 14.26%. The company had revenue of $465.60 million during the quarter, compared to the consensus estimate of $458.24 million. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The firm’s revenue was up 16.0% compared to the same quarter last year. On average, research analysts anticipate that Korn/Ferry International will post 3.3 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 28th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Thursday, September 27th. Korn/Ferry International’s dividend payout ratio is 14.71%.

Several equities research analysts have recently issued reports on the stock. ValuEngine downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Monday, September 10th. Zacks Investment Research raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Tuesday, September 11th. Credit Suisse Group assumed coverage on shares of Korn/Ferry International in a research report on Friday, August 10th. They set an “underperform” rating and a $55.00 price objective for the company. Finally, TheStreet downgraded shares of Korn/Ferry International from an “a-” rating to a “c+” rating in a research report on Friday, September 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Korn/Ferry International has a consensus rating of “Hold” and an average target price of $61.40.

Korn/Ferry International Company Profile

Korn/Ferry International, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit market sectors.

See Also: How to Use the New Google Finance Tool

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

Receive News & Ratings for Korn/Ferry International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korn/Ferry International and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply