GSA Capital Partners LLP lifted its stake in shares of Korn/Ferry International (NYSE:KFY) by 123.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,496 shares of the business services provider’s stock after acquiring an additional 30,689 shares during the period. GSA Capital Partners LLP owned 0.10% of Korn/Ferry International worth $2,188,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can raised its holdings in shares of Korn/Ferry International by 1.7% during the 2nd quarter. Bank of Montreal Can now owns 3,166 shares of the business services provider’s stock worth $110,000 after acquiring an additional 52 shares during the period. Hanseatic Management Services Inc. raised its holdings in shares of Korn/Ferry International by 1.1% during the 2nd quarter. Hanseatic Management Services Inc. now owns 7,129 shares of the business services provider’s stock worth $246,000 after acquiring an additional 81 shares during the period. SG Americas Securities LLC raised its holdings in shares of Korn/Ferry International by 26.7% during the 2nd quarter. SG Americas Securities LLC now owns 4,161 shares of the business services provider’s stock worth $144,000 after acquiring an additional 878 shares during the period. Kornitzer Capital Management Inc. KS raised its holdings in shares of Korn/Ferry International by 0.6% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 197,700 shares of the business services provider’s stock worth $7,795,000 after acquiring an additional 1,255 shares during the period. Finally, Riverhead Capital Management LLC raised its holdings in shares of Korn/Ferry International by 80.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,430 shares of the business services provider’s stock worth $118,000 after acquiring an additional 1,530 shares during the period. Institutional investors and hedge funds own 86.20% of the company’s stock.

Several research analysts have recently commented on the company. Zacks Investment Research lowered Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Friday, December 8th. Robert W. Baird reiterated a “hold” rating and set a $37.00 price target on shares of Korn/Ferry International in a report on Friday, November 10th. SunTrust Banks lifted their price target on Korn/Ferry International from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, September 7th. Deutsche Bank lifted their price target on Korn/Ferry International from $34.00 to $40.00 and gave the stock a “hold” rating in a report on Thursday, September 7th. Finally, ValuEngine lowered Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $43.40.

In related news, CFO Robert P. Rozek sold 12,000 shares of the business’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $40.04, for a total value of $480,480.00. Following the sale, the chief financial officer now directly owns 93,522 shares in the company, valued at approximately $3,744,620.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jerry Leamon sold 8,000 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $40.06, for a total transaction of $320,480.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,000 shares of company stock worth $2,801,960. 1.01% of the stock is owned by insiders.

Shares of Korn/Ferry International (KFY) opened at $42.01 on Friday. The stock has a market cap of $2,281.99, a PE ratio of 17.04 and a beta of 1.35. Korn/Ferry International has a fifty-two week low of $27.47 and a fifty-two week high of $44.08. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 2.13.

Korn/Ferry International (NYSE:KFY) last issued 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. The firm had revenue of $443.02 million for the quarter, compared to analyst estimates of $424.09 million. Korn/Ferry International had a net margin of 6.90% and a return on equity of 12.15%. Korn/Ferry International’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.59 EPS. equities analysts predict that Korn/Ferry International will post 2.49 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Wednesday, December 20th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 19th. This represents a $0.40 annualized dividend and a yield of 0.95%. Korn/Ferry International’s dividend payout ratio (DPR) is currently 19.61%.

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Korn/Ferry International 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.

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

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