Korn Ferry (NYSE:KFY) has been given a consensus rating of “Hold” by the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $61.00.

A number of research firms have weighed in on KFY. ValuEngine cut shares of Korn Ferry from a “hold” rating to a “sell” rating in a research note on Friday, March 29th. Zacks Investment Research cut shares of Korn Ferry from a “buy” rating to a “hold” rating in a research note on Wednesday, February 6th. Finally, William Blair reaffirmed an “outperform” rating on shares of Korn Ferry in a research note on Friday, March 8th.

Shares of NYSE KFY traded up $0.14 during midday trading on Tuesday, reaching $46.95. 387,700 shares of the company were exchanged, compared to its average volume of 299,804. The stock has a market cap of $2.68 billion, a PE ratio of 17.26 and a beta of 1.29. Korn Ferry has a one year low of $37.38 and a one year high of $68.98. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.09 and a current ratio of 2.09.

Korn Ferry (NYSE:KFY) last posted its earnings results on Thursday, March 7th. The business services provider reported $0.81 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.81. The firm had revenue of $474.50 million for the quarter, compared to analysts’ expectations of $481.98 million. Korn Ferry had a net margin of 4.77% and a return on equity of 15.42%. During the same quarter in the previous year, the firm posted $0.70 earnings per share. As a group, sell-side analysts predict that Korn Ferry will post 3.34 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Tuesday, March 26th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, March 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.85%. Korn Ferry’s dividend payout ratio (DPR) is presently 14.71%.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Korn Ferry by 6.6% during the third quarter. Vanguard Group Inc. now owns 5,881,865 shares of the business services provider’s stock worth $289,622,000 after purchasing an additional 364,435 shares during the period. Vanguard Group Inc lifted its holdings in shares of Korn Ferry by 6.6% during the third quarter. Vanguard Group Inc now owns 5,881,865 shares of the business services provider’s stock worth $289,622,000 after purchasing an additional 364,435 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Korn Ferry by 3.3% during the third quarter. Bank of New York Mellon Corp now owns 1,474,428 shares of the business services provider’s stock worth $72,600,000 after purchasing an additional 47,219 shares during the period. Jennison Associates LLC lifted its holdings in shares of Korn Ferry by 6.4% during the fourth quarter. Jennison Associates LLC now owns 1,166,508 shares of the business services provider’s stock worth $46,124,000 after purchasing an additional 70,210 shares during the period. Finally, Prudential Financial Inc. lifted its holdings in shares of Korn Ferry by 199.5% during the fourth quarter. Prudential Financial Inc. now owns 874,328 shares of the business services provider’s stock worth $34,571,000 after purchasing an additional 582,378 shares during the period. Institutional investors own 91.04% of the company’s stock.

About Korn Ferry

Korn/Ferry International engages in the provision of global organizational consulting firm. It operates through the following segments: Executive Search, Hay Group, Futurestep, and Corporate. The Executive Search segment helps clients attract and hire leaders who fit in with their organization, and make it stand out.

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