Korn Ferry (NYSE:KFY) Shares Sold by First National Bank of Omaha

First National Bank of Omaha trimmed its holdings in shares of Korn Ferry (NYSE:KFYGet Rating) by 26.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,137 shares of the business services provider’s stock after selling 4,675 shares during the period. First National Bank of Omaha’s holdings in Korn Ferry were worth $853,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KFY. Van Hulzen Asset Management LLC grew its holdings in Korn Ferry by 15.9% during the first quarter. Van Hulzen Asset Management LLC now owns 5,238 shares of the business services provider’s stock worth $340,000 after acquiring an additional 719 shares during the period. Advisors Asset Management Inc. grew its holdings in Korn Ferry by 55.2% during the first quarter. Advisors Asset Management Inc. now owns 945 shares of the business services provider’s stock worth $61,000 after acquiring an additional 336 shares during the period. Kiwi Wealth Investments Limited Partnership grew its holdings in Korn Ferry by 158.9% during the first quarter. Kiwi Wealth Investments Limited Partnership now owns 23,289 shares of the business services provider’s stock worth $1,512,000 after acquiring an additional 14,293 shares during the period. Point72 Hong Kong Ltd grew its holdings in Korn Ferry by 14.8% during the first quarter. Point72 Hong Kong Ltd now owns 2,629 shares of the business services provider’s stock worth $171,000 after acquiring an additional 338 shares during the period. Finally, Quantbot Technologies LP grew its holdings in Korn Ferry by 7,876.8% during the first quarter. Quantbot Technologies LP now owns 6,541 shares of the business services provider’s stock worth $424,000 after acquiring an additional 6,459 shares during the period. 94.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Truist Financial lowered their target price on Korn Ferry from $98.00 to $75.00 and set a “buy” rating on the stock in a report on Friday, June 17th. The Goldman Sachs Group dropped their price target on Korn Ferry from $83.00 to $74.00 and set a “buy” rating on the stock in a research note on Tuesday, June 7th. Robert W. Baird dropped their price target on Korn Ferry from $72.00 to $64.00 and set an “outperform” rating on the stock in a research note on Thursday, September 8th. Finally, StockNews.com cut Korn Ferry from a “buy” rating to a “hold” rating in a research note on Wednesday.

Korn Ferry Trading Down 1.7 %

Shares of NYSE KFY opened at $50.69 on Friday. Korn Ferry has a one year low of $50.66 and a one year high of $84.68. The firm has a market capitalization of $2.71 billion, a PE ratio of 8.35 and a beta of 1.41. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $61.48 and a two-hundred day moving average price of $61.50.

Korn Ferry (NYSE:KFYGet Rating) last announced its quarterly earnings data on Wednesday, September 7th. The business services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.01). Korn Ferry had a return on equity of 22.49% and a net margin of 11.92%. The business had revenue of $695.90 million for the quarter, compared to analyst estimates of $697.04 million. During the same quarter in the previous year, the business posted $1.37 earnings per share. The company’s revenue was up 18.9% compared to the same quarter last year. As a group, analysts predict that Korn Ferry will post 5.49 earnings per share for the current fiscal year.

Korn Ferry Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 23rd will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, September 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.18%. Korn Ferry’s payout ratio is presently 9.88%.

Korn Ferry Profile

(Get Rating)

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.

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

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