Yousif Capital Management LLC Has $1.31 Million Stock Holdings in Korn/Ferry International (NYSE:KFY)

Yousif Capital Management LLC decreased its holdings in shares of Korn/Ferry International (NYSE:KFY) by 2.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,296 shares of the business services provider’s stock after selling 556 shares during the quarter. Yousif Capital Management LLC’s holdings in Korn/Ferry International were worth $1,309,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Arizona State Retirement System lifted its holdings in Korn/Ferry International by 1.2% during the 4th quarter. Arizona State Retirement System now owns 15,094 shares of the business services provider’s stock worth $1,018,000 after purchasing an additional 176 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Korn/Ferry International by 75.9% during the 1st quarter. Versant Capital Management Inc now owns 517 shares of the business services provider’s stock worth $35,000 after purchasing an additional 223 shares during the last quarter. Summit Investment Advisors Inc. lifted its holdings in shares of Korn/Ferry International by 4.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,432 shares of the business services provider’s stock worth $366,000 after buying an additional 225 shares in the last quarter. Savant Capital LLC raised its stake in Korn/Ferry International by 7.4% in the 4th quarter. Savant Capital LLC now owns 3,629 shares of the business services provider’s stock worth $245,000 after purchasing an additional 249 shares in the last quarter. Finally, Heritage Family Offices LLP raised its position in shares of Korn/Ferry International by 6.6% in the first quarter. Heritage Family Offices LLP now owns 4,113 shares of the business services provider’s stock valued at $279,000 after buying an additional 253 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on KFY. Wall Street Zen raised Korn/Ferry International from a “buy” rating to a “strong-buy” rating in a report on Sunday. UBS Group dropped their price objective on Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating for the company in a report on Tuesday, May 27th. Finally, Truist Financial dropped their price target on Korn/Ferry International from $84.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th.

Korn/Ferry International Trading Down 1.3%

Shares of KFY stock opened at $66.73 on Wednesday. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 14.35 and a beta of 1.42. The stock has a 50-day moving average of $65.82 and a 200-day moving average of $67.15. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.22. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.64.

About Korn/Ferry International

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.