11,820 Shares in Korn/Ferry International (KFY) Acquired by Alpha Windward LLC

Alpha Windward LLC purchased a new stake in shares of Korn/Ferry International (NYSE:KFY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,820 shares of the business services provider’s stock, valued at approximately $489,000.

A number of other large investors also recently added to or reduced their stakes in KFY. Dimensional Fund Advisors LP grew its position in Korn/Ferry International by 8.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,575,969 shares of the business services provider’s stock valued at $158,009,000 after acquiring an additional 341,714 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Korn/Ferry International by 77.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 628,769 shares of the business services provider’s stock worth $24,793,000 after purchasing an additional 274,447 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Korn/Ferry International by 45.3% during the 3rd quarter. Principal Financial Group Inc. now owns 643,987 shares of the business services provider’s stock worth $25,393,000 after purchasing an additional 200,857 shares during the last quarter. Gotham Asset Management LLC lifted its stake in shares of Korn/Ferry International by 348.5% during the 2nd quarter. Gotham Asset Management LLC now owns 107,987 shares of the business services provider’s stock worth $3,729,000 after purchasing an additional 83,908 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Korn/Ferry International by 56.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 192,855 shares of the business services provider’s stock worth $7,717,000 after purchasing an additional 69,380 shares during the last quarter. Institutional investors own 88.68% of the company’s stock.

KFY has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Korn/Ferry International from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Wednesday, November 8th. ValuEngine lowered Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. SunTrust Banks reaffirmed a “buy” rating and set a $42.00 target price on shares of Korn/Ferry International in a report on Friday, October 20th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $45.00 target price on shares of Korn/Ferry International in a report on Thursday, December 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $43.40.

Shares of Korn/Ferry International (NYSE KFY) traded up $0.36 during midday trading on Friday, hitting $40.24. The stock had a trading volume of 361,087 shares, compared to its average volume of 296,981. Korn/Ferry International has a twelve month low of $28.54 and a twelve month high of $45.26. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. The firm has a market capitalization of $2,274.08, a PE ratio of 16.98 and a beta of 1.35.

Korn/Ferry International (NYSE:KFY) last released its earnings results on Wednesday, December 6th. The business services provider reported $0.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.03. Korn/Ferry International had a return on equity of 12.15% and a net margin of 6.90%. The firm had revenue of $443.02 million during the quarter, compared to analysts’ expectations of $424.09 million. During the same period in the previous year, the firm posted $0.59 EPS. Korn/Ferry International’s revenue for the quarter was up 10.2% on a year-over-year basis. analysts expect that Korn/Ferry International will post 2.49 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Wednesday, December 20th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 19th. This represents a $0.40 annualized dividend and a yield of 0.99%. Korn/Ferry International’s payout ratio is 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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