3,159 Shares in Korn Ferry (NYSE:KFY) Acquired by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in shares of Korn Ferry (NYSE:KFY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,159 shares of the business services provider’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Korn Ferry by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 6,354,443 shares of the business services provider’s stock valued at $417,868,000 after acquiring an additional 134,209 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Korn Ferry by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,281,186 shares of the business services provider’s stock worth $220,296,000 after buying an additional 48,993 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Korn Ferry by 0.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,383,702 shares of the business services provider’s stock valued at $90,992,000 after purchasing an additional 5,261 shares during the period. Pzena Investment Management LLC boosted its position in Korn Ferry by 24.6% during the first quarter. Pzena Investment Management LLC now owns 1,118,694 shares of the business services provider’s stock worth $73,565,000 after purchasing an additional 220,564 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in Korn Ferry by 1,846.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 886,993 shares of the business services provider’s stock valued at $59,553,000 after buying an additional 841,413 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Insiders Place Their Bets

In related news, Director Debra J. Perry sold 5,280 shares of Korn Ferry stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $73.30, for a total value of $387,024.00. Following the sale, the director now owns 46,180 shares in the company, valued at $3,384,994. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Korn Ferry news, CEO Gary D. Burnison sold 38,726 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $72.18, for a total value of $2,795,242.68. Following the completion of the transaction, the chief executive officer now owns 273,118 shares in the company, valued at approximately $19,713,657.24. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Debra J. Perry sold 5,280 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $73.30, for a total transaction of $387,024.00. Following the sale, the director now owns 46,180 shares in the company, valued at approximately $3,384,994. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 86,201 shares of company stock valued at $6,329,320 in the last quarter. Insiders own 1.50% of the company’s stock.

Korn Ferry Price Performance

Shares of NYSE:KFY opened at $69.76 on Tuesday. The stock has a market cap of $3.61 billion, a P/E ratio of 21.66 and a beta of 1.54. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average of $71.51 and a 200 day moving average of $67.84. Korn Ferry has a 12 month low of $44.45 and a 12 month high of $76.63.

Korn Ferry (NYSE:KFY) last announced its quarterly earnings data on Thursday, September 5th. The business services provider reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. The company had revenue of $682.80 million during the quarter, compared to analysts’ expectations of $663.84 million. Korn Ferry had a net margin of 6.68% and a return on equity of 13.73%. The firm’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 EPS. As a group, sell-side analysts forecast that Korn Ferry will post 4.84 EPS for the current fiscal year.

Korn Ferry Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $1.48 dividend on an annualized basis and a yield of 2.12%. Korn Ferry’s dividend payout ratio is currently 45.96%.

Korn Ferry Company Profile

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.