Atria Investments Inc Has $308,000 Stock Holdings in Korn Ferry (NYSE:KFY)

Atria Investments Inc boosted its position in Korn Ferry (NYSE:KFY) by 34.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,097 shares of the business services provider’s stock after acquiring an additional 1,049 shares during the quarter. Atria Investments Inc’s holdings in Korn Ferry were worth $308,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its position in shares of Korn Ferry by 112.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 388 shares of the business services provider’s stock worth $29,000 after buying an additional 205 shares during the last quarter. CWM LLC lifted its holdings in shares of Korn Ferry by 97.3% in the second quarter. CWM LLC now owns 890 shares of the business services provider’s stock worth $60,000 after acquiring an additional 439 shares during the last quarter. Quarry LP boosted its stake in shares of Korn Ferry by 149.1% in the 2nd quarter. Quarry LP now owns 1,380 shares of the business services provider’s stock valued at $93,000 after purchasing an additional 826 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Korn Ferry by 28.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,392 shares of the business services provider’s stock valued at $93,000 after purchasing an additional 306 shares during the last quarter. Finally, Innealta Capital LLC acquired a new position in Korn Ferry during the 2nd quarter worth approximately $101,000. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Korn Ferry Price Performance

Shares of NYSE:KFY opened at $77.44 on Friday. Korn Ferry has a one year low of $50.63 and a one year high of $80.64. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.15 and a quick ratio of 2.15. The company has a market cap of $4.03 billion, a price-to-earnings ratio of 22.12 and a beta of 1.55. The firm has a 50 day simple moving average of $73.44 and a 200 day simple moving average of $69.84.

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

Korn Ferry Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were given a dividend of $0.37 per share. The ex-dividend date was Thursday, September 19th. This represents a $1.48 annualized dividend and a yield of 1.91%. Korn Ferry’s dividend payout ratio is presently 42.29%.

Insider Buying and Selling

In related news, CEO Gary D. Burnison sold 38,726 shares of Korn Ferry stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 273,118 shares of the company’s stock, valued at $19,713,657.24. The trade was a 12.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Debra J. Perry sold 5,280 shares of the stock in a transaction that occurred 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 directly owns 46,180 shares of the company’s stock, valued at $3,384,994. This represents a 10.26 % 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 worth $6,329,320 in the last ninety days. Company insiders own 1.40% of the company’s stock.

Korn Ferry 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.