Pacer Advisors Inc. lessened its place in Korn Ferry (NYSE:KFY – Free Report) by 7.1% through the first quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities & Change Fee. The fund owned 483,388 shares of the enterprise providers supplier’s inventory after promoting 37,169 shares through the quarter. Pacer Advisors Inc. owned 0.92% of Korn Ferry price $25,010,000 as of its most up-to-date submitting with the Securities & Change Fee.
A variety of different institutional buyers have additionally added to or decreased their stakes within the firm. Jackson Creek Funding Advisors LLC purchased a brand new place in Korn Ferry through the first quarter valued at roughly $818,000. Olstein Capital Administration L.P. bought a brand new place in Korn Ferry within the 1st quarter price $5,950,000. Texas Everlasting College Fund Corp lifted its stake in Korn Ferry by 31.7% within the first quarter. Texas Everlasting College Fund Corp now owns 47,270 shares of the enterprise providers supplier’s inventory price $2,446,000 after buying an extra 11,383 shares over the last quarter. Janney Montgomery Scott LLC lifted its stake in Korn Ferry by 21.3% within the first quarter. Janney Montgomery Scott LLC now owns 12,198 shares of the enterprise providers supplier’s inventory price $631,000 after buying an extra 2,140 shares over the last quarter. Lastly, Stratos Wealth Advisors LLC bought a brand new stake in Korn Ferry through the first quarter valued at about $896,000. Institutional buyers personal 92.93% of the corporate’s inventory.
Korn Ferry Inventory Down 1.6 %
NYSE KFY opened at $53.07 on Friday. Korn Ferry has a 1 12 months low of $44.69 and a 1 12 months excessive of $66.65. The inventory has a market capitalization of $2.77 billion, a PE ratio of 13.44 and a beta of 1.49. The corporate has a debt-to-equity ratio of 0.24, a present ratio of 1.68 and a fast ratio of 1.68. The enterprise’s 50-day shifting common is $50.14 and its 200 day shifting common is $51.60.
Korn Ferry (NYSE:KFY – Get Free Report) final issued its quarterly earnings information on Tuesday, June twenty seventh. The enterprise providers supplier reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.01. The agency had income of $730.90 million for the quarter, in comparison with analyst estimates of $699.83 million. Korn Ferry had a return on fairness of 16.33% and a internet margin of seven.32%. The enterprise’s quarterly income was up 1.4% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the corporate earned $1.75 EPS. Promote-side analysts forecast that Korn Ferry will put up 3.66 earnings per share for the present 12 months.
Korn Ferry Will increase Dividend
The enterprise additionally just lately introduced a quarterly dividend, which shall be paid on Monday, July thirty first. Stockholders of report on Friday, July seventh shall be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.36%. This can be a enhance from Korn Ferry’s earlier quarterly dividend of $0.15. The ex-dividend date of this dividend is Thursday, July sixth. Korn Ferry’s dividend payout ratio (DPR) is at the moment 18.23%.
Analyst Upgrades and Downgrades
A number of analysis companies have just lately commented on KFY. The Goldman Sachs Group decreased their worth goal on Korn Ferry from $72.00 to $64.00 and set a “purchase” score on the inventory in a report on Tuesday, April eleventh. Truist Monetary reiterated a “purchase” score and issued a $65.00 worth goal on shares of Korn Ferry in a analysis report on Friday, July 14th. Lastly, StockNews.com lowered Korn Ferry from a “purchase” score to a “maintain” score in a analysis notice on Wednesday, June twenty eighth. Two analysis analysts have rated the inventory with a maintain score and three have assigned a purchase score to the corporate’s inventory. Primarily based on information from MarketBeat.com, the corporate presently has a median score of “Reasonable Purchase” and a consensus goal worth of $62.67.
Korn Ferry Profile
(Free Report)
Korn Ferry, along with its subsidiaries, gives organizational consulting providers worldwide. It operates by way of 4 segments: Consulting, Digital, Government Search, and Recruitment Course of Outsourcing (RPO) & Skilled Search. The corporate gives government search providers to recruit board degree, chief government, different senior government, and basic administration expertise of organizations.
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