Korn/Ferry International $KFY Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. decreased its holdings in Korn/Ferry International (NYSE:KFY) by 22.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 703,298 shares of the business services provider’s stock after selling 198,380 shares during the quarter. Rockefeller Capital Management L.P. owned about 1.36% of Korn/Ferry International worth $46,432,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in Korn/Ferry International by 0.5% during the fourth quarter. Russell Investments Group Ltd. now owns 31,860 shares of the business services provider’s stock worth $2,103,000 after buying an additional 167 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Korn/Ferry International by 20.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the business services provider’s stock valued at $72,000 after buying an additional 175 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Korn/Ferry International by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,583 shares of the business services provider’s stock valued at $369,000 after buying an additional 178 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Korn/Ferry International by 2.9% during the 3rd quarter. Vise Technologies Inc. now owns 6,378 shares of the business services provider’s stock valued at $446,000 after acquiring an additional 179 shares during the period. Finally, Illinois Municipal Retirement Fund lifted its position in shares of Korn/Ferry International by 0.7% during the 4th quarter. Illinois Municipal Retirement Fund now owns 27,555 shares of the business services provider’s stock valued at $1,819,000 after acquiring an additional 181 shares during the period. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Trading Up 0.1%

Shares of KFY stock opened at $71.52 on Friday. The firm has a 50-day moving average price of $67.90 and a 200 day moving average price of $66.12. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $78.50. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 14.13 and a beta of 1.21. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.20.

Analyst Ratings Changes

A number of research firms recently weighed in on KFY. UBS Group upped their price target on Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Weiss Ratings upgraded Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Finally, Truist Financial upped their target price on Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Korn/Ferry International has an average rating of “Moderate Buy” and an average price target of $74.67.

About Korn/Ferry International

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.