Korn Ferry (NYSE:KFY) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its position in shares of Korn Ferry (NYSE:KFY) by 3.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 797,315 shares of the business services provider’s stock after acquiring an additional 27,773 shares during the quarter. Victory Capital Management Inc. owned about 1.53% of Korn Ferry worth $59,990,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in Korn Ferry in the first quarter valued at approximately $281,000. QRG Capital Management Inc. boosted its holdings in Korn Ferry by 3.1% in the first quarter. QRG Capital Management Inc. now owns 13,183 shares of the business services provider’s stock valued at $867,000 after purchasing an additional 391 shares during the last quarter. ProShare Advisors LLC grew its position in Korn Ferry by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 10,529 shares of the business services provider’s stock worth $692,000 after purchasing an additional 721 shares during the period. Blair William & Co. IL purchased a new position in shares of Korn Ferry during the 1st quarter valued at about $3,302,000. Finally, Vanguard Group Inc. lifted its holdings 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 buying an additional 134,209 shares during the period. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Insider Activity

In other news, Director Debra J. Perry sold 5,280 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $73.30, for a total transaction of $387,024.00. Following the transaction, the director now owns 46,180 shares in the company, valued at $3,384,994. This trade represents a 10.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gary D. Burnison sold 38,726 shares of the business’s stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $72.18, for a total transaction of $2,795,242.68. Following the completion of the sale, the chief executive officer now directly owns 273,118 shares of the company’s stock, valued at approximately $19,713,657.24. The trade was a 12.42 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 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 Stock Down 2.2 %

Korn Ferry stock opened at $76.49 on Friday. The business’s 50-day moving average price is $72.64 and its 200 day moving average price is $69.25. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.23. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 21.85 and a beta of 1.55. Korn Ferry has a 52 week low of $49.95 and a 52 week high of $80.64.

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

Korn Ferry Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Thursday, September 19th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.93%. The ex-dividend date was Thursday, September 19th. Korn Ferry’s payout ratio is currently 42.29%.

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.