Rockefeller Capital Management L.P. Lowers Stock Holdings in Korn/Ferry International $KFY

Rockefeller Capital Management L.P. cut its holdings in Korn/Ferry International (NYSE:KFY) by 22.0% in the 4th quarter, HoldingsChannel reports. The fund owned 703,298 shares of the business services provider’s stock after selling 198,380 shares during the period. Rockefeller Capital Management L.P.’s holdings in Korn/Ferry International were worth $46,432,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Elo Mutual Pension Insurance Co lifted its position in Korn/Ferry International by 112.6% during the third quarter. Elo Mutual Pension Insurance Co now owns 31,929 shares of the business services provider’s stock worth $2,234,000 after buying an additional 16,913 shares during the period. Hillsdale Investment Management Inc. boosted its stake in Korn/Ferry International by 22.4% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 95,680 shares of the business services provider’s stock worth $6,696,000 after buying an additional 17,500 shares during the last quarter. Royce & Associates LP grew its holdings in Korn/Ferry International by 28.2% in the 3rd quarter. Royce & Associates LP now owns 661,915 shares of the business services provider’s stock valued at $46,321,000 after buying an additional 145,520 shares during the period. Vanguard Group Inc. grew its holdings in Korn/Ferry International by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock valued at $406,649,000 after buying an additional 44,425 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its stake in shares of Korn/Ferry International by 108.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 33,514 shares of the business services provider’s stock valued at $2,346,000 after acquiring an additional 17,414 shares during the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Analyst Upgrades and Downgrades

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

Korn/Ferry International Stock Up 0.1%

Shares of NYSE:KFY opened at $71.52 on Friday. The stock has a 50-day simple moving average of $67.90 and a 200-day simple moving average of $66.12. The stock has a market capitalization of $3.71 billion, a P/E ratio of 14.13 and a beta of 1.21. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $78.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01.

Korn/Ferry International Company Profile

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.