Foundry Partners LLC raised its position in Korn/Ferry International (NYSE:KFY) by 8.2% during the second quarter, Holdings Channel reports. The firm owned 299,631 shares of the business services provider’s stock after buying an additional 22,701 shares during the period. Foundry Partners LLC’s holdings in Korn/Ferry International were worth $10,346,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Boston Partners boosted its position in Korn/Ferry International by 3.4% in the second quarter. Boston Partners now owns 487,403 shares of the business services provider’s stock worth $16,830,000 after buying an additional 15,806 shares during the period. Schwab Charles Investment Management Inc. boosted its position in Korn/Ferry International by 1.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 325,858 shares of the business services provider’s stock worth $11,252,000 after buying an additional 3,699 shares during the period. Trexquant Investment LP boosted its position in Korn/Ferry International by 405.0% in the second quarter. Trexquant Investment LP now owns 44,158 shares of the business services provider’s stock worth $1,525,000 after buying an additional 35,414 shares during the period. Sei Investments Co. boosted its position in Korn/Ferry International by 25.8% in the second quarter. Sei Investments Co. now owns 50,738 shares of the business services provider’s stock worth $1,751,000 after buying an additional 10,410 shares during the period. Finally, Texas Permanent School Fund boosted its position in Korn/Ferry International by 0.8% in the second quarter. Texas Permanent School Fund now owns 41,924 shares of the business services provider’s stock worth $1,448,000 after buying an additional 350 shares during the period. 90.12% of the stock is owned by institutional investors.

Korn/Ferry International (NYSE KFY) opened at 32.35 on Friday. The firm has a market cap of $1.84 billion, a PE ratio of 22.07 and a beta of 1.40. Korn/Ferry International has a one year low of $19.94 and a one year high of $36.07. The firm has a 50-day moving average price of $33.95 and a 200-day moving average price of $32.03.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Tuesday, June 20th. The business services provider reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.03. Korn/Ferry International had a return on equity of 12.14% and a net margin of 5.19%. The business had revenue of $419.60 million for the quarter, compared to the consensus estimate of $405.33 million. During the same quarter last year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was up .6% on a year-over-year basis. On average, equities analysts expect that Korn/Ferry International will post $2.44 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, June 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.24%. Korn/Ferry International’s payout ratio is 27.21%.

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A number of equities analysts have recently commented on the company. BidaskClub cut Korn/Ferry International from a “hold” rating to a “sell” rating in a report on Saturday. Zacks Investment Research cut Korn/Ferry International from a “hold” rating to a “sell” rating in a report on Thursday, June 22nd. Finally, Sidoti started coverage on Korn/Ferry International in a report on Monday, June 12th. They issued a “buy” rating and a $43.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $32.00.

In other Korn/Ferry International news, CFO Robert P. Rozek sold 11,000 shares of the firm’s stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $34.48, for a total transaction of $379,280.00. Following the sale, the chief financial officer now owns 111,782 shares in the company, valued at $3,854,243.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert P. Rozek sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, July 5th. The shares were sold at an average price of $34.59, for a total value of $518,850.00. Following the sale, the chief financial officer now owns 101,282 shares in the company, valued at approximately $3,503,344.38. The disclosure for this sale can be found here. Insiders have sold 183,837 shares of company stock worth $6,336,501 in the last 90 days. Company insiders own 1.19% of the company’s stock.

About Korn/Ferry International

Korn/Ferry International (Korn Ferry) is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services.

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Institutional Ownership by Quarter for Korn/Ferry International (NYSE:KFY)

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