Shares of Korn/Ferry International (NYSE:KFY) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.35 and last traded at $41.73, with a volume of 186300 shares. The stock had previously closed at $41.25.

KFY has been the subject of several recent analyst reports. Deutsche Bank AG upped their price objective on shares of Korn/Ferry International from $34.00 to $40.00 and gave the stock a “hold” rating in a report on Thursday, September 7th. Zacks Investment Research downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $42.00 price objective on shares of Korn/Ferry International in a report on Friday, October 20th. Robert W. Baird reaffirmed a “hold” rating and set a $37.00 price objective on shares of Korn/Ferry International in a report on Friday. Finally, BidaskClub downgraded shares of Korn/Ferry International from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Korn/Ferry International has a consensus rating of “Hold” and a consensus price target of $41.80.

The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.13 and a current ratio of 2.13. The stock has a market capitalization of $2,360.00, a price-to-earnings ratio of 18.22 and a beta of 1.34.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Wednesday, September 6th. The business services provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. Korn/Ferry International had a net margin of 7.09% and a return on equity of 10.45%. The firm had revenue of $401.25 million during the quarter, compared to the consensus estimate of $392.91 million. During the same period in the prior year, the firm earned $0.52 EPS. The business’s revenue was up 6.8% on a year-over-year basis. analysts predict that Korn/Ferry International will post 2.45 EPS for the current fiscal year.

In other news, Director Jerry Leamon sold 8,000 shares of the stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $40.06, for a total value of $320,480.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary D. Burnison sold 50,000 shares of the stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $40.02, for a total transaction of $2,001,000.00. Following the completion of the transaction, the chief executive officer now owns 198,700 shares of the company’s stock, valued at approximately $7,951,974. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,000 shares of company stock valued at $2,801,960. Insiders own 1.01% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Bank of Montreal Can raised its stake in shares of Korn/Ferry International by 1.7% in the 2nd quarter. Bank of Montreal Can now owns 3,166 shares of the business services provider’s stock valued at $110,000 after buying an additional 52 shares in the last quarter. Hanseatic Management Services Inc. raised its stake in shares of Korn/Ferry International by 1.1% in the 2nd quarter. Hanseatic Management Services Inc. now owns 7,129 shares of the business services provider’s stock valued at $246,000 after buying an additional 81 shares in the last quarter. Texas Permanent School Fund raised its stake in shares of Korn/Ferry International by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 41,924 shares of the business services provider’s stock valued at $1,448,000 after buying an additional 350 shares in the last quarter. Baskin Financial Services Inc. raised its stake in shares of Korn/Ferry International by 0.5% in the 2nd quarter. Baskin Financial Services Inc. now owns 119,817 shares of the business services provider’s stock valued at $4,137,000 after buying an additional 620 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Korn/Ferry International by 26.7% in the 2nd quarter. SG Americas Securities LLC now owns 4,161 shares of the business services provider’s stock valued at $144,000 after buying an additional 878 shares in the last quarter. Institutional investors own 85.87% of the company’s stock.

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Korn/Ferry International Company Profile

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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