LSV Asset Management Buys 4,200 Shares of Korn/Ferry International (KFY)
LSV Asset Management raised its stake in Korn/Ferry International (NYSE:KFY) by 32.1% in the 4th quarter, Holdings Channel reports. The firm owned 17,300 shares of the business services provider’s stock after acquiring an additional 4,200 shares during the period. LSV Asset Management’s holdings in Korn/Ferry International were worth $715,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in KFY. OLD National Bancorp IN bought a new stake in Korn/Ferry International in the third quarter valued at approximately $208,000. CAPROCK Group Inc. bought a new stake in Korn/Ferry International in the fourth quarter valued at approximately $208,000. First Quadrant L P CA bought a new stake in Korn/Ferry International in the third quarter valued at approximately $212,000. Shelton Capital Management bought a new stake in Korn/Ferry International in the third quarter valued at approximately $218,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Korn/Ferry International in the fourth quarter valued at approximately $237,000. Hedge funds and other institutional investors own 88.04% of the company’s stock.
Korn/Ferry International (NYSE:KFY) opened at $41.93 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94. The company has a market capitalization of $2,370.00, a P/E ratio of 20.55 and a beta of 1.34. Korn/Ferry International has a twelve month low of $29.57 and a twelve month high of $45.26.
KFY has been the subject of several recent research reports. Zacks Investment Research upgraded Korn/Ferry International from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research report on Wednesday, November 8th. ValuEngine downgraded Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Robert W. Baird reiterated a “hold” rating and issued a $37.00 price objective on shares of Korn/Ferry International in a research report on Friday, November 10th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $42.00 price objective on shares of Korn/Ferry International in a research report on Friday, October 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $43.40.
TRADEMARK VIOLATION WARNING: This piece of content was first reported by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.dailypolitical.com/2018/02/16/lsv-asset-management-buys-4200-shares-of-korn-ferry-international-kfy.html.
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.
Want to see what other hedge funds are holding KFY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Korn/Ferry International (NYSE:KFY).
Receive News & Ratings for Korn/Ferry International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korn/Ferry International and related companies with MarketBeat.com's FREE daily email newsletter.