Hotchkis & Wiley Capital Management LLC grew its position in shares of Korn/Ferry International (NYSE:KFY) by 0.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 669,466 shares of the business services provider’s stock after buying an additional 2,339 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.19% of Korn/Ferry International worth $26,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of KFY. JPMorgan Chase & Co. lifted its position in shares of Korn/Ferry International by 41.1% during the second quarter. JPMorgan Chase & Co. now owns 123,475 shares of the business services provider’s stock worth $4,264,000 after purchasing an additional 35,971 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Korn/Ferry International by 9.7% during the second quarter. Legal & General Group Plc now owns 111,533 shares of the business services provider’s stock worth $3,852,000 after purchasing an additional 9,854 shares in the last quarter. Kennedy Capital Management Inc. lifted its position in shares of Korn/Ferry International by 12.8% during the second quarter. Kennedy Capital Management Inc. now owns 105,690 shares of the business services provider’s stock worth $3,649,000 after purchasing an additional 11,987 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Korn/Ferry International by 9.2% during the second quarter. Bank of New York Mellon Corp now owns 1,713,949 shares of the business services provider’s stock worth $59,184,000 after purchasing an additional 143,828 shares in the last quarter. Finally, Sciencast Management LP acquired a new position in shares of Korn/Ferry International during the second quarter worth approximately $411,000. 86.11% of the stock is currently owned by hedge funds and other institutional investors.

Korn/Ferry International (NYSE:KFY) opened at $42.19 on Friday. Korn/Ferry International has a twelve month low of $25.25 and a twelve month high of $44.08. The firm has a market cap of $2,476.63, a P/E ratio of 19.14 and a beta of 1.35. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.20.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Wednesday, September 6th. The business services provider reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.02. Korn/Ferry International had a net margin of 6.69% and a return on equity of 12.03%. The business had revenue of $401.25 million for the quarter, compared to analyst estimates of $392.91 million. During the same period in the prior year, the business posted $0.52 earnings per share. Korn/Ferry International’s revenue was up 6.8% compared to the same quarter last year. equities analysts predict that Korn/Ferry International will post 2.45 EPS for the current fiscal year.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Robert W. Baird restated a “hold” rating and issued a $37.00 price objective on shares of Korn/Ferry International in a report on Friday, November 10th. SunTrust Banks increased their price objective on shares of Korn/Ferry International from $40.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, September 7th. Deutsche Bank increased their price objective on shares of Korn/Ferry International from $34.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Finally, ValuEngine lowered shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. Korn/Ferry International currently has an average rating of “Buy” and an average target price of $41.80.

In other Korn/Ferry International news, CFO Robert P. Rozek sold 12,000 shares of the stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $40.04, for a total value of $480,480.00. Following the sale, the chief financial officer now directly owns 93,522 shares in the company, valued at $3,744,620.88. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gary D. Burnison sold 50,000 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $40.02, for a total transaction of $2,001,000.00. Following the completion of the sale, the chief executive officer now owns 198,700 shares in the company, valued at $7,951,974. The disclosure for this sale can be found here. Insiders sold 70,000 shares of company stock worth $2,801,960 over the last 90 days. 1.01% of the stock is currently owned by company insiders.

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

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