ClariVest Asset Management LLC trimmed its position in shares of Korn Ferry (NYSE:KFY) by 6.9% during the first quarter, HoldingsChannel reports. The firm owned 99,636 shares of the business services provider’s stock after selling 7,365 shares during the quarter. ClariVest Asset Management LLC’s holdings in Korn Ferry were worth $4,462,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in KFY. Advisor Group Inc. raised its holdings in shares of Korn Ferry by 8.8% during the fourth quarter. Advisor Group Inc. now owns 4,080 shares of the business services provider’s stock worth $162,000 after acquiring an additional 330 shares during the period. Piedmont Investment Advisors Inc. raised its holdings in shares of Korn Ferry by 2.9% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 13,500 shares of the business services provider’s stock worth $534,000 after acquiring an additional 376 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Korn Ferry by 11.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,649 shares of the business services provider’s stock worth $144,000 after acquiring an additional 384 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of Korn Ferry by 1.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 21,949 shares of the business services provider’s stock worth $983,000 after acquiring an additional 396 shares during the period. Finally, Boston Partners raised its holdings in shares of Korn Ferry by 1.3% during the first quarter. Boston Partners now owns 39,136 shares of the business services provider’s stock worth $1,753,000 after acquiring an additional 507 shares during the period. 90.21% of the stock is currently owned by institutional investors.

Shares of NYSE:KFY opened at $45.78 on Wednesday. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.18. Korn Ferry has a 12 month low of $37.38 and a 12 month high of $68.98. The firm has a market cap of $2.53 billion, a P/E ratio of 16.83 and a beta of 1.29.

KFY has been the topic of a number of research analyst reports. William Blair restated an “outperform” rating on shares of Korn Ferry in a report on Friday, March 8th. ValuEngine lowered shares of Korn Ferry from a “hold” rating to a “sell” rating in a report on Friday, March 29th. Finally, Zacks Investment Research lowered shares of Korn Ferry from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. Three investment analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. Korn Ferry has a consensus rating of “Hold” and a consensus price target of $58.25.

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About Korn Ferry

Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit market sectors.

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

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