Universal Beteiligungs und Servicegesellschaft mbH Lowers Stake in Korn/Ferry International $KFY

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in shares of Korn/Ferry International (NYSE:KFY) by 22.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 13,472 shares of the business services provider’s stock after selling 4,004 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Korn/Ferry International were worth $988,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KFY. Blue Trust Inc. lifted its stake in shares of Korn/Ferry International by 21.1% during the 2nd quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock worth $69,000 after purchasing an additional 163 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in Korn/Ferry International by 3.0% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,648 shares of the business services provider’s stock valued at $414,000 after purchasing an additional 165 shares during the last quarter. Savant Capital LLC increased its stake in Korn/Ferry International by 5.2% in the second quarter. Savant Capital LLC now owns 3,312 shares of the business services provider’s stock valued at $243,000 after purchasing an additional 165 shares during the last quarter. AMG National Trust Bank lifted its position in Korn/Ferry International by 0.9% during the second quarter. AMG National Trust Bank now owns 23,351 shares of the business services provider’s stock worth $1,712,000 after buying an additional 205 shares during the period. Finally, Verdence Capital Advisors LLC boosted its stake in Korn/Ferry International by 2.8% in the 2nd quarter. Verdence Capital Advisors LLC now owns 8,296 shares of the business services provider’s stock worth $608,000 after buying an additional 225 shares during the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Performance

Shares of NYSE:KFY opened at $65.64 on Thursday. The business has a 50-day moving average of $68.09 and a two-hundred day moving average of $70.46. The firm has a market capitalization of $3.44 billion, a PE ratio of 13.94 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.49.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.07. The business had revenue of $708.61 million for the quarter, compared to analyst estimates of $688.72 million. Korn/Ferry International had a return on equity of 14.55% and a net margin of 8.95%.The company’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.17 EPS. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, research analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International declared that its Board of Directors has approved a share buyback plan on Thursday, September 18th that allows the company to repurchase $331.40 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 8.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Korn/Ferry International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, September 26th. Korn/Ferry International’s payout ratio is currently 40.76%.

Analyst Ratings Changes

A number of research firms have recently commented on KFY. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. The Goldman Sachs Group lowered their target price on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.67.

About Korn/Ferry International

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.