Korn/Ferry International (NYSE:KFY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Korn/Ferry International (NYSE:KFY) from a buy rating to a strong-buy rating in a research report report published on Sunday morning.

Several other analysts have also recently weighed in on the company. UBS Group reduced their price target on Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating on the stock in a report on Tuesday, May 27th. Truist Financial reduced their price target on Korn/Ferry International from $84.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th.

Korn/Ferry International Stock Performance

Korn/Ferry International stock opened at $66.73 on Friday. Korn/Ferry International has a 12-month low of $59.23 and a 12-month high of $80.64. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is $65.82 and its two-hundred day moving average price is $67.15. The stock has a market cap of $3.44 billion, a PE ratio of 14.35 and a beta of 1.42.

Institutional Trading of Korn/Ferry International

Several hedge funds and other institutional investors have recently made changes to their positions in KFY. American Century Companies Inc. grew its holdings in shares of Korn/Ferry International by 89.1% during the first quarter. American Century Companies Inc. now owns 1,802,461 shares of the business services provider’s stock worth $122,261,000 after purchasing an additional 849,180 shares during the last quarter. Wellington Management Group LLP bought a new stake in Korn/Ferry International in the fourth quarter valued at approximately $51,454,000. Norges Bank bought a new stake in Korn/Ferry International in the fourth quarter valued at approximately $42,360,000. Rockefeller Capital Management L.P. boosted its holdings in Korn/Ferry International by 113.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 826,157 shares of the business services provider’s stock valued at $55,724,000 after acquiring an additional 438,644 shares during the last quarter. Finally, Tidal Investments LLC boosted its holdings in Korn/Ferry International by 5,931.0% in the fourth quarter. Tidal Investments LLC now owns 352,030 shares of the business services provider’s stock valued at $23,744,000 after acquiring an additional 346,193 shares during the last quarter. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Company Profile

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.