Fieldview Capital Management LLC Invests $464,000 in Korn/Ferry International $KFY

Fieldview Capital Management LLC acquired a new position in Korn/Ferry International (NYSE:KFY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,032 shares of the business services provider’s stock, valued at approximately $464,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Entropy Technologies LP purchased a new stake in shares of Korn/Ferry International in the 4th quarter worth $599,000. Barclays PLC increased its stake in shares of Korn/Ferry International by 16.8% in the 4th quarter. Barclays PLC now owns 89,488 shares of the business services provider’s stock worth $5,908,000 after purchasing an additional 12,882 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of Korn/Ferry International by 5.0% in the 4th quarter. Kestra Advisory Services LLC now owns 12,551 shares of the business services provider’s stock worth $829,000 after purchasing an additional 598 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Korn/Ferry International by 431.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,149 shares of the business services provider’s stock worth $76,000 after buying an additional 933 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in Korn/Ferry International in the 4th quarter worth $240,000. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Down 2.5%

KFY opened at $71.38 on Tuesday. The firm has a 50-day simple moving average of $67.24 and a two-hundred day simple moving average of $65.95. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $78.50. The company has a market capitalization of $3.70 billion, a PE ratio of 14.11 and a beta of 1.21. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KFY shares. UBS Group increased their price target on Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings upgraded Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Truist Financial increased their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.67.

About Korn/Ferry International

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.