Korn Ferry (NYSE:KFY) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its holdings in Korn Ferry (NYSE:KFY) by 31.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,093 shares of the business services provider’s stock after buying an additional 2,624 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Korn Ferry were worth $748,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wealthfront Advisers LLC acquired a new position in Korn Ferry during the 4th quarter worth $76,000. Smartleaf Asset Management LLC boosted its stake in shares of Korn Ferry by 230.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the business services provider’s stock valued at $93,000 after buying an additional 963 shares during the period. Venturi Wealth Management LLC acquired a new position in shares of Korn Ferry during the fourth quarter worth about $122,000. New Age Alpha Advisors LLC purchased a new stake in shares of Korn Ferry during the fourth quarter worth approximately $162,000. Finally, KBC Group NV raised its holdings in Korn Ferry by 68.5% in the fourth quarter. KBC Group NV now owns 2,542 shares of the business services provider’s stock valued at $171,000 after acquiring an additional 1,033 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn Ferry Stock Down 0.9 %

Shares of NYSE KFY opened at $60.28 on Wednesday. Korn Ferry has a 1 year low of $59.44 and a 1 year high of $80.64. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 12.88 and a beta of 1.40. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07. The business has a 50-day moving average of $66.44 and a two-hundred day moving average of $70.01.

Korn Ferry (NYSE:KFY) last announced its quarterly earnings results on Tuesday, March 11th. The business services provider reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.06. Korn Ferry had a return on equity of 14.27% and a net margin of 9.03%. The firm had revenue of $676.50 million during the quarter, compared to the consensus estimate of $650.45 million. During the same period in the prior year, the company posted $1.07 earnings per share. The firm’s quarterly revenue was down .1% compared to the same quarter last year. On average, analysts forecast that Korn Ferry will post 4.75 earnings per share for the current fiscal year.

Korn Ferry Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 27th will be paid a dividend of $0.48 per share. This is a positive change from Korn Ferry’s previous quarterly dividend of $0.37. This represents a $1.92 annualized dividend and a yield of 3.19%. The ex-dividend date is Thursday, March 27th. Korn Ferry’s dividend payout ratio (DPR) is currently 41.29%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Korn Ferry from a “hold” rating to a “buy” rating in a research report on Tuesday, December 17th.

Korn Ferry 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.