Korn/Ferry International $KFY Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. reduced its position in Korn/Ferry International (NYSE:KFY) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,024 shares of the business services provider’s stock after selling 22,235 shares during the period. Pacer Advisors Inc.’s holdings in Korn/Ferry International were worth $10,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Virtu Financial LLC increased its holdings in Korn/Ferry International by 7.7% in the fourth quarter. Virtu Financial LLC now owns 4,799 shares of the business services provider’s stock valued at $317,000 after buying an additional 343 shares in the last quarter. State of Tennessee Department of Treasury boosted its stake in shares of Korn/Ferry International by 43.5% during the 4th quarter. State of Tennessee Department of Treasury now owns 21,362 shares of the business services provider’s stock worth $1,484,000 after acquiring an additional 6,480 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Korn/Ferry International during the 4th quarter worth about $630,000. Empowered Funds LLC acquired a new stake in shares of Korn/Ferry International during the 4th quarter valued at about $2,196,000. Finally, XTX Topco Ltd acquired a new stake in shares of Korn/Ferry International during the 4th quarter valued at about $1,634,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Analysts Set New Price Targets

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

Korn/Ferry International Stock Up 0.1%

Shares of KFY opened at $71.52 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01. Korn/Ferry International has a one year low of $58.95 and a one year high of $78.50. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 14.13 and a beta of 1.21. The stock has a 50 day moving average price of $67.90 and a 200 day moving average price of $66.12.

Korn/Ferry International Company Profile

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.