Korn Ferry (NYSE:KFY) Shares Sold by Amalgamated Bank

Amalgamated Bank cut its holdings in Korn Ferry (NYSE:KFY) by 2.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,478 shares of the business services provider’s stock after selling 466 shares during the period. Amalgamated Bank’s holdings in Korn Ferry were worth $1,165,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Arizona State Retirement System boosted its stake in Korn Ferry by 1.2% in the second quarter. Arizona State Retirement System now owns 14,608 shares of the business services provider’s stock valued at $981,000 after acquiring an additional 168 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Korn Ferry by 112.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 388 shares of the business services provider’s stock worth $29,000 after purchasing an additional 205 shares during the last quarter. SummerHaven Investment Management LLC boosted its position in Korn Ferry by 1.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 14,320 shares of the business services provider’s stock valued at $961,000 after purchasing an additional 229 shares during the period. Azzad Asset Management Inc. ADV boosted its position in Korn Ferry by 1.5% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 15,210 shares of the business services provider’s stock valued at $1,144,000 after purchasing an additional 231 shares during the period. Finally, Simplicity Wealth LLC grew its stake in Korn Ferry by 4.8% during the 3rd quarter. Simplicity Wealth LLC now owns 6,146 shares of the business services provider’s stock worth $462,000 after buying an additional 283 shares during the last quarter. Institutional investors own 98.82% of the company’s stock.

Insider Activity at Korn Ferry

In other news, Director Debra J. Perry sold 5,280 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $73.30, for a total value of $387,024.00. Following the completion of the transaction, the director now owns 46,180 shares of the company’s stock, valued at approximately $3,384,994. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Korn Ferry news, Director Debra J. Perry sold 5,280 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $73.30, for a total transaction of $387,024.00. Following the sale, the director now directly owns 46,180 shares in the company, valued at approximately $3,384,994. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary D. Burnison sold 38,726 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $72.18, for a total transaction of $2,795,242.68. Following the completion of the transaction, the chief executive officer now owns 273,118 shares of the company’s stock, valued at $19,713,657.24. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 86,201 shares of company stock worth $6,329,320 in the last three months. 1.40% of the stock is owned by company insiders.

Korn Ferry Stock Performance

KFY stock opened at $78.19 on Thursday. Korn Ferry has a 1 year low of $48.81 and a 1 year high of $80.64. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 22.34 and a beta of 1.55. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.15 and a current ratio of 2.15. The stock’s fifty day moving average is $72.47 and its two-hundred day moving average is $69.20.

Korn Ferry (NYSE:KFY) last issued its quarterly earnings data on Thursday, September 5th. The business services provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.06. The firm had revenue of $682.80 million for the quarter, compared to the consensus estimate of $663.84 million. Korn Ferry had a net margin of 6.68% and a return on equity of 13.73%. Korn Ferry’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period last year, the firm posted $0.99 EPS. On average, research analysts predict that Korn Ferry will post 4.84 EPS for the current year.

Korn Ferry Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Thursday, September 19th. Korn Ferry’s dividend payout ratio (DPR) is 42.29%.

Korn Ferry 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.