Leeward Investments LLC MA Decreases Stake in Korn Ferry (NYSE:KFY)

Leeward Investments LLC MA trimmed its holdings in shares of Korn Ferry (NYSE:KFY) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 248,896 shares of the business services provider’s stock after selling 844 shares during the quarter. Leeward Investments LLC MA’s holdings in Korn Ferry were worth $18,727,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Janus Henderson Group PLC increased its holdings in Korn Ferry by 161.5% during the 1st quarter. Janus Henderson Group PLC now owns 67,064 shares of the business services provider’s stock worth $4,409,000 after purchasing an additional 41,416 shares during the last quarter. UniSuper Management Pty Ltd bought a new stake in shares of Korn Ferry in the first quarter worth $815,000. Diversify Advisory Services LLC acquired a new stake in Korn Ferry in the second quarter valued at $1,158,000. Jane Street Group LLC boosted its stake in Korn Ferry by 884.9% during the 1st quarter. Jane Street Group LLC now owns 76,536 shares of the business services provider’s stock valued at $5,033,000 after acquiring an additional 68,765 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Korn Ferry by 72.7% during the 1st quarter. BNP Paribas Financial Markets now owns 26,229 shares of the business services provider’s stock valued at $1,725,000 after acquiring an additional 11,039 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Insider Buying and Selling

In other news, CEO Gary D. Burnison sold 16,274 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $74.05, for a total transaction of $1,205,089.70. Following the completion of the transaction, the chief executive officer now directly owns 356,844 shares of the company’s stock, valued at approximately $26,424,298.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Robert P. Rozek sold 20,921 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $75.53, for a total value of $1,580,163.13. Following the sale, the chief financial officer now directly owns 154,535 shares in the company, valued at $11,672,028.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary D. Burnison sold 16,274 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $74.05, for a total value of $1,205,089.70. Following the transaction, the chief executive officer now directly owns 356,844 shares in the company, valued at $26,424,298.20. 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 86,201 shares of company stock worth $6,329,320 over the last ninety days. 1.40% of the stock is owned by insiders.

Korn Ferry Price Performance

KFY opened at $79.37 on Thursday. The company has a market capitalization of $4.13 billion, a P/E ratio of 22.68 and a beta of 1.55. The company has a 50-day moving average of $71.85 and a 200-day moving average of $68.63. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.15 and a current ratio of 2.15. Korn Ferry has a 1-year low of $47.28 and a 1-year high of $79.54.

Korn Ferry (NYSE:KFY) last posted its quarterly earnings results on Thursday, September 5th. The business services provider reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. Korn Ferry had a return on equity of 13.73% and a net margin of 6.68%. The business had revenue of $682.80 million during the quarter, compared to the consensus estimate of $663.84 million. During the same period last year, the firm earned $0.99 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Equities analysts expect that Korn Ferry will post 4.83 EPS for the current fiscal year.

Korn Ferry Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend was Thursday, September 19th. Korn Ferry’s dividend payout ratio is currently 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.