Deutsche Bank AG Has $2.77 Million Position in Korn/Ferry International $KFY

Key Points

• Deutsche Bank AG has reduced its stake in Korn/Ferry International by 9.5%, now holding 40,762 shares valued at approximately $2.76 million.
• Recent analyst reports have shown mixed ratings for Korn/Ferry International, with price targets ranging from $74.00 to $88.00 and a consensus rating of "Moderate Buy".
• Korn/Ferry International announced a quarterly dividend of $0.48 per share, representing an annualized yield of 2.6%.

Deutsche Bank AG decreased its holdings in Korn/Ferry International (NYSE:KFY - Free Report) by 9.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,762 shares of the business services provider's stock after selling 4,295 shares during the quarter. Deutsche Bank AG owned 0.08% of Korn/Ferry International worth $2,765,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in Korn/Ferry International by 75.9% in the first quarter. Versant Capital Management Inc now owns 517 shares of the business services provider's stock worth $35,000 after buying an additional 223 shares during the last quarter. CX Institutional acquired a new position in Korn/Ferry International in the first quarter worth approximately $39,000. Sterling Capital Management LLC grew its position in Korn/Ferry International by 828.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,671 shares of the business services provider's stock worth $113,000 after buying an additional 1,491 shares during the last quarter. GAMMA Investing LLC grew its position in Korn/Ferry International by 11.4% in the first quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider's stock worth $131,000 after buying an additional 199 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in Korn/Ferry International in the first quarter worth approximately $214,000. Institutional investors and hedge funds own 98.82% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on KFY shares. Wall Street Zen lowered shares of Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, July 9th. Truist Financial raised their price objective on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a "buy" rating in a research note on Friday, June 20th. Finally, UBS Group decreased their price objective on shares of Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating for the company in a research note on Tuesday, May 27th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $81.00.

Korn/Ferry International Trading Down 0.3%

Korn/Ferry International stock traded down $0.2360 during midday trading on Monday, reaching $76.2240. The stock had a trading volume of 361,931 shares, compared to its average volume of 258,889. The firm's fifty day simple moving average is $72.79 and its two-hundred day simple moving average is $68.27. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $80.64. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.83 and a quick ratio of 1.83. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 16.50 and a beta of 1.47.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its earnings results on Wednesday, June 18th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.06. The company had revenue of $712.05 million during the quarter, compared to analyst estimates of $690.07 million. Korn/Ferry International had a net margin of 8.91% and a return on equity of 14.49%. The company's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the business posted $1.26 EPS. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. Equities analysts anticipate that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 3rd were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. Korn/Ferry International's dividend payout ratio (DPR) is 41.56%.

About Korn/Ferry International

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.