Korn/Ferry International $KFY Shares Sold by Deutsche Bank AG

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 lowered its holdings in Korn/Ferry International (NYSE:KFY - Free Report) by 9.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,762 shares of the business services provider's stock after selling 4,295 shares during the quarter. Deutsche Bank AG owned approximately 0.08% of Korn/Ferry International worth $2,765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc raised its stake 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 in the last quarter. CX Institutional bought a new stake in Korn/Ferry International during the 1st quarter valued at $39,000. Sterling Capital Management LLC increased its holdings in shares of Korn/Ferry International by 828.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,671 shares of the business services provider's stock valued at $113,000 after acquiring an additional 1,491 shares during the period. GAMMA Investing LLC raised its position in shares of Korn/Ferry International by 11.4% in the 1st quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider's stock worth $131,000 after acquiring an additional 199 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in shares of Korn/Ferry International during the 1st quarter worth $214,000. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Stock Performance

Shares of NYSE KFY traded up $3.4350 during midday trading on Friday, reaching $76.3350. The company had a trading volume of 452,317 shares, compared to its average volume of 247,586. Korn/Ferry International has a 1 year low of $59.23 and a 1 year high of $80.64. The business's 50-day simple moving average is $72.61 and its 200 day simple moving average is $68.21. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.21. The stock has a market cap of $3.99 billion, a P/E ratio of 16.52 and a beta of 1.47.

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

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, July 3rd. Korn/Ferry International's dividend payout ratio (DPR) is presently 41.56%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on KFY. Wall Street Zen lowered Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 9th. UBS Group cut their price objective on shares of Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 27th. Finally, Truist Financial boosted 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. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Korn/Ferry International presently has a consensus rating of "Moderate Buy" and a consensus target price of $81.00.

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.