Petrus Trust Company LTA Has $1.34 Million Position in Korn Ferry (NYSE:KFY)

Petrus Trust Company LTA raised its stake in shares of Korn Ferry (NYSE:KFY) by 134.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,850 shares of the business services provider’s stock after buying an additional 10,245 shares during the quarter. Korn Ferry comprises 0.1% of Petrus Trust Company LTA’s portfolio, making the stock its 25th biggest position. Petrus Trust Company LTA’s holdings in Korn Ferry were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in Korn Ferry by 112.0% during the second quarter. EverSource Wealth Advisors LLC now owns 388 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 205 shares during the period. CWM LLC boosted its position in shares of Korn Ferry by 97.3% during the second quarter. CWM LLC now owns 890 shares of the business services provider’s stock worth $60,000 after purchasing an additional 439 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Korn Ferry by 28.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,392 shares of the business services provider’s stock valued at $93,000 after buying an additional 306 shares during the period. Quarry LP increased its position in shares of Korn Ferry by 149.1% in the 2nd quarter. Quarry LP now owns 1,380 shares of the business services provider’s stock valued at $93,000 after buying an additional 826 shares in the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of Korn Ferry in the 2nd quarter valued at $101,000. 98.82% of the stock is owned by institutional investors.

Korn Ferry Trading Down 0.7 %

NYSE KFY opened at $78.04 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.15 and a quick ratio of 2.15. The stock’s 50-day moving average is $74.12 and its 200-day moving average is $70.59. Korn Ferry has a one year low of $51.62 and a one year high of $80.64. The firm has a market cap of $4.06 billion, a P/E ratio of 22.30 and a beta of 1.56.

Korn Ferry (NYSE:KFY) last issued its quarterly earnings data on Thursday, September 5th. The business services provider reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. Korn Ferry had a net margin of 6.68% and a return on equity of 13.73%. The company had revenue of $682.80 million during the quarter, compared to the consensus estimate of $663.84 million. The firm’s revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 earnings per share. Sell-side analysts anticipate that Korn Ferry will post 4.84 earnings per share for the current fiscal year.

Insider Buying and Selling at Korn Ferry

In other news, CFO Robert P. Rozek sold 20,921 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were 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 owns 154,535 shares of the company’s stock, valued at $11,672,028.55. The trade was a 11.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $387,024.00. Following the transaction, the director now owns 46,180 shares of the company’s stock, valued at $3,384,994. The trade was a 10.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 86,201 shares of company stock valued at $6,329,320 in the last 90 days. 1.40% of the stock is currently owned by company insiders.

About Korn Ferry

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.