Chartwell Investment Partners LLC Sells 13,070 Shares of Korn Ferry (NYSE:KFY)

Chartwell Investment Partners LLC reduced its position in shares of Korn Ferry (NYSE:KFY - Free Report) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,868 shares of the business services provider's stock after selling 13,070 shares during the period. Chartwell Investment Partners LLC owned 0.25% of Korn Ferry worth $9,922,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its position in Korn Ferry by 112.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 388 shares of the business services provider's stock valued at $29,000 after acquiring an additional 205 shares in the last quarter. CWM LLC boosted its holdings in Korn Ferry by 97.3% in the 2nd quarter. CWM LLC now owns 890 shares of the business services provider's stock valued at $60,000 after purchasing an additional 439 shares in the last quarter. GAMMA Investing LLC raised its holdings in Korn Ferry by 28.2% during the second quarter. GAMMA Investing LLC now owns 1,392 shares of the business services provider's stock worth $93,000 after purchasing an additional 306 shares during the last quarter. Quarry LP lifted its holdings in shares of Korn Ferry by 149.1% during the 2nd quarter. Quarry LP now owns 1,380 shares of the business services provider's stock worth $93,000 after acquiring an additional 826 shares during the period. Finally, Innealta Capital LLC acquired a new position in Korn Ferry in the second quarter valued at $101,000. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Korn Ferry

In other news, CFO Robert P. Rozek sold 20,921 shares of Korn Ferry stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $75.53, for a total transaction of $1,580,163.13. Following the sale, the chief financial officer now owns 154,535 shares of the company's stock, valued at approximately $11,672,028.55. This trade represents a 0.00 % decrease in their position. The sale 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 stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $75.53, for a total transaction 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 represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary D. Burnison sold 16,274 shares of the firm's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $74.05, for a total transaction of $1,205,089.70. Following the completion of the sale, 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 position. 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 over the last three months. Corporate insiders own 1.40% of the company's stock.

Korn Ferry Stock Up 1.6 %

Shares of NYSE KFY traded up $1.26 during trading on Monday, reaching $79.69. 80,037 shares of the stock were exchanged, compared to its average volume of 354,221. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 22.41 and a beta of 1.55. Korn Ferry has a twelve month low of $47.69 and a twelve month high of $80.29. The business's 50-day moving average price is $72.06 and its 200 day moving average price is $68.88. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.23.

Korn Ferry (NYSE:KFY - Get Free Report) last released its quarterly earnings data on Thursday, September 5th. The business services provider reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.06. Korn Ferry had a net margin of 6.68% and a return on equity of 13.73%. The business had revenue of $682.80 million for the quarter, compared to analysts' expectations of $663.84 million. During the same quarter last year, the company earned $0.99 EPS. The company's revenue for the quarter was down 3.3% compared to the same quarter last year. As a group, equities analysts forecast that Korn Ferry will post 4.84 EPS for the current fiscal year.

Korn Ferry Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Thursday, September 19th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend was Thursday, September 19th. Korn Ferry's dividend payout ratio (DPR) is presently 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.