Rockefeller Capital Management L.P. Has $29.16 Million Stock Position in Korn Ferry (NYSE:KFY)

Rockefeller Capital Management L.P. increased its position in shares of Korn Ferry (NYSE:KFY - Free Report) by 25.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 387,513 shares of the business services provider's stock after acquiring an additional 79,059 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.75% of Korn Ferry worth $29,156,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC grew its stake in shares of Korn Ferry by 161.5% in 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. Diversify Advisory Services LLC acquired a new position in Korn Ferry in the second quarter worth approximately $1,158,000. Jane Street Group LLC increased its holdings in shares of Korn Ferry by 884.9% in the first quarter. Jane Street Group LLC now owns 76,536 shares of the business services provider's stock valued at $5,033,000 after buying an additional 68,765 shares in the last quarter. Seven Eight Capital LP lifted its position in shares of Korn Ferry by 216.4% during the 2nd quarter. Seven Eight Capital LP now owns 25,049 shares of the business services provider's stock valued at $1,682,000 after acquiring an additional 17,132 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of Korn Ferry by 7.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 949,378 shares of the business services provider's stock worth $71,431,000 after acquiring an additional 62,385 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors.

Insider Activity

In other Korn Ferry news, CFO Robert P. Rozek sold 20,921 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 154,535 shares in the company, valued at $11,672,028.55. This represents a 11.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary D. Burnison sold 38,726 shares of the business's stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $72.18, for a total transaction of $2,795,242.68. Following the transaction, the chief executive officer now owns 273,118 shares in the company, valued at approximately $19,713,657.24. This represents a 12.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 86,201 shares of company stock worth $6,329,320. 1.40% of the stock is owned by corporate insiders.

Korn Ferry Trading Up 0.2 %

Shares of Korn Ferry stock traded up $0.15 on Friday, reaching $78.34. 184,819 shares of the company were exchanged, compared to its average volume of 269,241. Korn Ferry has a fifty-two week low of $51.12 and a fifty-two week high of $80.64. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 22.38 and a beta of 1.55. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.23. The stock has a fifty day moving average price of $73.94 and a 200-day moving average price of $70.39.

Korn Ferry (NYSE:KFY - Get Free Report) last posted 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. The firm had revenue of $682.80 million for the quarter, compared to the consensus estimate of $663.84 million. Korn Ferry had a return on equity of 13.73% and a net margin of 6.68%. The business's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.99 EPS. On average, analysts expect that Korn Ferry will post 4.84 EPS for the current year.

Korn Ferry Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Thursday, September 19th were given a $0.37 dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $1.48 annualized dividend and a dividend yield of 1.89%. Korn Ferry's dividend payout ratio (DPR) is presently 42.29%.

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.