ValuEngine upgraded shares of Korn Ferry (NYSE:KFY) from a sell rating to a hold rating in a report published on Wednesday morning, ValuEngine reports.

Other analysts also recently issued research reports about the stock. William Blair restated an outperform rating on shares of Korn Ferry in a report on Friday, March 8th. Zacks Investment Research downgraded shares of Korn Ferry from a hold rating to a sell rating in a report on Wednesday, May 8th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. Korn Ferry currently has a consensus rating of Hold and a consensus target price of $51.00.

Shares of NYSE KFY opened at $47.13 on Wednesday. The company has a market cap of $2.66 billion, a PE ratio of 14.55 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.09 and a quick ratio of 2.09. Korn Ferry has a 1 year low of $37.38 and a 1 year high of $68.98.

A number of institutional investors have recently bought and sold shares of KFY. Parallel Advisors LLC increased its holdings in Korn Ferry by 1,403.1% in the 1st quarter. Parallel Advisors LLC now owns 1,969 shares of the business services provider’s stock valued at $88,000 after purchasing an additional 1,838 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in Korn Ferry by 55.0% in the 4th quarter. Advisors Asset Management Inc. now owns 2,698 shares of the business services provider’s stock valued at $107,000 after purchasing an additional 957 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Korn Ferry by 11.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,649 shares of the business services provider’s stock valued at $144,000 after purchasing an additional 384 shares during the last quarter. NumerixS Investment Technologies Inc acquired a new stake in Korn Ferry in the 4th quarter valued at approximately $150,000. Finally, Advisor Group Inc. increased its holdings in Korn Ferry by 8.8% in the 4th quarter. Advisor Group Inc. now owns 4,080 shares of the business services provider’s stock valued at $162,000 after purchasing an additional 330 shares during the last quarter. Hedge funds and other institutional investors own 90.21% of the company’s stock.

Korn Ferry Company Profile

Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit market sectors.

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