Seizert Capital Partners LLC purchased a new position in Robert Half International Inc. (NYSE:RHI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,427 shares of the business services provider’s stock, valued at approximately $1,028,000.
A number of other hedge funds have also made changes to their positions in RHI. Seven Eight Capital LP lifted its stake in Robert Half International by 134.7% in the second quarter. Seven Eight Capital LP now owns 2,439 shares of the business services provider’s stock worth $117,000 after acquiring an additional 1,400 shares during the period. Commonwealth Bank of Australia lifted its stake in Robert Half International by 4.4% in the second quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock worth $130,000 after acquiring an additional 114 shares during the period. Globeflex Capital L P purchased a new stake in Robert Half International in the second quarter worth $197,000. Hikari Power Ltd purchased a new stake in Robert Half International in the second quarter worth $204,000. Finally, Bremer Trust National Association purchased a new stake in Robert Half International in the third quarter worth $205,000. 84.03% of the stock is owned by institutional investors.
Robert Half International Inc. (RHI) opened at $52.34 on Friday. The stock has a market capitalization of $6,604.47, a price-to-earnings ratio of 20.53 and a beta of 1.29. Robert Half International Inc. has a twelve month low of $37.37 and a twelve month high of $53.50.
Robert Half International (NYSE:RHI) last posted its quarterly earnings data on Tuesday, October 24th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.34 billion. Robert Half International had a return on equity of 29.13% and a net margin of 6.20%. Robert Half International’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 EPS. equities analysts expect that Robert Half International Inc. will post 2.58 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.96 dividend on an annualized basis and a yield of 1.83%. Robert Half International’s dividend payout ratio (DPR) is 37.65%.
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RHI has been the subject of a number of research analyst reports. ValuEngine raised Robert Half International from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Nomura raised their price target on Robert Half International from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a research note on Friday, October 13th. BMO Capital Markets reaffirmed a “hold” rating and issued a $49.00 price target on shares of Robert Half International in a research note on Friday, October 13th. Finally, SunTrust Banks, Inc. lowered Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 price target for the company. in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $51.88.
Robert Half International Profile
Robert Half International Inc provides specialized staffing and risk consulting services. The Company provides these services through its divisions, including Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti.
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