Dubuque Bank & Trust Co. Cuts Stake in Robert Half International Inc. (RHI)

Dubuque Bank & Trust Co. cut its position in Robert Half International Inc. (NYSE:RHI) by 9.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,300 shares of the business services provider’s stock after selling 2,000 shares during the period. Dubuque Bank & Trust Co.’s holdings in Robert Half International were worth $1,016,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Robert Half International by 405.1% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 1,995 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 1,600 shares during the period. Bremer Trust National Association acquired a new position in shares of Robert Half International in the third quarter valued at about $205,000. Smithfield Trust Co. acquired a new position in shares of Robert Half International in the third quarter valued at about $206,000. Advisor Partners LLC acquired a new position in shares of Robert Half International in the fourth quarter valued at about $262,000. Finally, Family Legacy Inc. acquired a new position in shares of Robert Half International in the fourth quarter valued at about $264,000. 85.05% of the stock is currently owned by institutional investors and hedge funds.

RHI has been the topic of a number of research reports. Zacks Investment Research raised Robert Half International from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. Barclays increased their price objective on Robert Half International from $60.00 to $62.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Robert W. Baird increased their price objective on Robert Half International from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Royal Bank of Canada increased their price objective on Robert Half International to $62.00 and gave the company a “positive” rating in a report on Wednesday, January 31st. Finally, Credit Suisse Group raised their target price on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $57.22.

Shares of Robert Half International Inc. (RHI) opened at $52.26 on Friday. The company has a market capitalization of $7,047.17, a PE ratio of 22.53 and a beta of 1.27. Robert Half International Inc. has a 1-year low of $42.92 and a 1-year high of $60.59.

Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, January 30th. The business services provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.63 by $0.02. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Robert Half International had a return on equity of 29.31% and a net margin of 5.52%. Robert Half International’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $0.61 earnings per share. research analysts predict that Robert Half International Inc. will post 3.23 EPS for the current fiscal year.

In related news, COO Paul F. Gentzkow sold 130,247 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $56.31, for a total transaction of $7,334,208.57. Following the sale, the chief operating officer now directly owns 499,733 shares of the company’s stock, valued at $28,139,965.23. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert W. Glass sold 5,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $54.93, for a total value of $274,650.00. Following the sale, the insider now directly owns 321,428 shares in the company, valued at $17,656,040.04. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 340,247 shares of company stock worth $19,152,409. 3.40% of the stock is owned by corporate insiders.

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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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Institutional Ownership by Quarter for Robert Half International (NYSE:RHI)

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