GW Henssler & Associates Ltd. boosted its position in Robert Half International Inc. (NYSE:RHI) by 9.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 208,234 shares of the company’s stock after buying an additional 18,134 shares during the period. GW Henssler & Associates Ltd.’s holdings in Robert Half International were worth $7,946,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in RHI. Aperio Group LLC increased its stake in Robert Half International by 6.4% in the first quarter. Aperio Group LLC now owns 35,188 shares of the company’s stock worth $1,639,000 after buying an additional 2,131 shares during the period. Teachers Advisors Inc. increased its stake in Robert Half International by 45.3% in the first quarter. Teachers Advisors Inc. now owns 269,338 shares of the company’s stock worth $12,546,000 after buying an additional 83,956 shares during the period. BlackRock Group LTD increased its stake in Robert Half International by 6.1% in the first quarter. BlackRock Group LTD now owns 1,143,947 shares of the company’s stock worth $53,285,000 after buying an additional 65,853 shares during the period. BlackRock Japan Co. Ltd increased its stake in Robert Half International by 25.5% in the first quarter. BlackRock Japan Co. Ltd now owns 218,256 shares of the company’s stock worth $10,166,000 after buying an additional 44,397 shares during the period. Finally, Royce & Associates LP increased its stake in Robert Half International by 39.4% in the first quarter. Royce & Associates LP now owns 292,340 shares of the company’s stock worth $13,617,000 after buying an additional 82,620 shares during the period. 85.17% of the stock is owned by hedge funds and other institutional investors.
Shares of Robert Half International Inc. (NYSE:RHI) traded up 1.38% during mid-day trading on Friday, hitting $38.24. The company had a trading volume of 782,935 shares. The firm has a market capitalization of $4.92 billion, a P/E ratio of 13.70 and a beta of 1.26. Robert Half International Inc. has a 12 month low of $34.34 and a 12 month high of $54.01. The firm has a 50-day moving average price of $37.87 and a 200 day moving average price of $39.56.
Robert Half International (NYSE:RHI) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by $0.02. Robert Half International had a return on equity of 35.42% and a net margin of 6.94%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. On average, equities research analysts forecast that Robert Half International Inc. will post $2.75 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, August 25th were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, August 23rd. This represents a $0.88 dividend on an annualized basis and a yield of 2.30%. Robert Half International’s payout ratio is 31.54%.
A number of equities research analysts recently commented on RHI shares. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Robert Half International in a report on Monday, June 27th. Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a report on Monday, July 4th. Bank of America Corp. downgraded Robert Half International from a “buy” rating to a “neutral” rating and set a $44.00 target price for the company. in a report on Wednesday, July 13th. BMO Capital Markets downgraded Robert Half International from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $45.00 to $36.00 in a report on Wednesday, July 27th. Finally, Royal Bank Of Canada decreased their target price on Robert Half International from $48.00 to $42.00 and set an “outperform” rating for the company in a report on Wednesday, July 27th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. Robert Half International presently has a consensus rating of “Hold” and an average price target of $45.53.
In other Robert Half International news, insider Robert W. Glass sold 30,061 shares of the stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $36.93, for a total transaction of $1,110,152.73. Following the completion of the sale, the insider now directly owns 340,972 shares of the company’s stock, valued at approximately $12,592,095.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.40% of the company’s stock.
About Robert Half International
Robert Half International Inc provides specialized staffing and risk consulting services. The Company’s divisions are Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. It operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
Want to see what other hedge funds are holding RHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robert Half International Inc. (NYSE:RHI).
Receive News & Ratings for Robert Half International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.