Robert Half International Inc. (RHI) Position Reduced by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt decreased its position in shares of Robert Half International Inc. (NYSE:RHI) by 22.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,760 shares of the business services provider’s stock after selling 17,400 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Robert Half International were worth $3,264,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Thrivent Financial For Lutherans grew its position in Robert Half International by 2.3% in the second quarter. Thrivent Financial For Lutherans now owns 4,820 shares of the business services provider’s stock worth $231,000 after buying an additional 110 shares during the last quarter. Zurich Insurance Group Ltd FI grew its position in Robert Half International by 0.7% in the second quarter. Zurich Insurance Group Ltd FI now owns 18,300 shares of the business services provider’s stock worth $877,000 after buying an additional 133 shares during the last quarter. Mutual of America Capital Management LLC grew its position in Robert Half International by 1.8% in the second quarter. Mutual of America Capital Management LLC now owns 15,646 shares of the business services provider’s stock worth $750,000 after buying an additional 277 shares during the last quarter. QS Investors LLC grew its position in Robert Half International by 4.8% in the second quarter. QS Investors LLC now owns 8,279 shares of the business services provider’s stock worth $397,000 after buying an additional 376 shares during the last quarter. Finally, Norinchukin Bank The grew its position in Robert Half International by 6.3% in the second quarter. Norinchukin Bank The now owns 8,826 shares of the business services provider’s stock worth $423,000 after buying an additional 521 shares during the last quarter. 85.24% of the stock is currently owned by hedge funds and other institutional investors.

In other Robert Half International news, insider Robert W. Glass sold 5,000 shares of Robert Half International stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $54.93, for a total transaction of $274,650.00. Following the transaction, the insider now directly owns 321,428 shares in the company, valued at approximately $17,656,040.04. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Harold M. Messmer, Jr. sold 100,000 shares of Robert Half International stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $52.31, for a total transaction of $5,231,000.00. The disclosure for this sale can be found here. Insiders own 3.40% of the company’s stock.

Robert Half International Inc. (NYSE RHI) opened at $55.92 on Friday. Robert Half International Inc. has a 52-week low of $42.92 and a 52-week high of $57.67. The firm has a market cap of $7,159.98, a P/E ratio of 21.93 and a beta of 1.33.

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 for the quarter, missing the consensus estimate of $0.70 by ($0.02). Robert Half International had a return on equity of 29.13% and a net margin of 6.20%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the firm posted $0.71 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. sell-side analysts expect that Robert Half International Inc. will post 2.58 EPS for the current year.

Several research analysts have issued reports on the stock. Robert W. Baird lifted their price target on shares of Robert Half International from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Zacks Investment Research upgraded shares of Robert Half International from a “sell” rating to a “hold” rating in a research report on Thursday, October 26th. BMO Capital Markets lifted their price target on shares of Robert Half International from $49.00 to $53.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 25th. ValuEngine upgraded shares of Robert Half International from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Finally, Royal Bank of Canada restated a “hold” rating on shares of Robert Half International in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Robert Half International currently has a consensus rating of “Hold” and an average target price of $53.67.

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Robert Half International Company 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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