Quantamental Technologies LLC grew its stake in shares of Robert Half International Inc. (NYSE:RHI) by 29.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,579 shares of the business services provider’s stock after buying an additional 1,727 shares during the quarter. Quantamental Technologies LLC’s holdings in Robert Half International were worth $494,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc raised its holdings in shares of Robert Half International by 7.8% during the third quarter. Vanguard Group Inc now owns 14,590,476 shares of the business services provider’s stock valued at $1,026,877,000 after purchasing an additional 1,053,543 shares during the period. BlackRock Inc. increased its position in shares of Robert Half International by 12.0% during the fourth quarter. BlackRock Inc. now owns 9,860,736 shares of the business services provider’s stock worth $564,035,000 after acquiring an additional 1,056,596 shares in the last quarter. APG Asset Management N.V. increased its position in shares of Robert Half International by 13.7% during the fourth quarter. APG Asset Management N.V. now owns 2,660,008 shares of the business services provider’s stock worth $133,099,000 after acquiring an additional 319,900 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd increased its position in shares of Robert Half International by 45.1% during the fourth quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 2,544,609 shares of the business services provider’s stock worth $145,551,000 after acquiring an additional 790,358 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Robert Half International by 21.1% during the fourth quarter. Northern Trust Corp now owns 2,325,059 shares of the business services provider’s stock worth $132,994,000 after acquiring an additional 405,101 shares in the last quarter. 94.35% of the stock is currently owned by hedge funds and other institutional investors.
Shares of RHI stock traded down $0.46 during trading on Wednesday, reaching $56.55. 887,849 shares of the company’s stock traded hands, compared to its average volume of 1,151,621. The stock has a market capitalization of $6.76 billion, a P/E ratio of 15.66, a PEG ratio of 1.78 and a beta of 1.28. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.19. Robert Half International Inc. has a 1 year low of $52.79 and a 1 year high of $79.91.
Robert Half International (NYSE:RHI) last announced its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $0.93 EPS for the quarter, missing the Zacks’ consensus estimate of $0.95 by ($0.02). The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Robert Half International had a net margin of 7.63% and a return on equity of 40.97%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 earnings per share. On average, equities analysts predict that Robert Half International Inc. will post 3.98 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 24th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Thursday, May 23rd. Robert Half International’s dividend payout ratio (DPR) is currently 34.35%.
Several research firms have recently commented on RHI. Royal Bank of Canada began coverage on shares of Robert Half International in a research report on Tuesday, April 16th. They set a “sector perform” rating for the company. Zacks Investment Research downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. ValuEngine raised shares of Robert Half International from a “hold” rating to a “buy” rating in a research report on Wednesday, January 30th. BMO Capital Markets reduced their price objective on shares of Robert Half International from $68.00 to $62.00 and set a “market perform” rating for the company in a research report on Thursday, April 25th. Finally, SunTrust Banks upped their price objective on shares of Robert Half International to $70.00 and gave the stock a “hold” rating in a research report on Wednesday, January 30th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $69.40.
Robert Half International Profile
Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.
Featured Story: Quiet Period
Receive News & Ratings for Robert Half International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International and related companies with MarketBeat.com's FREE daily email newsletter.