Robert Half International Inc. (RHI) Shares Sold by State of Tennessee Treasury Department

State of Tennessee Treasury Department lessened its stake in shares of Robert Half International Inc. (NYSE:RHI) by 0.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,785 shares of the business services provider’s stock after selling 118 shares during the period. State of Tennessee Treasury Department’s holdings in Robert Half International were worth $2,865,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RHI. BlackRock Inc. raised its stake in shares of Robert Half International by 2,875.0% during the first quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock valued at $486,431,000 after acquiring an additional 9,626,906 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its holdings in Robert Half International by 1,888.6% during the first quarter. Cornerstone Capital Management Holdings LLC. now owns 523,985 shares of the business services provider’s stock valued at $25,584,000 after buying an additional 497,636 shares during the period. Janus Capital Management LLC increased its holdings in Robert Half International by 2,277.0% during the first quarter. Janus Capital Management LLC now owns 465,054 shares of the business services provider’s stock valued at $22,709,000 after buying an additional 445,489 shares during the period. AQR Capital Management LLC increased its holdings in Robert Half International by 28.5% during the first quarter. AQR Capital Management LLC now owns 1,892,976 shares of the business services provider’s stock valued at $92,434,000 after buying an additional 419,414 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Robert Half International by 3.3% during the first quarter. Vanguard Group Inc. now owns 12,873,372 shares of the business services provider’s stock valued at $628,607,000 after buying an additional 416,499 shares during the period. 84.12% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently issued reports on RHI shares. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. BMO Capital Markets reissued a “hold” rating and set a $45.00 price objective on shares of Robert Half International in a report on Tuesday, July 11th. ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Zacks Investment Research lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Finally, BidaskClub lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. Robert Half International currently has an average rating of “Hold” and a consensus target price of $47.86.

Robert Half International Inc. (RHI) opened at 46.47 on Friday. The firm has a 50-day moving average of $44.53 and a 200 day moving average of $46.62. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of 18.01 and a beta of 1.24. Robert Half International Inc. has a 12-month low of $34.42 and a 12-month high of $50.98.

Robert Half International (NYSE:RHI) last announced its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.02). Robert Half International had a net margin of 6.29% and a return on equity of 29.97%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the business posted $0.71 earnings per share. Robert Half International’s revenue for the quarter was down 2.7% compared to the same quarter last year. On average, analysts predict that Robert Half International Inc. will post $2.62 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were issued a $0.24 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.07%. Robert Half International’s payout ratio is 37.21%.

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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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