Robert Half International Inc. (RHI) Position Raised by Commonwealth Bank of Australia

Commonwealth Bank of Australia boosted its position in shares of Robert Half International Inc. (NYSE:RHI) by 4.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,733 shares of the business services provider’s stock after buying an additional 114 shares during the quarter. Commonwealth Bank of Australia’s holdings in Robert Half International were worth $130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Robert Half International by 3.3% during the 1st 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 last quarter. BlackRock Inc. raised its holdings in Robert Half International by 2,875.0% during the 1st quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock valued at $486,431,000 after buying an additional 9,626,906 shares during the last quarter. Fiduciary Management Inc. WI raised its holdings in Robert Half International by 6.5% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,200,621 shares of the business services provider’s stock valued at $107,456,000 after buying an additional 133,410 shares during the last quarter. AQR Capital Management LLC raised its holdings in Robert Half International by 28.5% during the 1st 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 last quarter. Finally, Geode Capital Management LLC raised its holdings in Robert Half International by 8.1% during the 1st quarter. Geode Capital Management LLC now owns 1,638,991 shares of the business services provider’s stock valued at $79,944,000 after buying an additional 122,627 shares during the last quarter. Institutional investors own 84.10% of the company’s stock.

Robert Half International Inc. (RHI) opened at 47.45 on Wednesday. The firm has a 50-day moving average of $44.66 and a 200 day moving average of $46.59. The company has a market capitalization of $5.91 billion, a price-to-earnings ratio of 18.39 and a beta of 1.24. Robert Half International Inc. has a one year low of $34.42 and a one year high of $50.98.

Robert Half International (NYSE:RHI) last posted its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.02). The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robert Half International had a return on equity of 29.97% and a net margin of 6.29%. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.71 earnings per share. Equities research 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. Shareholders of record on Friday, August 25th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend was Wednesday, August 23rd. Robert Half International’s payout ratio is 37.21%.

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A number of equities research analysts recently commented on RHI shares. BidaskClub lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Royal Bank Of Canada reiterated a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Zacks Investment Research lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. BMO Capital Markets upped their price target on shares of Robert Half International from $45.00 to $49.00 and gave the company a “market perform” rating in a report on Friday, July 14th. Finally, ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Robert Half International presently has an average rating of “Hold” and a consensus price target of $47.86.

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.

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

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