9,728 Shares in Robert Half International Inc. (RHI) Purchased by OxFORD Asset Management LLP
OxFORD Asset Management LLP bought a new position in shares of Robert Half International Inc. (NYSE:RHI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,728 shares of the business services provider’s stock, valued at approximately $490,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. raised its stake in Robert Half International by 405.1% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 1,995 shares of the business services provider’s stock worth $100,000 after buying an additional 1,600 shares during the last quarter. Seven Eight Capital LP raised its stake in Robert Half International by 134.7% during the second quarter. Seven Eight Capital LP now owns 2,439 shares of the business services provider’s stock worth $117,000 after buying an additional 1,400 shares during the last quarter. Commonwealth Bank of Australia increased its stake in Robert Half International by 4.4% in the second quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 114 shares in the last quarter. Globeflex Capital L P bought a new stake in Robert Half International in the second quarter valued at $197,000. Finally, Hikari Power Ltd bought a new stake in Robert Half International in the second quarter valued at $204,000. 85.12% of the stock is owned by institutional investors and hedge funds.
Shares of Robert Half International Inc. (RHI) opened at $55.43 on Thursday. The company has a market cap of $6,979.48, a PE ratio of 21.74 and a beta of 1.32. Robert Half International Inc. has a 52-week low of $42.92 and a 52-week high of $57.67.
Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, October 24th. The business services provider reported $0.68 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.02). The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.34 billion. Robert Half International had a return on equity of 29.13% and a net margin of 6.20%. The company’s revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 earnings per share. equities analysts anticipate that Robert Half International Inc. will post 2.58 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 24th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Wednesday, November 22nd. Robert Half International’s payout ratio is presently 37.65%.
RHI has been the subject of several research analyst reports. ValuEngine raised shares of Robert Half International from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Nomura lifted their price target on shares of Robert Half International from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. Royal Bank of Canada reaffirmed a “hold” rating on shares of Robert Half International in a research note on Friday, October 13th. BMO Capital Markets reaffirmed a “hold” rating and issued a $49.00 price target on shares of Robert Half International in a research note on Friday, October 13th. Finally, SunTrust Banks downgraded shares of Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 price target for the company. in a research note on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $50.78.
In other news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $52.31, for a total transaction of $5,231,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert W. Glass sold 5,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $54.93, for a total transaction of $274,650.00. Following the sale, the insider now directly owns 321,428 shares of the company’s stock, valued at $17,656,040.04. The disclosure for this sale can be found here. Insiders own 3.40% of the company’s stock.
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.
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