Advisor Group Inc. grew its holdings in shares of Robert Half International Inc. (NYSE:RHI) by 3.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,685 shares of the business services provider’s stock after purchasing an additional 724 shares during the quarter. Advisor Group Inc.’s holdings in Robert Half International were worth $1,123,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new position in Robert Half International during the first quarter worth about $2,817,000. Legal & General Group Plc boosted its position in Robert Half International by 8.7% during the second quarter. Legal & General Group Plc now owns 705,577 shares of the business services provider’s stock worth $33,819,000 after purchasing an additional 56,578 shares during the period. Principal Financial Group Inc. boosted its position in Robert Half International by 0.5% during the second quarter. Principal Financial Group Inc. now owns 1,328,705 shares of the business services provider’s stock worth $63,685,000 after purchasing an additional 6,176 shares during the period. Todd Asset Management LLC boosted its position in Robert Half International by 2.3% during the second quarter. Todd Asset Management LLC now owns 298,283 shares of the business services provider’s stock worth $14,297,000 after purchasing an additional 6,581 shares during the period. Finally, Morgan Stanley boosted its position in Robert Half International by 50.9% during the first quarter. Morgan Stanley now owns 501,786 shares of the business services provider’s stock worth $24,502,000 after purchasing an additional 169,205 shares during the period. Hedge funds and other institutional investors own 84.10% of the company’s stock.

A number of equities analysts have weighed in on RHI shares. ValuEngine upgraded shares of Robert Half International from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Royal Bank Of Canada restated a “hold” rating on shares of Robert Half International in a research report on Friday, July 14th. BMO Capital Markets restated a “hold” rating and issued a $45.00 price objective on shares of Robert Half International in a research report on Tuesday, July 11th. Zacks Investment Research lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, BidaskClub lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $47.86.

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Robert Half International Inc. (NYSE:RHI) opened at 50.34 on Friday. The company has a market capitalization of $6.27 billion, a price-to-earnings ratio of 19.51 and a beta of 1.24. The stock has a 50 day moving average of $44.66 and a 200-day moving average of $46.59. Robert Half International Inc. has a 52-week low of $34.42 and a 52-week 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 (EPS) 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 company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm posted $0.71 earnings per share. The company’s revenue was down 2.7% compared to the same quarter last year. On average, equities research analysts anticipate that Robert Half International Inc. will post $2.62 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were paid a $0.24 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a $0.96 annualized dividend and a yield of 1.91%. Robert Half International’s payout ratio is 37.21%.

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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