Macquarie Group Ltd. raised its holdings in shares of Robert Half International Inc. (NYSE:RHI) by 133.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,200 shares of the business services provider’s stock after acquiring an additional 10,400 shares during the quarter. Macquarie Group Ltd.’s holdings in Robert Half International were worth $916,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Korea Investment CORP grew its holdings in shares of Robert Half International by 13.0% during the second quarter. Korea Investment CORP now owns 98,800 shares of the business services provider’s stock worth $4,735,000 after buying an additional 11,400 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Robert Half International by 19.6% during the second quarter. Canada Pension Plan Investment Board now owns 350,058 shares of the business services provider’s stock worth $16,778,000 after buying an additional 57,401 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Robert Half International by 3.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 604,518 shares of the business services provider’s stock worth $28,975,000 after buying an additional 20,533 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of Robert Half International by 12.8% during the second quarter. DekaBank Deutsche Girozentrale now owns 12,176 shares of the business services provider’s stock worth $610,000 after buying an additional 1,382 shares in the last quarter. Finally, Sigma Planning Corp grew its holdings in shares of Robert Half International by 2.8% during the second quarter. Sigma Planning Corp now owns 23,887 shares of the business services provider’s stock worth $1,145,000 after buying an additional 655 shares in the last quarter. Hedge funds and other institutional investors own 85.34% of the company’s stock.

In other Robert Half International news, CEO Harold M. Messmer, Jr. sold 100,000 shares of Robert Half International stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $52.31, for a total transaction of $5,231,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Robert W. Glass sold 5,000 shares of Robert Half International stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $54.93, for a total transaction of $274,650.00. Following the transaction, the insider now directly owns 321,428 shares in the company, 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 Inc. (NYSE:RHI) traded up $1.15 during trading on Monday, reaching $54.68. 991,600 shares of the company were exchanged, compared to its average volume of 1,064,368. Robert Half International Inc. has a 52-week low of $42.92 and a 52-week high of $57.67. The stock has a market capitalization of $6,854.13, a P/E ratio of 21.44 and a beta of 1.32.

Robert Half International (NYSE:RHI) last released its earnings results on Tuesday, October 24th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). Robert Half International had a net margin of 6.20% and a return on equity of 29.13%. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the firm posted $0.71 earnings per share. Robert Half International’s revenue for the quarter was down 1.0% compared to the same quarter last year. sell-side analysts anticipate that Robert Half International Inc. will post 2.58 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.96 dividend on an annualized basis and a yield of 1.76%. Robert Half International’s dividend payout ratio (DPR) is 37.65%.

A number of brokerages have recently commented on RHI. ValuEngine downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub downgraded shares of Robert Half International from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Macquarie downgraded shares of Robert Half International from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $56.66 to $42.00 in a report on Tuesday, December 5th. BMO Capital Markets reiterated a “hold” rating and set a $49.00 price target on shares of Robert Half International in a report on Friday, October 13th. Finally, Zacks Investment Research upgraded shares of Robert Half International from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, six have assigned 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 $50.78.

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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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