SunTrust Banks, Inc. lowered shares of Robert Half International Inc. (NYSE:RHI) from a buy rating to a hold rating in a report published on Wednesday morning.

RHI has been the topic of several other research reports. ValuEngine raised Robert Half International from a hold rating to a buy rating in a research report on Friday, September 22nd. BMO Capital Markets reaffirmed a hold rating and set a $45.00 price target on shares of Robert Half International in a research report on Tuesday, July 11th. BidaskClub raised Robert Half International from a strong sell rating to a sell rating in a research report on Saturday, August 26th. Zacks Investment Research lowered Robert Half International from a hold rating to a sell rating in a research report on Friday, July 28th. Finally, Royal Bank Of Canada reaffirmed a hold rating on shares of Robert Half International in a research report on Friday, July 14th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $49.40.

Shares of Robert Half International (NYSE:RHI) traded up 0.33% during trading on Wednesday, reaching $48.90. The company’s stock had a trading volume of 1,202,754 shares. The stock’s 50 day moving average price is $47.44 and its 200 day moving average price is $46.79. The company has a market cap of $6.09 billion, a PE ratio of 18.95 and a beta of 1.27. Robert Half International has a 52 week low of $34.42 and a 52 week high of $51.76.

Robert Half International (NYSE:RHI) last posted its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.02). The company had revenue of $1.31 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period last year, the firm earned $0.71 EPS. Equities research analysts predict that Robert Half International will post $2.62 EPS for the current year.

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The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date was Wednesday, August 23rd. Robert Half International’s payout ratio is presently 37.21%.

Hedge funds have recently bought and sold shares of the stock. Seven Eight Capital LP increased its holdings in shares of Robert Half International by 134.7% during the 2nd quarter. Seven Eight Capital LP now owns 2,439 shares of the business services provider’s stock worth $117,000 after acquiring an additional 1,400 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Robert Half International by 6.4% during the 1st quarter. Van ECK Associates Corp now owns 2,456 shares of the business services provider’s stock worth $120,000 after acquiring an additional 148 shares during the last quarter. Commonwealth Bank of Australia increased its holdings in shares of Robert Half International by 4.4% during the 2nd quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock worth $130,000 after acquiring an additional 114 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Robert Half International during the 1st quarter worth approximately $148,000. Finally, Ameritas Investment Partners Inc. acquired a new position in shares of Robert Half International during the 1st quarter worth approximately $152,000. 84.10% of the stock is currently owned by institutional investors and hedge funds.

About Robert Half International

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.

Analyst Recommendations for Robert Half International (NYSE:RHI)

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