Louisiana State Employees Retirement System continued to hold its position in Robert Half International Inc. (NYSE:RHI) during the second quarter, Holdings Channel reports. The fund owned 7,900 shares of the business services provider’s stock at the end of the second quarter. Louisiana State Employees Retirement System’s holdings in Robert Half International were worth $379,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of RHI. Van ECK Associates Corp boosted its position in Robert Half International by 6.4% in the first quarter. Van ECK Associates Corp now owns 2,456 shares of the business services provider’s stock worth $120,000 after buying an additional 148 shares during the last quarter. TrimTabs Asset Management LLC boosted its position in Robert Half International by 89.1% in the first quarter. TrimTabs Asset Management LLC now owns 2,819 shares of the business services provider’s stock worth $138,000 after buying an additional 1,328 shares during the last quarter. Lazard Asset Management LLC purchased a new position in Robert Half International during the first quarter worth about $148,000. Ameritas Investment Partners Inc. purchased a new position in Robert Half International during the first quarter worth about $152,000. Finally, Daiwa Securities Group Inc. boosted its position in Robert Half International by 16.1% in the first quarter. Daiwa Securities Group Inc. now owns 3,600 shares of the business services provider’s stock worth $176,000 after buying an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 84.72% of the company’s stock.

Robert Half International Inc. (NYSE RHI) traded down 0.3181% during midday trading on Tuesday, hitting $43.8401. The stock had a trading volume of 197,757 shares. The company has a market capitalization of $5.46 billion, a PE ratio of 16.9923 and a beta of 1.23. Robert Half International Inc. has a 1-year low of $34.42 and a 1-year high of $50.98. The stock’s 50-day moving average is $46.72 and its 200-day moving average is $47.10.

Robert Half International (NYSE:RHI) last released its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by $0.02. The company had revenue of $1.31 billion during 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 company’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.71 EPS. Equities research analysts forecast that Robert Half International Inc. will post $2.62 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a $0.24 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.96 annualized dividend and a yield of 2.18%. Robert Half International’s dividend payout ratio is currently 37.21%.

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A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BidaskClub cut Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BMO Capital Markets reiterated a “hold” rating and issued a $45.00 price objective on shares of Robert Half International in a report on Tuesday, July 11th. Royal Bank Of Canada reiterated a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Finally, ValuEngine cut Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Four analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Robert Half International currently has a consensus rating of “Hold” and a consensus price target of $47.25.

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.

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

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