Robinson Value Management Ltd. lifted its stake in shares of Robert Half International Inc. (NYSE:RHI) by 3.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 55,569 shares of the business services provider’s stock after purchasing an additional 1,842 shares during the quarter. Robert Half International accounts for about 2.6% of Robinson Value Management Ltd.’s holdings, making the stock its 10th largest position. Robinson Value Management Ltd.’s holdings in Robert Half International were worth $2,797,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. Financial Counselors Inc. grew its position in Robert Half International by 0.4% during the second quarter. Financial Counselors Inc. now owns 8,449 shares of the business services provider’s stock worth $405,000 after buying an additional 35 shares in the last quarter. Empirical Finance LLC grew its position in Robert Half International by 0.3% during the second quarter. Empirical Finance LLC now owns 22,115 shares of the business services provider’s stock worth $1,060,000 after buying an additional 73 shares in the last quarter. Thrivent Financial For Lutherans grew its position in Robert Half International by 2.3% during the second quarter. Thrivent Financial For Lutherans now owns 4,820 shares of the business services provider’s stock worth $231,000 after buying an additional 110 shares in the last quarter. Commonwealth Bank of Australia grew its position in Robert Half International by 4.4% during the second quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock worth $130,000 after buying an additional 114 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI grew its position in Robert Half International by 0.7% during the second quarter. Zurich Insurance Group Ltd FI now owns 18,300 shares of the business services provider’s stock worth $877,000 after buying an additional 133 shares in the last quarter. Institutional investors own 85.34% of the company’s stock.

In other news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $52.31, for a total value of $5,231,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert W. Glass sold 5,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $54.93, for a total value of $274,650.00. Following the completion of the transaction, the insider now owns 321,428 shares of the company’s stock, valued at $17,656,040.04. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by corporate insiders.

Robert Half International Inc. (NYSE:RHI) traded down $0.01 on Thursday, hitting $54.35. The stock had a trading volume of 732,500 shares, compared to its average volume of 1,060,235. Robert Half International Inc. has a 1 year low of $42.92 and a 1 year high of $57.67. The stock has a market cap of $6,814.02, a PE ratio of 21.32 and a beta of 1.32.

Robert Half International (NYSE:RHI) last posted its quarterly earnings data 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 return on equity of 29.13% and a net margin of 6.20%. The firm 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 company 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. equities analysts anticipate that Robert Half International Inc. will post 2.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Wednesday, November 22nd. Robert Half International’s payout ratio is currently 37.65%.

Several research firms recently commented on RHI. BMO Capital Markets restated a “hold” rating and set a $49.00 target price on shares of Robert Half International in a research report on Friday, October 13th. ValuEngine upgraded Robert Half International from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Macquarie cut Robert Half International from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $56.66 to $42.00 in a research report on Tuesday, December 5th. BidaskClub upgraded Robert Half International from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Robert Half International in a research report on Friday, October 13th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $50.78.

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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.

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

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