Tredje AP fonden lifted its holdings in shares of Robert Half International Inc. (NYSE:RHI) by 57.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,680 shares of the business services provider’s stock after buying an additional 2,800 shares during the period. Tredje AP fonden’s holdings in Robert Half International were worth $387,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of RHI. Korea Investment CORP boosted its position 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 during the period. Canada Pension Plan Investment Board boosted its position 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 during the period. Schwab Charles Investment Management Inc. boosted its position 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 during the period. DekaBank Deutsche Girozentrale lifted its position in Robert Half International by 12.8% in the second quarter. DekaBank Deutsche Girozentrale now owns 12,176 shares of the business services provider’s stock worth $610,000 after purchasing an additional 1,382 shares during the period. Finally, Sigma Planning Corp lifted its position in Robert Half International by 2.8% in the second quarter. Sigma Planning Corp now owns 23,887 shares of the business services provider’s stock worth $1,145,000 after purchasing an additional 655 shares during the period. Institutional investors and hedge funds own 85.33% of the company’s stock.

RHI has been the subject of a number of research analyst reports. BMO Capital Markets restated a “hold” rating and issued a $49.00 target price on shares of Robert Half International in a research report on Friday, October 13th. SunTrust Banks downgraded Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 target price for the company. in a research report on Wednesday, October 11th. Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. Credit Suisse Group upped their target price on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 25th. Finally, Macquarie downgraded Robert Half International from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $56.66 to $42.00 in a research report on Tuesday, December 5th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Robert Half International has a consensus rating of “Hold” and an average price target of $50.78.

In other Robert Half International news, insider Robert W. Glass sold 5,000 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $54.93, for a total value of $274,650.00. Following the transaction, the insider now owns 321,428 shares of the company’s stock, valued at $17,656,040.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Harold M. Messmer, Jr. sold 100,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $52.31, for a total value of $5,231,000.00. 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 up $1.15 on Friday, reaching $54.68. The company’s stock had a trading volume of 978,647 shares, compared to its average volume of 985,998. The firm has a market capitalization of $6,854.14, a P/E ratio of 21.44 and a beta of 1.32. Robert Half International Inc. has a 12-month low of $42.92 and a 12-month high of $57.67.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $0.96 annualized dividend and a dividend yield of 1.76%. Robert Half International’s dividend payout ratio is currently 37.65%.

ILLEGAL ACTIVITY NOTICE: This story was published by Watch List News and is the sole property of of Watch List News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at https://www.watchlistnews.com/tredje-ap-fonden-has-387000-stake-in-robert-half-international-inc-rhi/1755845.html.

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.

Want to see what other hedge funds are holding RHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robert Half International Inc. (NYSE:RHI).

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

Receive News & Ratings for Robert Half International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.