WINTON GROUP Ltd Grows Stock Holdings in Robert Half Inc. $RHI

WINTON GROUP Ltd grew its position in shares of Robert Half Inc. (NYSE:RHI) by 266.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,176 shares of the business services provider’s stock after purchasing an additional 22,680 shares during the period. WINTON GROUP Ltd’s holdings in Robert Half were worth $1,059,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Robert Half during the 2nd quarter valued at about $34,000. Hantz Financial Services Inc. lifted its position in Robert Half by 952.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,105 shares of the business services provider’s stock worth $38,000 after buying an additional 1,000 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Robert Half by 362.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,239 shares of the business services provider’s stock worth $42,000 after buying an additional 971 shares in the last quarter. SJS Investment Consulting Inc. boosted its stake in Robert Half by 20,257.1% in the third quarter. SJS Investment Consulting Inc. now owns 1,425 shares of the business services provider’s stock worth $48,000 after buying an additional 1,418 shares in the last quarter. Finally, Quent Capital LLC bought a new position in Robert Half during the third quarter valued at approximately $52,000. 92.41% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on RHI shares. Zacks Research upgraded shares of Robert Half from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. lifted their target price on shares of Robert Half from $29.00 to $31.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Truist Financial boosted their price target on shares of Robert Half from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. BNP Paribas Exane lowered shares of Robert Half from a “neutral” rating to an “underperform” rating and set a $22.00 price target for the company. in a research report on Friday, December 5th. Finally, Barclays reduced their price objective on Robert Half from $36.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Friday, March 6th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $31.75.

Robert Half Stock Up 2.3%

Shares of Robert Half stock traded up $0.51 on Friday, hitting $23.27. The stock had a trading volume of 179,740 shares, compared to its average volume of 3,363,714. Robert Half Inc. has a one year low of $22.32 and a one year high of $55.24. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 17.50 and a beta of 0.90. The stock’s 50-day simple moving average is $27.12 and its two-hundred day simple moving average is $29.36.

Robert Half (NYSE:RHI) last posted its quarterly earnings results on Thursday, January 29th. The business services provider reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. Robert Half had a net margin of 2.47% and a return on equity of 10.26%. The firm’s revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.53 EPS. As a group, equities analysts predict that Robert Half Inc. will post 2.48 EPS for the current fiscal year.

Robert Half Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Wednesday, February 25th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 10.1%. The ex-dividend date of this dividend is Wednesday, February 25th. Robert Half’s dividend payout ratio is 177.44%.

About Robert Half

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.