Migdal Insurance & Financial Holdings Ltd. Sells 4,314 Shares of Robert Half International Inc. (RHI)

Migdal Insurance & Financial Holdings Ltd. lowered its position in shares of Robert Half International Inc. (NYSE:RHI) by 39.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,689 shares of the business services provider’s stock after selling 4,314 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Robert Half International were worth $320,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Robert Half International by 5.9% during the second quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock worth $653,391,000 after acquiring an additional 758,834 shares during the last quarter. BlackRock Inc. raised its position in shares of Robert Half International by 2,875.0% during the first quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock worth $486,431,000 after acquiring an additional 9,626,906 shares during the last quarter. Northern Trust Corp raised its position in shares of Robert Half International by 1.1% during the second quarter. Northern Trust Corp now owns 2,029,761 shares of the business services provider’s stock worth $97,287,000 after acquiring an additional 21,523 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Robert Half International by 28.5% during the first quarter. AQR Capital Management LLC now owns 1,892,976 shares of the business services provider’s stock worth $92,434,000 after acquiring an additional 419,414 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Robert Half International by 8.1% during the first quarter. Geode Capital Management LLC now owns 1,638,991 shares of the business services provider’s stock worth $79,944,000 after acquiring an additional 122,627 shares during the last quarter. Institutional investors own 84.10% of the company’s stock.

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RHI has been the subject of a number of recent research reports. BidaskClub downgraded Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Royal Bank Of Canada restated a “hold” rating on shares of Robert Half International in a research report on Friday, July 14th. BMO Capital Markets boosted their target price on Robert Half International from $45.00 to $49.00 and gave the stock a “market perform” rating in a research report on Friday, July 14th. Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, ValuEngine downgraded Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $49.40.

Robert Half International Inc. (RHI) traded down 0.25% during midday trading on Tuesday, reaching $51.13. The company had a trading volume of 73,057 shares. Robert Half International Inc. has a 12-month low of $34.42 and a 12-month high of $51.76. The company has a market capitalization of $6.37 billion, a PE ratio of 19.82 and a beta of 1.26. The stock has a 50-day moving average price of $47.09 and a 200 day moving average price of $46.76.

Robert Half International (NYSE:RHI) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share (EPS) 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 the consensus estimate of $1.32 billion. Robert Half International had a return on

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Robert Half International by 5.9% during the second quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock worth $653,391,000 after acquiring an additional 758,834 shares during the last quarter. BlackRock Inc. raised its position in shares of Robert Half International by 2,875.0% during the first quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock worth $486,431,000 after acquiring an additional 9,626,906 shares during the last quarter. Northern Trust Corp raised its position in shares of Robert Half International by 1.1% during the second quarter. Northern Trust Corp now owns 2,029,761 shares of the business services provider’s stock worth $97,287,000 after acquiring an additional 21,523 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Robert Half International by 28.5% during the first quarter. AQR Capital Management LLC now owns 1,892,976 shares of the business services provider’s stock worth $92,434,000 after acquiring an additional 419,414 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Robert Half International by 8.1% during the first quarter. Geode Capital Management LLC now owns 1,638,991 shares of the business services provider’s stock worth $79,944,000 after acquiring an additional 122,627 shares during the last quarter. Institutional investors own 84.10% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this story on another site, it was illegally copied and reposted in violation of U.S. & international copyright law. The correct version of this story can be read at https://ledgergazette.com/2017/10/10/migdal-insurance-financial-holdings-ltd-sells-4314-shares-of-robert-half-international-inc-rhi.html.

RHI has been the subject of a number of recent research reports. BidaskClub downgraded Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Royal Bank Of Canada restated a “hold” rating on shares of Robert Half International in a research report on Friday, July 14th. BMO Capital Markets boosted their target price on Robert Half International from $45.00 to $49.00 and gave the stock a “market perform” rating in a research report on Friday, July 14th. Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, ValuEngine downgraded Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $49.40.

Robert Half International Inc. (RHI) traded down 0.25% during midday trading on Tuesday, reaching $51.13. The company had a trading volume of 73,057 shares. Robert Half International Inc. has a 12-month low of $34.42 and a 12-month high of $51.76. The company has a market capitalization of $6.37 billion, a PE ratio of 19.82 and a beta of 1.26. The stock has a 50-day moving average price of $47.09 and a 200 day moving average price of $46.76.

Robert Half International (NYSE:RHI) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share (EPS) 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 the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business earned $0.71 earnings per share. Equities analysts forecast that Robert Half International Inc. will post $2.62 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Wednesday, August 23rd. Robert Half International’s dividend payout ratio is currently 37.21%.

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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