10,694 Shares in Robert Half International Inc. (RHI) Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. acquired a new position in Robert Half International Inc. (NYSE:RHI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 10,694 shares of the business services provider’s stock, valued at approximately $538,000.

Several other institutional investors and hedge funds have also made changes to their positions in RHI. Janus Henderson Group PLC grew its stake in shares of Robert Half International by 4,051.8% in the 2nd quarter. Janus Henderson Group PLC now owns 921,072 shares of the business services provider’s stock worth $44,147,000 after purchasing an additional 898,887 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Robert Half International by 5.9% in the second quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock worth $653,391,000 after buying an additional 758,834 shares during the period. Lord Abbett & CO. LLC boosted its holdings in shares of Robert Half International by 42.1% in the second quarter. Lord Abbett & CO. LLC now owns 1,852,461 shares of the business services provider’s stock worth $88,788,000 after buying an additional 548,507 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Robert Half International by 153.8% in the second quarter. JPMorgan Chase & Co. now owns 888,822 shares of the business services provider’s stock worth $42,601,000 after buying an additional 538,557 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new position in shares of Robert Half International in the third quarter worth about $24,741,000. 83.92% of the stock is currently owned by institutional investors.

Several research analysts have commented on RHI shares. Nomura raised their target price on shares of Robert Half International from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. ValuEngine upgraded shares of Robert Half International from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Royal Bank Of Canada reiterated a “hold” rating on shares of Robert Half International in a report on Friday, October 13th. BMO Capital Markets restated a “hold” rating and set a $49.00 price target on shares of Robert Half International in a report on Friday, October 13th. Finally, SunTrust Banks, Inc. cut shares of Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 price target for the company. in a report on Wednesday, October 11th. Two equities 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’s stock. The company currently has an average rating of “Hold” and a consensus price target of $51.88.

Shares of Robert Half International Inc. (NYSE:RHI) opened at $54.90 on Friday. The stock has a market cap of $6,881.72, a P/E ratio of 21.53 and a beta of 1.29. Robert Half International Inc. has a one year low of $42.92 and a one year high of $55.22.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Wednesday, November 22nd. Robert Half International’s dividend payout ratio is 37.65%.

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In other news, CEO Harold M. Messmer, Jr. sold 100,000 shares of Robert Half International stock in a transaction that occurred 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.40% of the company’s stock.

Robert Half International Company Profile

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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