Captrust Financial Advisors lifted its holdings in shares of Robert Half International Inc. (NYSE:RHI) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,577 shares of the business services provider’s stock after purchasing an additional 350 shares during the quarter. Captrust Financial Advisors’ holdings in Robert Half International were worth $2,332,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in RHI. Cutler Group LP increased its holdings in shares of Robert Half International by 122.8% during the fourth quarter. Cutler Group LP now owns 400 shares of the business services provider’s stock worth $25,000 after purchasing an additional 2,152 shares during the period. Rockefeller Capital Management L.P. bought a new position in shares of Robert Half International during the fourth quarter worth approximately $38,000. Ancora Advisors LLC bought a new position in shares of Robert Half International during the fourth quarter worth approximately $47,000. Whittier Trust Co. bought a new position in shares of Robert Half International during the fourth quarter worth approximately $72,000. Finally, Islay Capital Management LLC bought a new position in shares of Robert Half International during the fourth quarter worth approximately $84,000. 93.88% of the stock is currently owned by institutional investors.
Shares of NYSE:RHI opened at $39.87 on Thursday. The company’s 50 day simple moving average is $51.01 and its 200 day simple moving average is $56.72. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 10.22, a price-to-earnings-growth ratio of 1.48 and a beta of 1.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.73 and a quick ratio of 1.73. Robert Half International Inc. has a 1 year low of $32.38 and a 1 year high of $69.08.
Robert Half International (NYSE:RHI) last issued its earnings results on Thursday, January 30th. The business services provider reported $0.98 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.98. Robert Half International had a net margin of 7.48% and a return on equity of 40.92%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the business posted $0.95 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, analysts anticipate that Robert Half International Inc. will post 4.11 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Tuesday, February 25th were given a $0.34 dividend. The ex-dividend date was Monday, February 24th. This represents a $1.36 dividend on an annualized basis and a yield of 3.41%. This is a positive change from Robert Half International’s previous quarterly dividend of $0.31. Robert Half International’s dividend payout ratio (DPR) is currently 34.87%.
Several research analysts have recently commented on RHI shares. Bank of America cut shares of Robert Half International from a “buy” rating to a “neutral” rating in a report on Friday, January 3rd. Zacks Investment Research cut shares of Robert Half International from a “hold” rating to a “sell” rating and set a $63.00 price objective on the stock. in a research note on Monday, February 3rd. Northcoast Research raised shares of Robert Half International from a “sell” rating to a “neutral” rating in a research note on Thursday, March 5th. Jefferies Financial Group started coverage on shares of Robert Half International in a research note on Wednesday, November 27th. They issued an “underperform” rating and a $50.00 price objective on the stock. Finally, Credit Suisse Group reissued a “sell” rating and issued a $53.00 price objective on shares of Robert Half International in a research note on Sunday, February 2nd. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $62.63.
Robert Half International Profile
Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.
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