NYSE:RHI - Free Report ) by 22.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,780,150 shares of the business services provider's stock after buying an additional 322,183 shares during the quarter. Mawer Investment Management Ltd. owned approximately 1.68% of Robert Half worth $156,511,000 at the end of the most recent quarter.
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Several other institutional investors and hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its holdings in Robert Half by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,634,682 shares of the business services provider's stock worth $193,069,000 after buying an additional 57,130 shares during the period. Boston Partners lifted its holdings in Robert Half by 61.5% in the 3rd quarter. Boston Partners now owns 2,395,745 shares of the business services provider's stock worth $175,400,000 after buying an additional 911,969 shares during the period. Northern Trust Corp lifted its holdings in Robert Half by 10.1% in the 3rd quarter. Northern Trust Corp now owns 1,792,144 shares of the business services provider's stock worth $131,328,000 after buying an additional 164,517 shares during the period. Invesco Ltd. lifted its stake in shares of Robert Half by 8.6% in the 3rd quarter. Invesco Ltd. now owns 1,706,986 shares of the business services provider's stock valued at $125,088,000 after purchasing an additional 135,664 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of Robert Half by 2.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,050,091 shares of the business services provider's stock valued at $76,951,000 after purchasing an additional 23,377 shares during the period. Hedge funds and other institutional investors own 92.41% of the company's stock.
Robert Half Trading Up 0.9 % NYSE:RHI traded up $0.61 during trading hours on Friday, reaching $70.76. 749,370 shares of the company traded hands, compared to its average volume of 1,339,793. The business's 50-day moving average price is $74.91 and its two-hundred day moving average price is $78.99. The stock has a market capitalization of $7.42 billion, a P/E ratio of 21.19, a P/E/G ratio of 3.30 and a beta of 1.30. Robert Half Inc. has a 1 year low of $64.65 and a 1 year high of $88.39.
Robert Half (NYSE:RHI - Get Free Report ) last posted its earnings results on Thursday, April 25th. The business services provider reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.49 billion. Robert Half had a return on equity of 22.36% and a net margin of 5.74%. The company's quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 EPS. As a group, equities analysts anticipate that Robert Half Inc. will post 2.98 EPS for the current year.
Robert Half Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Thursday, May 23rd. Robert Half's payout ratio is 63.47%.
Insiders Place Their Bets In other Robert Half news, Director Dirk A. Kempthorne sold 2,221 shares of Robert Half stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $69.66, for a total value of $154,714.86. Following the completion of the sale, the director now owns 10,713 shares of the company's stock, valued at approximately $746,267.58. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website . In related news, EVP Robert W. Glass sold 7,500 shares of Robert Half stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $80.46, for a total value of $603,450.00. Following the completion of the sale, the executive vice president now owns 186,062 shares of the company's stock, valued at $14,970,548.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Director Dirk A. Kempthorne sold 2,221 shares of Robert Half stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $69.66, for a total value of $154,714.86. Following the completion of the sale, the director now directly owns 10,713 shares of the company's stock, valued at approximately $746,267.58. The disclosure for this sale can be found here . Corporate insiders own 3.00% of the company's stock.
Analyst Ratings Changes A number of research firms have recently commented on RHI. Robert W. Baird lowered their target price on Robert Half from $84.00 to $79.00 and set an "outperform" rating for the company in a research note on Friday, April 26th. StockNews.com cut Robert Half from a "buy" rating to a "hold" rating in a research note on Friday, May 3rd. Truist Financial upgraded Robert Half from a "sell" rating to a "hold" rating and set a $72.00 target price for the company in a research note on Monday, April 22nd. Finally, BMO Capital Markets lowered their target price on Robert Half from $85.00 to $80.00 and set a "market perform" rating for the company in a research note on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Robert Half currently has a consensus rating of "Hold" and a consensus target price of $68.14.
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Robert Half Company Profile (
Free Report )
Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.
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