Skandinaviska Enskilda Banken AB publ continued to hold its position in shares of Robert Half International Inc. (NYSE:RHI) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,333 shares of the company’s stock at the end of the third quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Robert Half International were worth $543,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Sterling Capital Management LLC acquired a new position in shares of Robert Half International during the second quarter worth about $55,821,000. Bank of Montreal Can acquired a new position in shares of Robert Half International during the second quarter worth about $37,277,000. PGGM Investments acquired a new position in shares of Robert Half International during the second quarter worth about $30,624,000. AQR Capital Management LLC raised its position in shares of Robert Half International by 33.0% in the second quarter. AQR Capital Management LLC now owns 2,530,075 shares of the company’s stock worth $96,548,000 after buying an additional 627,746 shares during the period. Finally, APG Asset Management N.V. raised its position in shares of Robert Half International by 208.7% in the third quarter. APG Asset Management N.V. now owns 888,028 shares of the company’s stock worth $33,621,000 after buying an additional 600,315 shares during the period. Hedge funds and other institutional investors own 84.39% of the company’s stock.
Shares of Robert Half International Inc. (NYSE:RHI) traded down 1.54% during trading on Thursday, reaching $48.59. The company had a trading volume of 1,049,825 shares. Robert Half International Inc. has a 52 week low of $34.34 and a 52 week high of $50.98. The firm has a 50-day moving average of $48.48 and a 200 day moving average of $41.18. The firm has a market capitalization of $6.20 billion, a price-to-earnings ratio of 17.54 and a beta of 1.14.
Robert Half International (NYSE:RHI) last posted its earnings results on Wednesday, October 26th. The company reported $0.71 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.71. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. Robert Half International had a return on equity of 34.09% and a net margin of 6.79%. Robert Half International’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. On average, equities research analysts forecast that Robert Half International Inc. will post $2.70 earnings per share for the current year.
RHI has been the topic of a number of recent analyst reports. Northcoast Research lowered Robert Half International from a “neutral” rating to a “sell” rating in a research report on Thursday, September 29th. Credit Suisse Group AG lowered Robert Half International from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $37.00 to $33.00 in a report on Monday, October 3rd. Zacks Investment Research lowered Robert Half International from a “buy” rating to a “sell” rating in a report on Friday, October 28th. William Blair lowered Robert Half International from an “outperform” rating to a “market perform” rating in a report on Thursday, October 27th. Finally, Deutsche Bank AG set a $44.00 price objective on Robert Half International and gave the company a “buy” rating in a report on Tuesday, October 18th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. Robert Half International currently has a consensus rating of “Hold” and a consensus target price of $47.13.
About Robert Half International
Robert Half International Inc provides specialized staffing and risk consulting services. The Company’s divisions are Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. It operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
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