The Congress Asset Management Co. MA Purchases 92,904 Shares of Robert Half International Inc. (RHI)

The Congress Asset Management Co. MA Purchases 92,904 Shares of Robert Half International Inc. (RHI)

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Capital World Investors boosted its stake in Robert Half International by 46.2% in the third quarter. Capital World Investors now owns 17,410 shares of the business services provider’s stock worth $659,000 after buying an additional 5,500 shares in the last quarter. Gotham Asset Management LLC boosted its stake in Robert Half International by 90.9% in the third quarter. Gotham Asset Management LLC now owns 512,202 shares of the business services provider’s stock worth $19,392,000 after buying an additional 243,918 shares in the last quarter. Perkins Investment Management LLC boosted its stake in Robert Half International by 5.7% in the third quarter. Perkins Investment Management LLC now owns 59,390 shares of the business services provider’s stock worth $2,249,000 after buying an additional 3,197 shares in the last quarter. UBS Group AG boosted its stake in Robert Half International by 11.9% in the third quarter. UBS Group AG now owns 113,235 shares of the business services provider’s stock worth $4,287,000 after buying an additional 12,040 shares in the last quarter. Finally, Spears Abacus Advisors LLC boosted its stake in Robert Half International by 4.1% in the third quarter. Spears Abacus Advisors LLC now owns 14,713 shares of the business services provider’s stock worth $557,000 after buying an additional 578 shares in the last quarter. 84.04% of the stock is currently owned by institutional investors.

Congress Asset Management Co. MA raised its stake in Robert Half International Inc. (NYSE:RHI) by 8.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,205,521 shares of the business services provider’s stock after buying an additional 92,904 shares during the period. Congress Asset Management Co. MA owned about 0.94% of Robert Half International worth $58,866,000 as of its most recent filing with the SEC.

Robert Half International Inc. (RHI) traded down 0.27% during trading on Friday, reaching $47.34. The company’s stock had a trading volume of 1,085,631 shares. Robert Half International Inc. has a 1-year low of $34.34 and a 1-year high of $50.98. The company’s 50 day moving average price is $46.65 and its 200-day moving average price is $47.41. The stock has a market cap of $5.94 billion, a P/E ratio of 17.86 and a beta of 1.18.

Robert Half International (NYSE:RHI) last issued its quarterly earnings results on Thursday, April 20th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.04. Robert Half International had a return on equity of 31.97% and a net margin of 6.54%. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the company posted $0.64 EPS. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. Equities analysts forecast that Robert Half International Inc. will post $2.67 earnings per share for the current fiscal year. The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, May 25th will be paid a $0.24 dividend. The ex-dividend date is Tuesday, May 23rd. This represents a $0.96 annualized dividend and a dividend yield of 2.03%. Robert Half International’s payout ratio is 32.96%.

Robert Half International (NYSE:RHI) last issued its quarterly earnings results on Thursday, April 20th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.04. Robert Half International had a return on equity of 31.97% and a net margin of 6.54%. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the company posted $0.64 EPS. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. Equities analysts forecast that Robert Half International Inc. will post $2.67 earnings per share for the current fiscal year. RHI has been the topic of a number of research reports. Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a research report on Tuesday, March 28th. BMO Capital Markets restated a “hold” rating and set a $45.00 price objective on shares of Robert Half International in a research report on Friday, April 21st. Finally, ValuEngine cut Robert Half International from a “buy” rating to a “hold” rating in a research report on Thursday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. Robert Half International currently has a consensus rating of “Hold” and an average price target of $46.44.

In other news, insider Robert W. Glass sold 22,237 shares of Robert Half International stock in a transaction on Wednesday, April 26th. The stock was sold at an average price of $47.35, for a total value of $1,052,921.95. Following the transaction, the insider now owns 326,428 shares in the company, valued at approximately $15,456,365.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “RHI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment