Robeco Institutional Asset Management B.V. Grows Position in Robert Half International Inc. (RHI)

Robeco Institutional Asset Management B.V. lifted its stake in Robert Half International Inc. (NYSE:RHI) by 23.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,393 shares of the business services provider’s stock after buying an additional 19,290 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.08% of Robert Half International worth $5,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of RHI. Ameriprise Financial Inc. grew its holdings in Robert Half International by 11.6% during the 1st quarter. Ameriprise Financial Inc. now owns 97,974 shares of the business services provider’s stock valued at $4,785,000 after buying an additional 10,208 shares in the last quarter. OppenheimerFunds Inc. boosted its holdings in shares of Robert Half International by 6.3% in the 1st quarter. OppenheimerFunds Inc. now owns 13,069 shares of the business services provider’s stock worth $638,000 after purchasing an additional 773 shares during the period. Thrivent Financial For Lutherans boosted its holdings in shares of Robert Half International by 5.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 4,710 shares of the business services provider’s stock worth $230,000 after purchasing an additional 240 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Robert Half International by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 641,811 shares of the business services provider’s stock worth $31,338,000 after purchasing an additional 8,881 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of Robert Half International by 50.9% in the 1st quarter. Morgan Stanley now owns 501,786 shares of the business services provider’s stock worth $24,502,000 after purchasing an additional 169,205 shares during the period. 83.92% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $52.31, for a total value of $5,231,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.40% of the company’s stock.

A number of equities research analysts recently issued reports on RHI shares. Credit Suisse Group AG raised their price target on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 25th. Zacks Investment Research lowered Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. SunTrust Banks, Inc. lowered Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 target price for the company. in a research report on Wednesday, October 11th. BidaskClub raised Robert Half International from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a research report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Robert Half International currently has an average rating of “Hold” and a consensus price target of $51.88.

Robert Half International Inc. (NYSE:RHI) traded up $0.63 during midday trading on Tuesday, reaching $53.53. The company had a trading volume of 920,400 shares, compared to its average volume of 1,063,591. The firm has a market cap of $6,631.00, a PE ratio of 20.75 and a beta of 1.29. Robert Half International Inc. has a 12 month low of $42.92 and a 12 month high of $53.70.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be given a $0.24 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $0.96 annualized dividend and a yield of 1.79%. Robert Half International’s payout ratio is 37.65%.

About Robert Half International

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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