Oregon Public Employees Retirement Fund Increases Stake in Robert Half International Inc. (RHI)

Oregon Public Employees Retirement Fund lifted its holdings in Robert Half International Inc. (NYSE:RHI) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,081 shares of the business services provider’s stock after purchasing an additional 1,837 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Robert Half International were worth $1,766,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RHI. Thrivent Financial For Lutherans lifted its position in shares of Robert Half International by 5.4% in the first 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Robert Half International by 1.4% in the first 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 in the last quarter. Xact Kapitalforvaltning AB lifted its position in shares of Robert Half International by 4.2% in the second quarter. Xact Kapitalforvaltning AB now owns 26,899 shares of the business services provider’s stock worth $1,289,000 after purchasing an additional 1,089 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Robert Half International by 33.8% in the second quarter. Bank of Montreal Can now owns 165,454 shares of the business services provider’s stock worth $7,930,000 after purchasing an additional 41,782 shares in the last quarter. Finally, Gateway Investment Advisers LLC lifted its position in shares of Robert Half International by 0.5% in the second quarter. Gateway Investment Advisers LLC now owns 8,352 shares of the business services provider’s stock worth $400,000 after purchasing an additional 38 shares in the last quarter. 83.92% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Robert Half International Inc. (NYSE RHI) opened at $53.53 on Tuesday. Robert Half International Inc. has a 1 year low of $42.92 and a 1 year high of $53.70. The stock has a market cap of $6,631.00, a price-to-earnings ratio of 20.75 and a beta of 1.29.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.79%. The ex-dividend date is Wednesday, November 22nd. Robert Half International’s dividend payout ratio (DPR) is currently 37.65%.

A number of brokerages have recently commented on RHI. BMO Capital Markets reissued a “hold” rating and issued a $49.00 price objective on shares of Robert Half International in a research report on Friday, October 13th. ValuEngine raised shares of Robert Half International from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. BidaskClub raised shares of Robert Half International from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a research report on Friday, October 13th. Finally, Zacks Investment Research lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $51.88.

In other Robert Half International news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $52.31, for a total transaction of $5,231,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 3.40% of the company’s stock.

Robert Half International 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.

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Institutional Ownership by Quarter for Robert Half International (NYSE:RHI)

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