Shares of Robert Half International Inc. (NYSE:RHI) gapped up prior to trading on Thursday . The stock had previously closed at $37.55, but opened at $37.62. Robert Half International shares last traded at $38.22, with a volume of 686,372 shares trading hands.

A number of brokerages recently commented on RHI. Avondale Partners lowered Robert Half International from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $49.00 to $46.00 in a research report on Wednesday, April 27th. RBC Capital Markets set a $42.00 target price on Robert Half International and gave the company a “buy” rating in a research report on Wednesday, July 27th. Royal Bank Of Canada decreased their target price on Robert Half International from $48.00 to $42.00 and set an “outperform” rating for the company in a research report on Wednesday, July 27th. BMO Capital Markets lowered Robert Half International from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $45.00 to $36.00 in a research report on Wednesday, July 27th. Finally, Bank of America Corp. lowered Robert Half International from a “buy” rating to a “neutral” rating and set a $44.00 target price for the company. in a research report on Wednesday, July 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $46.79.

The firm has a market cap of $4.98 billion and a PE ratio of 13.88. The firm has a 50-day moving average price of $38.28 and a 200 day moving average price of $40.27.

Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.73 by $0.02. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the company posted $0.67 EPS. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Analysts forecast that Robert Half International Inc. will post $2.75 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, August 25th will be issued a $0.22 dividend. The ex-dividend date is Tuesday, August 23rd. This represents a $0.88 annualized dividend and a yield of 2.27%.

In other Robert Half International news, insider Robert W. Glass sold 30,061 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $36.93, for a total value of $1,110,152.73. Following the completion of the sale, the insider now directly owns 340,972 shares in the company, valued at $12,592,095.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Other hedge funds recently modified their holdings of the company. Morgan Stanley raised its stake in shares of Robert Half International by 120.4% in the fourth quarter. Morgan Stanley now owns 609,080 shares of the company’s stock valued at $28,711,000 after buying an additional 332,715 shares during the period. Schroder Investment Management Group bought a new stake in shares of Robert Half International during the fourth quarter valued at approximately $2,219,000. KBC Group NV raised its stake in shares of Robert Half International by 22.8% in the fourth quarter. KBC Group NV now owns 136,589 shares of the company’s stock valued at $6,439,000 after buying an additional 25,327 shares during the period. Redwood Investments LLC raised its stake in shares of Robert Half International by 25.9% in the fourth quarter. Redwood Investments LLC now owns 100,681 shares of the company’s stock valued at $4,746,000 after buying an additional 20,704 shares during the period. Finally, I.G. Investment Management LTD. raised its stake in shares of Robert Half International by 0.8% in the fourth quarter. I.G. Investment Management LTD. now owns 109,689 shares of the company’s stock valued at $5,171,000 after buying an additional 914 shares during the period.

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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