Huntington National Bank Has $141,000 Position in Robert Half International Inc. (RHI)
Huntington National Bank held its stake in shares of Robert Half International Inc. (NYSE:RHI) during the second quarter, Holdings Channel reports. The institutional investor owned 2,340 shares of the company’s stock at the end of the second quarter. Huntington National Bank’s holdings in Robert Half International were worth $141,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the company. Creative Planning increased its stake in shares of Robert Half International by 1.2% in the second quarter. Creative Planning now owns 2,686 shares of the company’s stock valued at $102,000 after buying an additional 33 shares in the last quarter. Oakworth Capital Inc. increased its stake in shares of Robert Half International by 18.1% in the second quarter. Oakworth Capital Inc. now owns 3,514 shares of the company’s stock valued at $146,000 after buying an additional 538 shares in the last quarter. Barnett & Company Inc. bought a new stake in shares of Robert Half International during the first quarter valued at $214,000. Atria Investments LLC bought a new stake in shares of Robert Half International during the second quarter valued at $265,000. Finally, Nikko Asset Management Americas Inc. bought a new stake in shares of Robert Half International during the first quarter valued at $266,000. 85.17% of the stock is currently owned by institutional investors.
Robert Half International Inc. (NYSE:RHI) traded down 0.16% on Friday, reaching $37.66. 1,268,183 shares of the company’s stock were exchanged. The company has a market cap of $4.84 billion, a P/E ratio of 13.49 and a beta of 1.26. Robert Half International Inc. has a 12-month low of $34.34 and a 12-month high of $54.01. The firm has a 50 day moving average of $37.90 and a 200-day moving average of $39.70.
Robert Half International (NYSE:RHI) last issued its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.02. Robert Half International had a return on equity of 35.42% and a net margin of 6.94%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. Equities analysts expect that Robert Half International Inc. will post $2.75 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Thursday, August 25th were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, August 23rd. This represents a $0.88 annualized dividend and a yield of 2.34%. Robert Half International’s payout ratio is currently 31.54%.
Several equities research analysts have weighed in on the company. Credit Suisse Group AG downgraded Robert Half International from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $37.00 to $33.00 in a research report on Monday. Royal Bank Of Canada dropped their target price on Robert Half International from $48.00 to $42.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 27th. Deutsche Bank AG began coverage on Robert Half International in a research report on Wednesday, August 17th. They set a “buy” rating and a $44.00 target price on the stock. 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. Finally, Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a research report on Monday, July 4th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. Robert Half International presently has an average rating of “Hold” and an average price target of $45.53.
In other Robert Half International news, insider Robert W. Glass sold 30,061 shares of the company’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $36.93, for a total transaction of $1,110,152.73. Following the transaction, 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 available at this link. Company insiders own 3.40% of the company’s stock.
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.
Want to see what other hedge funds are holding RHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robert Half International Inc. (NYSE:RHI).
Receive News & Ratings for Robert Half International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.