Boston Partners cut its position in shares of Robert Half International Inc. (NYSE:RHI) by 4.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,228,057 shares of the business services provider’s stock after selling 301,415 shares during the period. Boston Partners’ holdings in Robert Half International were worth $298,511,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new position in shares of Robert Half International during the fourth quarter worth $218,000. Highbridge Capital Management LLC bought a new position in shares of Robert Half International during the fourth quarter worth $226,000. Macquarie Group Ltd. raised its position in shares of Robert Half International by 66.0% in the fourth quarter. Macquarie Group Ltd. now owns 12,069 shares of the business services provider’s stock worth $589,000 after buying an additional 4,800 shares during the period. Gulf International Bank UK Ltd raised its position in shares of Robert Half International by 0.5% in the first quarter. Gulf International Bank UK Ltd now owns 41,172 shares of the business services provider’s stock worth $2,010,000 after buying an additional 200 shares during the period. Finally, Bank of Montreal Can raised its position in shares of Robert Half International by 113.2% in the first quarter. Bank of Montreal Can now owns 123,672 shares of the business services provider’s stock worth $6,039,000 after buying an additional 65,665 shares during the period. Institutional investors own 86.50% of the company’s stock.

Robert Half International Inc. (NYSE:RHI) opened at 43.42 on Friday. Robert Half International Inc. has a 12-month low of $34.42 and a 12-month high of $50.98. The company’s 50 day moving average is $46.94 and its 200 day moving average is $47.22. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 16.83 and a beta of 1.23.

Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by $0.02. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robert Half International had a return on equity of 29.97% and a net margin of 6.29%. The business’s revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.71 earnings per share. On average, equities analysts anticipate that Robert Half International Inc. will post $2.62 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.21%. The ex-dividend date is Wednesday, August 23rd. Robert Half International’s dividend payout ratio is 37.21%.

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Several equities analysts recently weighed in on the stock. BMO Capital Markets restated a “hold” rating and set a $45.00 target price on shares of Robert Half International in a report on Friday, April 21st. ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Zacks Investment Research lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Royal Bank Of Canada restated a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Finally, BidaskClub lowered shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $47.25.

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.

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

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