Opus Capital Group LLC reduced its stake in Robert Half International Inc. (NYSE:RHI) by 40.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,860 shares of the business services provider’s stock after selling 3,310 shares during the period. Opus Capital Group LLC’s holdings in Robert Half International were worth $233,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. BlackRock Inc. increased its stake in shares of Robert Half International by 2,875.0% in the first quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock valued at $486,431,000 after buying an additional 9,626,906 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Robert Half International by 524.0% in the first quarter. First Trust Advisors LP now owns 821,574 shares of the business services provider’s stock valued at $40,117,000 after buying an additional 689,914 shares in the last quarter. Boston Partners increased its stake in shares of Robert Half International by 11.1% in the first quarter. Boston Partners now owns 6,529,472 shares of the business services provider’s stock valued at $318,834,000 after buying an additional 651,348 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in shares of Robert Half International by 1,888.6% in the first quarter. Cornerstone Capital Management Holdings LLC. now owns 523,985 shares of the business services provider’s stock valued at $25,584,000 after buying an additional 497,636 shares in the last quarter. Finally, Janus Capital Management LLC increased its stake in shares of Robert Half International by 2,277.0% in the first quarter. Janus Capital Management LLC now owns 465,054 shares of the business services provider’s stock valued at $22,709,000 after buying an additional 445,489 shares in the last quarter. 84.72% of the stock is owned by hedge funds and other institutional investors.

Robert Half International Inc. (NYSE RHI) opened at 43.33 on Friday. Robert Half International Inc. has a 12 month low of $34.42 and a 12 month high of $50.98. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 16.79 and a beta of 1.23. The firm has a 50-day moving average price of $46.24 and a 200 day moving average price of $47.02.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.22%. Robert Half International’s dividend payout ratio (DPR) is 37.21%.

COPYRIGHT VIOLATION WARNING: This news story was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/20/robert-half-international-inc-rhi-shares-sold-by-opus-capital-group-llc.html.

RHI has been the subject of several research analyst reports. BMO Capital Markets increased their price objective on Robert Half International from $45.00 to $49.00 and gave the stock a “market perform” rating in a research note on Friday, July 14th. Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. ValuEngine downgraded Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a research note on Friday, July 14th. Finally, BidaskClub downgraded Robert Half International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, six have given 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.

Robert Half International Company 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.

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).

Institutional Ownership by Quarter for Robert Half International (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.