ETRADE Capital Management LLC decreased its stake in Robert Half International Inc. (NYSE:RHI) by 5.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,247 shares of the business services provider’s stock after selling 1,488 shares during the period. ETRADE Capital Management LLC’s holdings in Robert Half International were worth $1,306,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Robert Half International by 5.9% during the second quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock worth $653,391,000 after purchasing an additional 758,834 shares during the period. BlackRock Inc. grew its stake in Robert Half International by 2,875.0% during the first quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock worth $486,431,000 after purchasing an additional 9,626,906 shares during the period. Fiduciary Management Inc. WI grew its stake in Robert Half International by 6.5% during the first quarter. Fiduciary Management Inc. WI now owns 2,200,621 shares of the business services provider’s stock worth $107,456,000 after purchasing an additional 133,410 shares during the period. Northern Trust Corp grew its stake in Robert Half International by 1.1% during the second quarter. Northern Trust Corp now owns 2,029,761 shares of the business services provider’s stock worth $97,287,000 after purchasing an additional 21,523 shares during the period. Finally, AQR Capital Management LLC grew its stake in Robert Half International by 28.5% during the first quarter. AQR Capital Management LLC now owns 1,892,976 shares of the business services provider’s stock worth $92,434,000 after purchasing an additional 419,414 shares during the period. 84.10% of the stock is owned by institutional investors.

Shares of Robert Half International Inc. (NYSE:RHI) opened at 48.60 on Friday. The firm has a 50-day moving average price of $44.66 and a 200-day moving average price of $46.59. The firm has a market cap of $6.06 billion, a PE ratio of 18.84 and a beta of 1.24. Robert Half International Inc. has a 52 week low of $34.42 and a 52 week high of $50.98.

Robert Half International (NYSE:RHI) last released 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 business had revenue of $1.31 billion for 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 company’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. On average, equities research analysts predict that Robert Half International Inc. will post $2.62 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Wednesday, August 23rd. Robert Half International’s payout ratio is 37.21%.

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RHI has been the subject of several recent analyst reports. ValuEngine raised Robert Half International from a “hold” rating to a “buy” rating in a research note on Friday. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a research note on Friday, July 14th. BMO Capital Markets reaffirmed a “hold” rating and set a $45.00 target price on shares of Robert Half International in a research note on Tuesday, July 11th. Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Finally, BidaskClub cut Robert Half International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $47.86.

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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