Migdal Insurance & Financial Holdings Ltd. cut its stake in shares of Robert Half International Inc. (NYSE:RHI) by 56.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,906 shares of the business services provider’s stock after selling 3,783 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Robert Half International were worth $146,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in RHI. Thrivent Financial For Lutherans lifted its stake in shares of Robert Half International by 5.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 4,710 shares of the business services provider’s stock valued at $230,000 after purchasing an additional 240 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Robert Half International by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 641,811 shares of the business services provider’s stock valued at $31,338,000 after purchasing an additional 8,881 shares during the period. Xact Kapitalforvaltning AB lifted its stake in shares of Robert Half International by 4.2% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 26,899 shares of the business services provider’s stock valued at $1,289,000 after purchasing an additional 1,089 shares during the period. Bank of Montreal Can lifted its stake in shares of Robert Half International by 33.8% in the 2nd quarter. Bank of Montreal Can now owns 165,454 shares of the business services provider’s stock valued at $7,930,000 after purchasing an additional 41,782 shares during the period. Finally, Gateway Investment Advisers LLC lifted its stake in shares of Robert Half International by 0.5% in the 2nd quarter. Gateway Investment Advisers LLC now owns 8,352 shares of the business services provider’s stock valued at $400,000 after purchasing an additional 38 shares during the period. 83.92% of the stock is currently owned by hedge funds and other institutional investors.

In other Robert Half International news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $52.31, for a total transaction of $5,231,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.40% of the company’s stock.

Shares of Robert Half International Inc. (NYSE RHI) traded up $0.35 during trading on Monday, reaching $52.90. The company had a trading volume of 461,700 shares, compared to its average volume of 1,064,248. Robert Half International Inc. has a twelve month low of $41.62 and a twelve month high of $53.50. The company has a market cap of $6,631.00, a price-to-earnings ratio of 20.75 and a beta of 1.29.

Robert Half International (NYSE:RHI) last issued its earnings results on Tuesday, October 24th. The business services provider reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.34 billion. Robert Half International had a net margin of 6.20% and a return on equity of 29.13%. The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 earnings per share. research analysts forecast that Robert Half International Inc. will post 2.58 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Wednesday, November 22nd. Robert Half International’s dividend payout ratio is currently 37.65%.

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A number of brokerages have recently issued reports on RHI. BidaskClub downgraded Robert Half International from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Robert W. Baird boosted their price objective on Robert Half International from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. ValuEngine raised Robert Half International from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. BMO Capital Markets boosted their price objective on Robert Half International from $49.00 to $53.00 and gave the company a “market perform” rating in a research note on Wednesday, October 25th. Finally, Zacks Investment Research raised Robert Half International from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $51.88.

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.

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

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