Aperio Group LLC reduced its position in Robert Half International Inc. (NYSE:RHI) by 6.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,826 shares of the business services provider’s stock after selling 6,192 shares during the period. Aperio Group LLC owned 0.07% of Robert Half International worth $4,162,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans bought a new stake in Robert Half International during the fourth quarter worth about $218,000. Kentucky Retirement Systems bought a new stake in Robert Half International during the fourth quarter worth about $456,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Robert Half International during the fourth quarter worth about $204,000. Highbridge Capital Management LLC bought a new stake in Robert Half International during the fourth quarter worth about $226,000. Finally, Macquarie Group Ltd. increased its stake in 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 last quarter. 87.30% of the stock is owned by hedge funds and other institutional investors.

Robert Half International Inc. (RHI) traded up 0.54% on Thursday, hitting $44.75. 307,723 shares of the stock were exchanged. The company has a 50 day moving average of $47.71 and a 200 day moving average of $47.43. Robert Half International Inc. has a one year low of $34.42 and a one year high of $50.98. The stock has a market capitalization of $5.58 billion, a P/E ratio of 17.34 and a beta of 1.23.

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

The business 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. This represents a $0.96 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Wednesday, August 23rd. Robert Half International’s dividend payout ratio (DPR) is presently 37.21%.

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A number of equities research analysts have issued reports on RHI shares. ValuEngine downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a research report on Thursday, June 1st. BMO Capital Markets reiterated a “hold” rating and issued a $45.00 target price on shares of Robert Half International in a research report on Friday, April 21st. Royal Bank Of Canada reiterated a “hold” rating on shares of Robert Half International in a research report on Friday, July 14th. Zacks Investment Research downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, BidaskClub downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock has a consensus 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.

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

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