Buffington Mohr McNeal lowered its position in shares of Robert Half International Inc. (NYSE:RHI) by 0.5% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 12,650 shares of the business services provider’s stock after selling 65 shares during the period. Buffington Mohr McNeal’s holdings in Robert Half International were worth $606,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. BlackRock Inc. boosted its stake in 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 worth $486,431,000 after buying an additional 9,626,906 shares in the last quarter. Norges Bank acquired a new stake in Robert Half International during the fourth quarter worth $72,161,000. First Trust Advisors LP boosted its stake in 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 worth $40,117,000 after buying an additional 689,914 shares in the last quarter. Boston Partners boosted its stake in 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 worth $318,834,000 after buying an additional 651,348 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its stake in 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 worth $25,584,000 after buying an additional 497,636 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

Robert Half International Inc. (NYSE RHI) opened at 43.87 on Tuesday. Robert Half International Inc. has a 52-week low of $34.42 and a 52-week high of $50.98. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 17.00 and a beta of 1.23. The stock has a 50 day moving average price of $47.71 and a 200 day moving average price of $47.43.

Robert Half International (NYSE:RHI) last posted its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.64 earnings per share for the quarter, missing the Zacks’ 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 business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.71 earnings per share. Analysts anticipate that Robert Half International Inc. will post $2.62 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors 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 yield of 2.19%. Robert Half International’s payout ratio is 37.21%.

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RHI has been the subject of a number of recent analyst reports. Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. ValuEngine cut Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. BMO Capital Markets reissued a “hold” rating and issued a $45.00 target price on shares of Robert Half International in a research note on Friday, April 21st. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a research note on Friday, July 14th. Finally, BidaskClub cut Robert Half International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price 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.

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

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