Scout Investments Inc. lowered its position in shares of Robert Half International Inc. (NYSE:RHI) by 9.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 348,726 shares of the business services provider’s stock after selling 35,388 shares during the period. Scout Investments Inc. owned approximately 0.28% of Robert Half International worth $16,714,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its stake in Robert Half International by 0.5% in the second quarter. Principal Financial Group Inc. now owns 1,328,705 shares of the business services provider’s stock worth $63,685,000 after buying an additional 6,176 shares during the last quarter. Deschutes Portfolio Strategy LLC purchased a new stake in Robert Half International during the second quarter worth approximately $206,000. Cambridge Investment Research Advisors Inc. boosted its stake in Robert Half International by 3.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 12,723 shares of the business services provider’s stock worth $610,000 after buying an additional 474 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Robert Half International by 22.1% in the second quarter. Pacer Advisors Inc. now owns 23,148 shares of the business services provider’s stock worth $1,109,000 after buying an additional 4,190 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in Robert Half International by 21.8% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 37,270 shares of the business services provider’s stock worth $1,786,000 after buying an additional 6,674 shares during the last quarter. Hedge funds and other institutional investors own 84.10% of the company’s stock.

Shares of Robert Half International Inc. (RHI) opened at 44.44 on Thursday. The company has a 50-day moving average of $45.67 and a 200 day moving average of $46.87. The stock has a market cap of $5.54 billion, a PE ratio of 17.22 and a beta of 1.23. Robert Half International Inc. has a one year low of $34.42 and a one year high of $50.98.

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

The firm also recently announced 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 is Wednesday, August 23rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.17%. Robert Half International’s payout ratio is 37.21%.

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A number of equities research analysts have recently commented on the stock. BidaskClub upgraded shares of Robert Half International from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Zacks Investment Research cut shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BMO Capital Markets increased their price target on shares of Robert Half International from $45.00 to $49.00 and gave the company a “market perform” rating in a report on Friday, July 14th. Royal Bank Of Canada reiterated a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Finally, ValuEngine cut shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Four analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $47.86.

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.

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

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