Shares of Robert Half International Inc. (NYSE:RHI) have been assigned an average recommendation of “Hold” from the twelve ratings firms that are covering the company, MarketBeat reports. Three 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. The average 1-year price objective among analysts that have covered the stock in the last year is $51.25.

A number of equities analysts have weighed in on the company. Macquarie lowered Robert Half International from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $56.66 to $42.00 in a research note on Tuesday, December 5th. ValuEngine lowered Robert Half International from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded Robert Half International from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. BMO Capital Markets upped their target price on Robert Half International from $49.00 to $53.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 25th. Finally, Credit Suisse Group upped their target price on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 25th.

In other news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the stock in a transaction dated 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 SEC, which is available through the SEC website. Also, insider Robert W. Glass sold 5,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $54.93, for a total value of $274,650.00. Following the transaction, the insider now owns 321,428 shares in the company, valued at $17,656,040.04. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of RHI. Schwab Charles Investment Management Inc. grew its position in Robert Half International by 3.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 604,518 shares of the business services provider’s stock worth $28,975,000 after acquiring an additional 20,533 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in Robert Half International by 12.8% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 12,176 shares of the business services provider’s stock worth $610,000 after acquiring an additional 1,382 shares during the last quarter. LMR Partners LLP grew its position in Robert Half International by 105.0% during the 2nd quarter. LMR Partners LLP now owns 13,400 shares of the business services provider’s stock worth $642,000 after acquiring an additional 6,863 shares during the last quarter. State of Wisconsin Investment Board grew its position in Robert Half International by 21.2% during the 2nd quarter. State of Wisconsin Investment Board now owns 160,242 shares of the business services provider’s stock worth $7,680,000 after acquiring an additional 28,030 shares during the last quarter. Finally, Legal & General Group Plc grew its position in Robert Half International by 8.7% during the 2nd quarter. Legal & General Group Plc now owns 705,577 shares of the business services provider’s stock worth $33,819,000 after acquiring an additional 56,578 shares during the last quarter. Institutional investors and hedge funds own 85.34% of the company’s stock.

Shares of Robert Half International (NYSE RHI) traded down $0.13 on Friday, reaching $54.22. The company had a trading volume of 875,000 shares, compared to its average volume of 1,059,466. The stock has a market cap of $6,812.76, a PE ratio of 21.31 and a beta of 1.32. Robert Half International has a twelve month low of $42.92 and a twelve month high of $57.67.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.24 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $0.96 annualized dividend and a dividend yield of 1.77%. Robert Half International’s dividend payout ratio (DPR) is presently 37.65%.

COPYRIGHT VIOLATION NOTICE: This article was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/12/15/robert-half-international-inc-rhi-receives-consensus-recommendation-of-hold-from-brokerages.html.

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.

Analyst Recommendations for Robert Half International (NYSE:RHI)

Receive News & Stock Ratings for Robert Half International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International and related stocks with our FREE daily email newsletter.