Neuberger Berman Group LLC increased its stake in Robert Half International Inc. (NYSE:RHI) by 11.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,128 shares of the business services provider’s stock after buying an additional 1,070 shares during the period. Neuberger Berman Group LLC’s holdings in Robert Half International were worth $510,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of RHI. Vanguard Group Inc. lifted its holdings in Robert Half International by 5.9% in the second quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock worth $653,391,000 after purchasing an additional 758,834 shares during the period. Boston Partners raised its position in Robert Half International by 0.5% in the third quarter. Boston Partners now owns 6,257,630 shares of the business services provider’s stock worth $315,009,000 after acquiring an additional 29,573 shares in the last quarter. Northern Trust Corp raised its position in Robert Half International by 1.1% in the second quarter. Northern Trust Corp now owns 2,029,761 shares of the business services provider’s stock worth $97,287,000 after acquiring an additional 21,523 shares in the last quarter. APG Asset Management N.V. raised its position in Robert Half International by 31.3% in the third quarter. APG Asset Management N.V. now owns 1,954,608 shares of the business services provider’s stock worth $98,395,000 after acquiring an additional 466,400 shares in the last quarter. Finally, Lord Abbett & CO. LLC raised its position in Robert Half International by 42.1% in the second quarter. Lord Abbett & CO. LLC now owns 1,852,461 shares of the business services provider’s stock worth $88,788,000 after acquiring an additional 548,507 shares in the last quarter. Institutional investors and hedge funds own 85.12% of the company’s stock.

Shares of Robert Half International Inc. (RHI) opened at $55.81 on Thursday. The company has a market capitalization of $7,040.00, a P/E ratio of 21.80 and a beta of 1.33. Robert Half International Inc. has a 12 month low of $42.92 and a 12 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). The company had revenue of $1.32 billion for 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%. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 EPS. equities analysts anticipate that Robert Half International Inc. will post 2.58 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 24th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.72%. Robert Half International’s dividend payout ratio (DPR) is presently 37.50%.

Several analysts have issued reports on RHI shares. BMO Capital Markets restated a “hold” rating and set a $49.00 price objective on shares of Robert Half International in a report on Friday, October 13th. Royal Bank of Canada restated a “hold” rating and set a $57.00 price objective on shares of Robert Half International in a report on Wednesday, December 27th. SunTrust Banks downgraded Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 price objective on the stock. in a report on Wednesday, October 11th. Credit Suisse Group upped their target price on Robert Half International from $40.00 to $41.00 and gave the company an “underperform” rating in a report on Wednesday, October 25th. Finally, Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, October 20th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $53.70.

In other news, insider Robert W. Glass sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $54.93, for a total transaction of $274,650.00. Following the completion of the transaction, the insider now directly owns 321,428 shares in the company, valued at $17,656,040.04. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Harold M. Messmer, Jr. sold 100,000 shares of the company’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 value of $5,231,000.00. The disclosure for this sale can be found here. 3.40% of the stock is owned by insiders.

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Robert Half International 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.

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

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