Pegasus Partners Ltd. cut its holdings in Robert Half International Inc. (NYSE:RHI) by 28.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,017 shares of the business services provider’s stock after selling 27,186 shares during the quarter. Pegasus Partners Ltd.’s holdings in Robert Half International were worth $3,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of RHI. Thrivent Financial For Lutherans grew its stake in shares of Robert Half International by 2.3% in the second quarter. Thrivent Financial For Lutherans now owns 4,820 shares of the business services provider’s stock worth $231,000 after purchasing an additional 110 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Robert Half International by 18.4% in the second quarter. Dimensional Fund Advisors LP now owns 759,712 shares of the business services provider’s stock worth $36,413,000 after purchasing an additional 117,901 shares during the last quarter. QS Investors LLC grew its stake in shares of Robert Half International by 4.8% in the second quarter. QS Investors LLC now owns 8,279 shares of the business services provider’s stock worth $397,000 after purchasing an additional 376 shares during the last quarter. Employees Retirement System of Texas grew its stake in shares of Robert Half International by 100.0% in the second quarter. Employees Retirement System of Texas now owns 18,000 shares of the business services provider’s stock worth $863,000 after purchasing an additional 9,000 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Robert Half International by 26.3% in the second quarter. Royal Bank of Canada now owns 161,568 shares of the business services provider’s stock worth $7,744,000 after purchasing an additional 33,649 shares during the last quarter. 83.83% of the stock is currently owned by institutional investors.

Shares of Robert Half International Inc. (NYSE RHI) opened at $53.60 on Tuesday. The firm has a market capitalization of $6,671.12, a P/E ratio of 20.55 and a beta of 1.27. Robert Half International Inc. has a 12-month low of $42.92 and a 12-month high of $60.59.

Robert Half International (NYSE:RHI) last posted its quarterly earnings data on Tuesday, January 30th. The business services provider reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robert Half International had a return on equity of 29.31% and a net margin of 5.52%. The business’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.61 EPS. equities analysts predict that Robert Half International Inc. will post 3.23 EPS for the current year.

In other Robert Half International news, COO Paul F. Gentzkow sold 130,247 shares of Robert Half International stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $56.31, for a total transaction of $7,334,208.57. Following the sale, the chief operating officer now directly owns 499,733 shares of the company’s stock, valued at approximately $28,139,965.23. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Paul F. Gentzkow sold 205,000 shares of Robert Half International stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $56.31, for a total value of $11,543,550.00. Following the sale, the chief operating officer now directly owns 499,733 shares in the company, valued at $28,139,965.23. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 340,247 shares of company stock worth $19,152,409. Insiders own 3.40% of the company’s stock.

Several analysts recently issued reports on the company. Robert W. Baird reissued a “buy” rating and issued a $67.00 target price on shares of Robert Half International in a research note on Wednesday, January 31st. Royal Bank of Canada raised their target price on Robert Half International to $62.00 and gave the stock a “positive” rating in a research note on Wednesday, January 31st. SunTrust Banks raised their target price on Robert Half International to $58.00 and gave the stock a “hold” rating in a research note on Wednesday, January 31st. Barclays raised their target price on Robert Half International from $60.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Finally, BMO Capital Markets raised their target price on Robert Half International from $53.00 to $58.00 and gave the stock a “market perform” rating in a research note on Friday, December 29th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $57.22.

WARNING: This piece of content was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at https://theolympiareport.com/2018/02/13/robert-half-international-inc-rhi-position-lessened-by-pegasus-partners-ltd.html.

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.

Want to see what other hedge funds are holding RHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robert Half International Inc. (NYSE:RHI).

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

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.