Empirical Finance LLC Takes Position in Robert Half International Inc. (NYSE:RHI)

Empirical Finance LLC purchased a new stake in shares of Robert Half International Inc. (NYSE:RHIGet Rating) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,955 shares of the business services provider’s stock, valued at approximately $218,000.

Other large investors also recently modified their holdings of the company. Russell Investments Group Ltd. increased its holdings in shares of Robert Half International by 58.2% during the third quarter. Russell Investments Group Ltd. now owns 225,181 shares of the business services provider’s stock valued at $22,937,000 after acquiring an additional 82,806 shares in the last quarter. Tributary Capital Management LLC increased its holdings in shares of Robert Half International by 4.2% during the fourth quarter. Tributary Capital Management LLC now owns 5,043 shares of the business services provider’s stock valued at $562,000 after acquiring an additional 201 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Robert Half International during the third quarter valued at $1,513,000. Wellington Management Group LLP increased its holdings in shares of Robert Half International by 190.4% during the third quarter. Wellington Management Group LLP now owns 15,178 shares of the business services provider’s stock valued at $1,523,000 after acquiring an additional 9,952 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in Robert Half International by 6.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 18,892 shares of the business services provider’s stock worth $1,895,000 after buying an additional 1,210 shares in the last quarter. Hedge funds and other institutional investors own 83.42% of the company’s stock.

RHI stock opened at $109.18 on Tuesday. Robert Half International Inc. has a twelve month low of $80.94 and a twelve month high of $125.77. The stock has a market cap of $12.08 billion, a P/E ratio of 20.41, a PEG ratio of 2.59 and a beta of 1.44. The business’s 50-day moving average price is $115.96 and its 200-day moving average price is $113.32.

Robert Half International (NYSE:RHIGet Rating) last posted its quarterly earnings data on Thursday, January 27th. The business services provider reported $1.51 earnings per share for the quarter. Robert Half International had a return on equity of 46.46% and a net margin of 9.26%. The firm had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the firm earned $0.84 EPS. The business’s quarterly revenue was up 35.7% on a year-over-year basis. As a group, equities analysts forecast that Robert Half International Inc. will post 6.2 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Friday, February 25th were given a dividend of $0.43 per share. This is a boost from Robert Half International’s previous quarterly dividend of $0.38. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date was Thursday, February 24th. Robert Half International’s payout ratio is presently 32.15%.

Several equities research analysts recently commented on the company. StockNews.com assumed coverage on Robert Half International in a report on Thursday, March 31st. They issued a “buy” rating for the company. Truist Financial raised their target price on Robert Half International from $100.00 to $120.00 in a research report on Friday, January 28th. Bank of America assumed coverage on Robert Half International in a research report on Friday, March 11th. They issued a “neutral” rating on the stock. Finally, Zacks Investment Research cut Robert Half International from a “buy” rating to a “hold” rating and set a $130.00 target price on the stock. in a research report on Wednesday, March 30th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $112.00.

About Robert Half International (Get Rating)

Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary services for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract professionals and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking and cloud, systems integration and deployment, database design and administration, and security and business continuity.

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

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