2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. raised its stake in shares of Robert Half Inc. ( NYSE:RHI – Free Report ) by 32.
2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 146,717 shares of the business services provider’s stock after purchasing an additional 35,729 shares during the period. Envestnet Asset Management Inc.
’s holdings in Robert Half were worth $10,338,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors have also recently made changes to their positions in RHI. Mitsubishi UFJ Asset Management Co.
Ltd. increased its stake in Robert Half by 613.7% in the 4th quarter.
Mitsubishi UFJ Asset Management Co. Ltd. now owns 364 shares of the business services provider’s stock worth $25,000 after acquiring an additional 313 shares during the last quarter.
Headlands Technologies LLC purchased a new stake in Robert Half during the fourth quarter valued at $26,000. Signaturefd LLC grew its stake in shares of Robert Half by 121.3% in the 4th quarter.
Signaturefd LLC now owns 436 shares of the business services provider’s stock worth $31,000 after buying an additional 239 shares in the last quarter. Eastern Bank bought a new stake in shares of Robert Half in the 4th quarter worth about $35,000. Finally, V Square Quantitative Management LLC raised its position in shares of Robert Half by 70.
6% during the 4th quarter. V Square Quantitative Management LLC now owns 679 shares of the business services provider’s stock valued at $48,000 after buying an additional 281 shares in the last quarter. Hedge funds and other institutional investors own 92.
41% of the company’s stock. Robert Half Stock Performance Shares of NYSE:RHI opened at $45.40 on Friday.
The firm’s 50 day simple moving average is $54.25 and its 200-day simple moving average is $64.66.
Robert Half Inc. has a one year low of $44.97 and a one year high of $78.
41. The firm has a market cap of $4.63 billion, a PE ratio of 18.
61 and a beta of 1.13. Robert Half Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th.
Shareholders of record on Tuesday, February 25th were issued a dividend of $0.59 per share. This represents a $2.
36 annualized dividend and a yield of 5.20%. This is a boost from Robert Half’s previous quarterly dividend of $0.
53. The ex-dividend date of this dividend was Tuesday, February 25th. Robert Half’s dividend payout ratio is presently 96.
72%. Wall Street Analyst Weigh In Several equities research analysts have weighed in on the company. BNP Paribas raised Robert Half from an “underperform” rating to an “outperform” rating and set a $71.
50 price objective on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. lowered their price target on Robert Half from $69.
00 to $65.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Truist Financial reduced their target price on shares of Robert Half from $90.
00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday. StockNews.
com downgraded shares of Robert Half from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Barclays decreased their price objective on shares of Robert Half from $80.00 to $50.
00 and set an “equal weight” rating for the company in a research note on Thursday, April 10th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.
com, the stock has a consensus rating of “Hold” and a consensus target price of $64.92. Check Out Our Latest Stock Report on RHI About Robert Half ( Free Report ) Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia.
The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support. Further Reading 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 Inc. ( NYSE:RHI – Free Report ). Receive News & Ratings for Robert Half Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half and related companies with MarketBeat.
com's FREE daily email newsletter ..
