2 weeks Ago By Defense World Staff
Envestnet Asset Management Inc. raised its position in shares of Robert Half Inc. ( NYSE:RHI – Free Report ) by 32.
2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 146,717 shares of the business services provider’s stock after purchasing an additional 35,729 shares during the quarter. Envestnet Asset Management Inc.
owned 0.14% of Robert Half worth $10,338,000 at the end of the most recent quarter. Several other large investors have also bought and sold shares of the company.
Exchange Traded Concepts LLC increased its position in shares of Robert Half by 1.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 12,326 shares of the business services provider’s stock valued at $868,000 after acquiring an additional 166 shares in the last quarter.
Fifth Third Wealth Advisors LLC increased its holdings in shares of Robert Half by 5.8% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 3,355 shares of the business services provider’s stock worth $236,000 after purchasing an additional 183 shares in the last quarter.
Nisa Investment Advisors LLC raised its stake in shares of Robert Half by 0.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 30,716 shares of the business services provider’s stock worth $2,164,000 after purchasing an additional 205 shares during the last quarter.
Nomura Asset Management Co. Ltd. lifted its holdings in shares of Robert Half by 39.
3% during the fourth quarter. Nomura Asset Management Co. Ltd.
now owns 780 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 220 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Robert Half by 121.3% during the fourth quarter.
Signaturefd LLC now owns 436 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 239 shares in the last quarter. 92.41% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth A number of equities analysts have weighed in on RHI shares. JPMorgan Chase & Co. decreased their target price 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. BNP Paribas raised shares of Robert Half from an “underperform” rating to an “outperform” rating and set a $71.
50 price objective for the company in a report on Monday, February 10th. Barclays dropped their target price on shares of Robert Half from $80.00 to $50.
00 and set an “equal weight” rating on the stock in a report on Thursday, April 10th. Truist Financial decreased their target price on shares of Robert Half from $90.00 to $60.
00 and set a “buy” rating for the company in a research note on Tuesday. Finally, StockNews.com downgraded Robert Half from a “buy” rating to a “hold” rating in a research note on Tuesday.
Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Robert Half presently has an average rating of “Hold” and a consensus price target of $64.92.
Robert Half Trading Down 5.3 % Shares of RHI stock opened at $45.40 on Friday.
The company has a 50 day simple moving average of $54.25 and a two-hundred day simple moving average of $64.66.
The stock has a market cap of $4.63 billion, a P/E ratio of 18.61 and a beta of 1.
13. Robert Half Inc. has a 12 month low of $44.
97 and a 12 month high of $78.41. Robert Half ( NYSE:RHI – Get Free Report ) last posted its quarterly earnings data on Wednesday, January 29th.
The business services provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.
01). Robert Half had a return on equity of 17.20% and a net margin of 4.
34%. As a group, equities analysts forecast that Robert Half Inc. will post 2.
48 earnings per share for the current year. Robert Half Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.
59 per share. This is a boost from Robert Half’s previous quarterly dividend of $0.53.
This represents a $2.36 dividend on an annualized basis and a dividend yield of 5.20%.
The ex-dividend date was Tuesday, February 25th. Robert Half’s payout ratio is presently 96.72%.
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.
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