Robert Half International Director Acquires $793,092 in Stock (RHI)
Robert Half International (NYSE:RHI) Director Andrew S. Berwick, Jr. purchased 19,768 shares of Robert Half International stock in a transaction dated Thursday, February 13th. The shares were purchased at an average price of $40.12 per share, for a total transaction of $793,092.16. Following the completion of the purchase, the director now directly owns 515,630 shares of the company’s stock, valued at approximately $20,687,076. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on RHI. Analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note on Tuesday, February 4th. They now have a $41.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Robert Half International in a research note on Friday, January 31st. They now have a $46.00 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Robert Half International from $40.00 to $44.00 in a research note on Wednesday, January 29th. They now have an “equal weight” rating on the stock. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Robert Half International presently has a consensus rating of “Buy” and an average target price of $46.00.
Robert Half International (NYSE:RHI) traded up 0.07% on Friday, hitting $40.48. The stock had a trading volume of 553,199 shares. Robert Half International has a 52 week low of $30.64 and a 52 week high of $43.06. The stock’s 50-day moving average is $41.07 and its 200-day moving average is $39.20. The company has a market cap of $5.474 billion and a price-to-earnings ratio of 22.07.
Robert Half International (NYSE:RHI) last released its earnings data on Friday, January 31st. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. Analysts expect that Robert Half International will post $2.07 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Friday, February 21st. This is a positive change from Robert Half International’s previous quarterly dividend of $0.16.
Robert Half International Inc provides specialized staffing and risk consulting services. The Company operates in three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
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