Shares of Robert Half International Inc. (NYSE:RHI) have been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $46.60.

Several equities research analysts have recently issued reports on RHI shares. ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Zacks Investment Research downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. BMO Capital Markets reaffirmed a “hold” rating and issued a $45.00 price objective on shares of Robert Half International in a report on Tuesday, July 11th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Finally, BidaskClub downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th.

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Robert Half International by 5.9% in the 2nd quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock valued at $653,391,000 after purchasing an additional 758,834 shares during the period. BlackRock Inc. boosted its holdings in Robert Half International by 2,875.0% in the 1st quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock valued at $486,431,000 after purchasing an additional 9,626,906 shares during the period. Fiduciary Management Inc. WI boosted its holdings in Robert Half International by 6.5% in the 1st quarter. Fiduciary Management Inc. WI now owns 2,200,621 shares of the business services provider’s stock valued at $107,456,000 after purchasing an additional 133,410 shares during the period. Northern Trust Corp boosted its holdings in Robert Half International by 1.1% in the 2nd quarter. Northern Trust Corp now owns 2,029,761 shares of the business services provider’s stock valued at $97,287,000 after purchasing an additional 21,523 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in Robert Half International by 28.5% in the 1st quarter. AQR Capital Management LLC now owns 1,892,976 shares of the business services provider’s stock valued at $92,434,000 after purchasing an additional 419,414 shares during the period. 84.12% of the stock is owned by hedge funds and other institutional investors.

Shares of Robert Half International (NYSE RHI) traded down 0.47% during midday trading on Wednesday, hitting $44.41. The company had a trading volume of 442,734 shares. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of 17.21 and a beta of 1.24. Robert Half International has a 12-month low of $34.42 and a 12-month high of $50.98. The company’s 50-day moving average price is $44.84 and its 200 day moving average price is $46.73.

Robert Half International (NYSE:RHI) last issued its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by $0.02. Robert Half International had a return on equity of 29.97% and a net margin of 6.29%. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the business earned $0.71 EPS. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. Equities research analysts predict that Robert Half International will post $2.62 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.15%. The ex-dividend date is Wednesday, August 23rd. Robert Half International’s payout ratio is 37.21%.

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About Robert Half International

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.

Analyst Recommendations for Robert Half International (NYSE:RHI)

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