Robert Half International Inc. (NYSE:RHI) was the target of unusually large options trading activity on Monday. Traders purchased 1,752 put options on the company. This is an increase of 2,268% compared to the average daily volume of 74 put options.

A number of research firms have recently issued reports on RHI. Macquarie lowered shares of Robert Half International from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $56.66 to $42.00 in a research report on Tuesday. ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Robert Half International from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. BMO Capital Markets increased their price objective on Robert Half International from $49.00 to $53.00 and gave the stock a “market perform” rating in a report on Wednesday, October 25th. Finally, Credit Suisse Group increased their price objective on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Robert Half International has a consensus rating of “Hold” and an average price target of $50.78.

Robert Half International (NYSE:RHI) opened at $53.08 on Thursday. Robert Half International has a twelve month low of $42.92 and a twelve month high of $57.67. The company has a market capitalization of $7,102.32, a P/E ratio of 22.22 and a beta of 1.32.

Robert Half International (NYSE:RHI) last released its quarterly earnings data on Tuesday, October 24th. The business services provider reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). Robert Half International had a return on equity of 29.13% and a net margin of 6.20%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the company posted $0.71 EPS. The company’s quarterly revenue was down 1.0% on a year-over-year basis. equities research analysts forecast that Robert Half International will post 2.58 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be issued a dividend of $0.24 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $0.96 annualized dividend and a yield of 1.81%. Robert Half International’s dividend payout ratio (DPR) is presently 37.65%.

In other news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $52.31, for a total value of $5,231,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert W. Glass sold 5,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $54.93, for a total transaction of $274,650.00. Following the completion of the sale, the insider now directly owns 321,428 shares of the company’s stock, valued at $17,656,040.04. The disclosure for this sale can be found here. 3.40% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Robert Half International by 5.9% during the second 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 last quarter. Boston Partners grew its holdings in Robert Half International by 0.5% during the third quarter. Boston Partners now owns 6,257,630 shares of the business services provider’s stock valued at $315,009,000 after purchasing an additional 29,573 shares during the last quarter. Northern Trust Corp grew its holdings in Robert Half International by 1.1% during the second 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 last quarter. APG Asset Management N.V. grew its holdings in Robert Half International by 31.3% during the third quarter. APG Asset Management N.V. now owns 1,954,608 shares of the business services provider’s stock valued at $98,395,000 after purchasing an additional 466,400 shares during the last quarter. Finally, Lord Abbett & CO. LLC grew its holdings in Robert Half International by 42.1% during the second quarter. Lord Abbett & CO. LLC now owns 1,852,461 shares of the business services provider’s stock valued at $88,788,000 after purchasing an additional 548,507 shares during the last quarter. Institutional investors own 85.33% of the company’s stock.

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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.

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