Robert Half International Inc. (RHI) COO Paul F. Gentzkow Sells 130,247 Shares

Robert Half International Inc. (NYSE:RHI) COO Paul F. Gentzkow sold 130,247 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $56.31, for a total transaction of $7,334,208.57. Following the completion of the sale, the chief operating officer now directly owns 499,733 shares of the company’s stock, valued at approximately $28,139,965.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Robert Half International Inc. (NYSE:RHI) traded up $1.60 during trading on Tuesday, hitting $56.01. 1,843,659 shares of the stock traded hands, compared to its average volume of 1,062,642. The firm has a market capitalization of $7,000.00, a PE ratio of 24.04 and a beta of 1.27. Robert Half International Inc. has a 12 month low of $42.92 and a 12 month high of $60.59.

Robert Half International (NYSE:RHI) last released its quarterly earnings results on Tuesday, January 30th. The business services provider reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. Robert Half International had a net margin of 5.52% and a return on equity of 29.31%. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the company earned $0.61 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. equities research analysts predict that Robert Half International Inc. will post 3.23 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. acquired a new position in Robert Half International during the fourth quarter worth $568,000. Meeder Asset Management Inc. boosted its holdings in Robert Half International by 20.8% during the fourth quarter. Meeder Asset Management Inc. now owns 45,156 shares of the business services provider’s stock worth $2,508,000 after purchasing an additional 7,787 shares during the last quarter. Aperio Group LLC boosted its holdings in Robert Half International by 10.2% during the fourth quarter. Aperio Group LLC now owns 88,618 shares of the business services provider’s stock worth $4,922,000 after purchasing an additional 8,179 shares during the last quarter. Alambic Investment Management L.P. boosted its holdings in Robert Half International by 47.6% during the fourth quarter. Alambic Investment Management L.P. now owns 13,900 shares of the business services provider’s stock worth $772,000 after purchasing an additional 4,480 shares during the last quarter. Finally, Family Legacy Inc. acquired a new position in Robert Half International during the fourth quarter worth $264,000. Institutional investors and hedge funds own 85.05% of the company’s stock.

Several equities research analysts have commented on the stock. Robert W. Baird reaffirmed a “buy” rating and issued a $67.00 target price on shares of Robert Half International in a research note on Wednesday, January 31st. Barclays upped their price target on shares of Robert Half International from $60.00 to $62.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Zacks Investment Research upgraded shares of Robert Half International from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. BMO Capital Markets upped their price target on shares of Robert Half International from $49.00 to $53.00 and gave the company a “market perform” rating in a report on Wednesday, October 25th. Finally, Royal Bank of Canada upped their price target on shares of Robert Half International to $62.00 and gave the company a “positive” rating in a report on Wednesday, January 31st. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Robert Half International has a consensus rating of “Hold” and an average price target of $57.22.

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Robert Half International Company Profile

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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