Alpha Quant Advisors LLC Purchases 282 Shares of Robert Half International Inc. (RHI)

Alpha Quant Advisors LLC boosted its position in shares of Robert Half International Inc. (NYSE:RHI) by 125.9% in the 1st quarter, Holdings Channel reports. The firm owned 506 shares of the business services provider’s stock after buying an additional 282 shares during the quarter. Alpha Quant Advisors LLC’s holdings in Robert Half International were worth $33,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. bought a new stake in Robert Half International during the 4th quarter worth about $30,000. CSat Investment Advisory L.P. raised its holdings in Robert Half International by 91.0% during the 4th quarter. CSat Investment Advisory L.P. now owns 617 shares of the business services provider’s stock worth $35,000 after purchasing an additional 294 shares during the last quarter. WP Advisors LLC bought a new stake in Robert Half International during the 1st quarter worth about $47,000. Tributary Capital Management LLC bought a new stake in Robert Half International during the 4th quarter worth about $47,000. Finally, Doyle Wealth Management bought a new stake in Robert Half International during the 4th quarter worth about $89,000. 94.35% of the stock is owned by hedge funds and other institutional investors.

Shares of RHI stock opened at $57.01 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market capitalization of $6.57 billion, a PE ratio of 15.79, a P/E/G ratio of 1.78 and a beta of 1.28. Robert Half International Inc. has a one year low of $52.79 and a one year high of $79.91.

Robert Half International (NYSE:RHI) last announced its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $0.93 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.02). The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.50 billion. Robert Half International had a net margin of 7.63% and a return on equity of 40.97%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the company earned $0.80 earnings per share. As a group, sell-side analysts expect that Robert Half International Inc. will post 3.98 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 24th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.18%. Robert Half International’s dividend payout ratio (DPR) is presently 34.35%.

Several analysts have weighed in on the company. Royal Bank of Canada assumed coverage on Robert Half International in a report on Tuesday, April 16th. They set a “sector perform” rating for the company. Zacks Investment Research cut Robert Half International from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. ValuEngine raised Robert Half International from a “hold” rating to a “buy” rating in a research note on Wednesday, January 30th. BMO Capital Markets lowered their price target on Robert Half International from $68.00 to $62.00 and set a “market perform” rating for the company in a research note on Thursday, April 25th. Finally, SunTrust Banks upped their price target on Robert Half International to $70.00 and gave the company a “hold” rating in a research note on Wednesday, January 30th. Three research analysts have rated the stock with a sell rating, six have assigned 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 target price of $69.40.

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About Robert Half International

Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.

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Institutional Ownership by Quarter for Robert Half International (NYSE:RHI)

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