Corient Private Wealth LLC Purchases 6,055 Shares of Robert Half Inc. (NYSE:RHI)

Corient Private Wealth LLC lifted its position in Robert Half Inc. (NYSE:RHIFree Report) by 32.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,891 shares of the business services provider’s stock after acquiring an additional 6,055 shares during the period. Corient Private Wealth LLC’s holdings in Robert Half were worth $2,188,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC raised its position in shares of Robert Half by 55.0% in the 4th quarter. Venturi Wealth Management LLC now owns 420 shares of the business services provider’s stock worth $37,000 after acquiring an additional 149 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Robert Half in the 4th quarter worth approximately $46,000. CoreFirst Bank & Trust grew its stake in shares of Robert Half by 440.0% in the 3rd quarter. CoreFirst Bank & Trust now owns 540 shares of the business services provider’s stock worth $40,000 after buying an additional 440 shares during the last quarter. Orion Capital Management LLC purchased a new stake in shares of Robert Half in the 3rd quarter worth approximately $43,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Robert Half by 72.2% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 620 shares of the business services provider’s stock worth $55,000 after buying an additional 260 shares during the last quarter. Institutional investors own 92.41% of the company’s stock.

Robert Half Stock Performance

Shares of Robert Half stock opened at $64.05 on Friday. Robert Half Inc. has a one year low of $63.79 and a one year high of $88.39. The stock’s fifty day moving average is $72.02 and its 200 day moving average is $78.46. The stock has a market cap of $6.72 billion, a P/E ratio of 19.18, a P/E/G ratio of 5.35 and a beta of 1.30.

Robert Half (NYSE:RHIGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Robert Half had a return on equity of 22.36% and a net margin of 5.74%. The business’s quarterly revenue was down 14.0% on a year-over-year basis. During the same period last year, the firm earned $1.14 earnings per share. Analysts predict that Robert Half Inc. will post 2.92 EPS for the current year.

Robert Half Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 24th will be given a $0.53 dividend. The ex-dividend date is Thursday, May 23rd. This represents a $2.12 annualized dividend and a yield of 3.31%. Robert Half’s dividend payout ratio is currently 63.47%.

Insider Buying and Selling

In other Robert Half news, Director Dirk A. Kempthorne sold 2,221 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $69.66, for a total transaction of $154,714.86. Following the completion of the transaction, the director now owns 10,713 shares in the company, valued at $746,267.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Robert Half news, EVP Robert W. Glass sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $80.46, for a total transaction of $603,450.00. Following the completion of the transaction, the executive vice president now owns 186,062 shares in the company, valued at $14,970,548.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dirk A. Kempthorne sold 2,221 shares of Robert Half stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $69.66, for a total transaction of $154,714.86. Following the sale, the director now directly owns 10,713 shares of the company’s stock, valued at approximately $746,267.58. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. StockNews.com upgraded Robert Half from a “hold” rating to a “buy” rating in a research note on Wednesday. Robert W. Baird dropped their price target on Robert Half from $84.00 to $79.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Finally, Truist Financial raised Robert Half from a “sell” rating to a “hold” rating and set a $72.00 target price on the stock in a report on Monday, April 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $68.14.

Check Out Our Latest Stock Report on Robert Half

Robert Half Profile

(Free Report)

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.

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

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