Robert Half Inc. (NYSE:RHI) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its holdings in Robert Half Inc. (NYSE:RHI - Free Report) by 72.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,017 shares of the business services provider's stock after buying an additional 12,617 shares during the period. BNP Paribas Financial Markets' holdings in Robert Half were worth $2,115,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Robert Half by 613.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 364 shares of the business services provider's stock worth $25,000 after acquiring an additional 313 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Robert Half during the 4th quarter worth approximately $26,000. Signaturefd LLC raised its position in shares of Robert Half by 121.3% during the 4th quarter. Signaturefd LLC now owns 436 shares of the business services provider's stock worth $31,000 after purchasing an additional 239 shares during the last quarter. GeoWealth Management LLC acquired a new position in shares of Robert Half during the 4th quarter worth approximately $35,000. Finally, V Square Quantitative Management LLC lifted its stake in Robert Half by 70.6% in the 4th quarter. V Square Quantitative Management LLC now owns 679 shares of the business services provider's stock valued at $48,000 after buying an additional 281 shares in the last quarter. 92.41% of the stock is owned by institutional investors and hedge funds.

Robert Half Stock Down 0.4%

Shares of RHI stock traded down $0.20 during mid-day trading on Thursday, hitting $45.38. 52,865 shares of the company's stock were exchanged, compared to its average volume of 1,494,075. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 18.63 and a beta of 1.06. Robert Half Inc. has a fifty-two week low of $40.00 and a fifty-two week high of $78.41. The stock has a 50-day simple moving average of $48.63 and a two-hundred day simple moving average of $61.07.

Robert Half (NYSE:RHI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.19). The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.41 billion. Robert Half had a return on equity of 17.20% and a net margin of 4.34%. The firm's quarterly revenue was down 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.61 earnings per share. As a group, analysts anticipate that Robert Half Inc. will post 2.48 earnings per share for the current fiscal year.

Robert Half Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be given a $0.59 dividend. The ex-dividend date is Friday, May 23rd. This represents a $2.36 annualized dividend and a dividend yield of 5.20%. Robert Half's dividend payout ratio is presently 118.00%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on RHI shares. JPMorgan Chase & Co. dropped their price target on Robert Half from $65.00 to $47.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Barclays reduced their price objective on Robert Half from $50.00 to $45.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. StockNews.com cut Robert Half from a "buy" rating to a "hold" rating in a research report on Tuesday, April 15th. BNP Paribas Exane downgraded shares of Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price for the company. in a research note on Friday, May 2nd. Finally, The Goldman Sachs Group reduced their target price on shares of Robert Half from $46.00 to $40.00 and set a "sell" rating on the stock in a report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, Robert Half presently has an average rating of "Hold" and an average target price of $48.71.

Robert Half Profile

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.