GSA Capital Partners LLP acquired a new position in shares of Robert Half Inc. (NYSE:RHI - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 12,731 shares of the business services provider's stock, valued at approximately $694,000.
Several other institutional investors also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Robert Half in the 1st quarter valued at $3,195,000. GAMMA Investing LLC increased its holdings in shares of Robert Half by 92.9% in the 1st quarter. GAMMA Investing LLC now owns 2,091 shares of the business services provider's stock valued at $114,000 after acquiring an additional 1,007 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Robert Half by 4.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 76,378 shares of the business services provider's stock valued at $4,166,000 after acquiring an additional 3,248 shares during the period. Allworth Financial LP increased its holdings in shares of Robert Half by 80.4% in the 1st quarter. Allworth Financial LP now owns 1,458 shares of the business services provider's stock valued at $80,000 after acquiring an additional 650 shares during the period. Finally, CX Institutional purchased a new position in shares of Robert Half in the 1st quarter valued at $33,000. 92.41% of the stock is currently owned by hedge funds and other institutional investors.
Robert Half Price Performance
Shares of Robert Half stock opened at $35.34 on Friday. The business has a 50 day simple moving average of $42.19 and a two-hundred day simple moving average of $50.08. Robert Half Inc. has a 12 month low of $35.22 and a 12 month high of $78.41. The stock has a market capitalization of $3.61 billion, a P/E ratio of 20.19 and a beta of 1.02.
Robert Half (NYSE:RHI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. Robert Half had a return on equity of 13.00% and a net margin of 3.20%. The firm had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.35 billion. During the same quarter last year, the firm earned $0.66 earnings per share. The business's revenue for the quarter was down 7.0% on a year-over-year basis. As a group, research analysts anticipate that Robert Half Inc. will post 2.48 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on RHI. BNP Paribas downgraded Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 price target on the stock. in a report on Friday, May 2nd. BNP Paribas Exane lowered Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price on the stock. in a research report on Friday, May 2nd. Truist Financial set a $55.00 target price on Robert Half and gave the company a "buy" rating in a research report on Thursday, April 24th. Barclays reduced their target price 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. Finally, Wall Street Zen raised Robert Half from a "sell" rating to a "hold" rating in a research report on Sunday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $45.83.
Check Out Our Latest Stock Analysis on RHI
Robert Half Company 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.
See Also
Want to see what other hedge funds are holding RHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robert Half Inc. (NYSE:RHI - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Robert Half, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Robert Half wasn't on the list.
While Robert Half currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
