Robert Half Inc. (NYSE:RHI) Shares Bought by Cwm LLC

Cwm LLC increased its holdings in Robert Half Inc. (NYSE:RHI - Free Report) by 37.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 56,722 shares of the business services provider's stock after buying an additional 15,416 shares during the period. Cwm LLC owned about 0.06% of Robert Half worth $3,094,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Robert Half by 613.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 364 shares of the business services provider's stock valued at $25,000 after acquiring an additional 313 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Robert Half in the 4th quarter valued at approximately $26,000. Signaturefd LLC raised its holdings in 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 buying an additional 239 shares during the period. GeoWealth Management LLC acquired a new position in shares of Robert Half in the fourth quarter valued at approximately $35,000. Finally, Orion Capital Management LLC acquired a new stake in shares of Robert Half during the fourth quarter worth $41,000. Institutional investors own 92.41% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on RHI shares. BNP Paribas lowered Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price on the stock. in a report on Friday, May 2nd. JPMorgan Chase & Co. lowered their price target on shares of Robert Half from $65.00 to $47.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. The Goldman Sachs Group reduced their price target on shares of Robert Half from $46.00 to $40.00 and set a "sell" rating on the stock in a research note on Thursday, April 24th. BNP Paribas Exane cut Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 price objective on the stock. in a research report on Friday, May 2nd. Finally, Truist Financial set a $55.00 target price on Robert Half and gave the company a "buy" rating in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $48.71.

Robert Half Stock Performance

RHI stock opened at $42.07 on Friday. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 21.04 and a beta of 1.00. The company's 50 day moving average price is $43.78 and its 200 day moving average price is $52.41. Robert Half Inc. has a fifty-two week low of $39.61 and a fifty-two week high of $78.41.

Robert Half (NYSE:RHI - Get Free Report) last released 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). Robert Half had a return on equity of 14.54% and a net margin of 3.62%. The company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.41 billion. During the same period in the prior year, the business earned $0.61 EPS. The business's quarterly revenue was down 8.4% compared to the same quarter last year. Equities analysts forecast that Robert Half Inc. will post 2.48 EPS for the current fiscal year.

Robert Half Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 23rd were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 5.61%. The ex-dividend date of this dividend was Friday, May 23rd. Robert Half's dividend payout ratio (DPR) is 118.00%.

About Robert Half

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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