Crossmark Global Holdings Inc. Has $5.44 Million Stock Position in Robert Half Inc. (NYSE:RHI)

Crossmark Global Holdings Inc. decreased its holdings in Robert Half Inc. (NYSE:RHI - Free Report) by 27.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,807 shares of the business services provider's stock after selling 38,152 shares during the period. Crossmark Global Holdings Inc. owned about 0.10% of Robert Half worth $5,444,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Quadrant Capital Group LLC grew its position in Robert Half by 11.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,155 shares of the business services provider's stock worth $152,000 after acquiring an additional 218 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in Robert Half by 39.3% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 780 shares of the business services provider's stock worth $55,000 after acquiring an additional 220 shares during the last quarter. Signaturefd LLC grew its position 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 acquiring an additional 239 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Robert Half by 48.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 794 shares of the business services provider's stock worth $56,000 after acquiring an additional 258 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Robert Half by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 44,483 shares of the business services provider's stock worth $3,134,000 after acquiring an additional 280 shares during the last quarter. Institutional investors own 92.41% of the company's stock.

Robert Half Stock Performance

Shares of NYSE:RHI traded down $0.92 during midday trading on Friday, reaching $42.01. The company's stock had a trading volume of 1,024,922 shares, compared to its average volume of 1,404,208. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The firm has a 50 day moving average price of $44.02 and a two-hundred day moving average price of $53.23. 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 posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.17 earnings per share 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 firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company posted $0.61 earnings per share. The firm's quarterly revenue was down 8.4% compared to the same quarter last year. As a group, research analysts anticipate that Robert Half Inc. will post 2.48 earnings per share for the current year.

Robert Half Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 23rd were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date was Friday, May 23rd. Robert Half's dividend payout ratio (DPR) is currently 118.00%.

Analysts Set New Price Targets

Several research analysts have commented on the company. BNP Paribas Exane downgraded 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. cut their target price on Robert Half from $65.00 to $47.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. BNP Paribas downgraded 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. Truist Financial set a $55.00 target price on Robert Half and gave the stock a "buy" rating in a report on Thursday, April 24th. Finally, Wall Street Zen raised Robert Half from a "sell" rating to a "hold" rating in a research note on Friday, June 6th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $48.71.

Robert Half Company 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.