1 week Ago By Defense World Staff
JPMorgan Chase & Co. increased its position in Robert Half Inc. (NYSE:RHI – Free Report) by 19.
7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 323,655 shares of the business services provider’s stock after acquiring an additional 53,188 shares during the quarter. JPMorgan Chase & Co.
owned about 0.31% of Robert Half worth $22,805,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.
Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Robert Half by 613.
7% in 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 period. Signaturefd LLC lifted its holdings in Robert Half by 121.3% in 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 in the last quarter. Eastern Bank bought a new position in Robert Half in the 4th quarter worth approximately $35,000. V Square Quantitative Management LLC grew its holdings in Robert Half by 70.
6% during 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. Finally, Friedenthal Financial bought a new stake in shares of Robert Half during the fourth quarter valued at approximately $56,000.
92.41% of the stock is owned by hedge funds and other institutional investors. Robert Half Trading Up 11.
2 %NYSE:RHI opened at $51.53 on Thursday. The firm has a market cap of $5.
27 billion, a P/E ratio of 21.12 and a beta of 1.13.
The stock has a 50 day moving average of $55.81 and a two-hundred day moving average of $65.43.
Robert Half Inc. has a 12 month low of $44.97 and a 12 month high of $78.
41. Robert Half (NYSE:RHI – Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The business services provider reported $0.
53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01).
Robert Half had a net margin of 4.34% and a return on equity of 17.20%.
On average, research analysts forecast that Robert Half Inc. will post 2.48 earnings per share for the current year.
Robert Half Increases DividendThe company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, February 25th were issued a $0.59 dividend.
This is an increase from Robert Half’s previous quarterly dividend of $0.53. This represents a $2.
36 annualized dividend and a dividend yield of 4.58%. The ex-dividend date was Tuesday, February 25th.
Robert Half’s dividend payout ratio is presently 96.72%. Analyst Ratings ChangesRHI has been the subject of a number of research analyst reports.
StockNews.com upgraded Robert Half from a “hold” rating to a “buy” rating in a research report on Monday. BNP Paribas upgraded Robert Half from an “underperform” rating to an “outperform” rating and set a $71.
50 price target for the company in a research report on Monday, February 10th. JPMorgan Chase & Co. cut their target price on Robert Half from $69.
00 to $65.00 and set a “neutral” rating on the stock in a research note on Thursday, January 30th. Barclays upgraded shares of Robert Half from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $60.
00 to $80.00 in a report on Friday, January 3rd. Finally, Truist Financial upgraded Robert Half from a “hold” rating to a “buy” rating and upped their target price for the stock from $62.
00 to $90.00 in a report on Friday, December 13th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock.
According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $74.92.
View Our Latest Analysis on Robert HalfRobert 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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