1 week Ago By ABMN Staff
Orion Portfolio Solutions LLC grew its holdings in Robert Half Inc. ( NYSE:RHI – Free Report ) by 63.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 6,393 shares of the business services provider’s stock after buying an additional 2,489 shares during the period. Orion Portfolio Solutions LLC’s holdings in Robert Half were worth $450,000 as of its most recent filing with the Securities & Exchange Commission. A number of other large investors have also recently made changes to their positions in the business.
Boston Partners grew its position in Robert Half by 17.5% in the fourth quarter. Boston Partners now owns 8,554,276 shares of the business services provider’s stock worth $602,867,000 after acquiring an additional 1,271,237 shares in the last quarter.
Norges Bank purchased a new position in shares of Robert Half in the 4th quarter worth approximately $60,257,000. Raymond James Financial Inc. purchased a new position in shares of Robert Half in the 4th quarter worth approximately $15,491,000.
Barclays PLC raised its holdings in Robert Half by 131.6% during the 3rd quarter. Barclays PLC now owns 344,233 shares of the business services provider’s stock valued at $23,205,000 after buying an additional 195,570 shares during the period.
Finally, Charles Schwab Investment Management Inc. lifted its position in Robert Half by 4.5% in the fourth quarter.
Charles Schwab Investment Management Inc. now owns 3,433,585 shares of the business services provider’s stock worth $241,930,000 after buying an additional 148,577 shares during the last quarter. 92.
41% of the stock is currently owned by institutional investors. Robert Half Stock Down 2.2 % Shares of NYSE:RHI opened at $47.
37 on Tuesday. The business’s 50 day moving average is $57.28 and its 200 day moving average is $65.
93. The stock has a market cap of $4.84 billion, a P/E ratio of 19.
41 and a beta of 1.13. Robert Half Inc.
has a 52-week low of $44.97 and a 52-week high of $78.41.
Robert Half Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.59 per share.
This represents a $2.36 annualized dividend and a yield of 4.98%.
This is a boost from Robert Half’s previous quarterly dividend of $0.53. The ex-dividend date was Tuesday, February 25th.
Robert Half’s dividend payout ratio is presently 96.72%. Analyst Upgrades and Downgrades Several equities research analysts have recently weighed in on the stock.
StockNews.com raised shares of Robert Half from a “hold” rating to a “buy” rating in a research note on Monday. BNP Paribas raised shares of Robert Half from an “underperform” rating to an “outperform” rating and set a $71.
50 price objective for the company in a research note on Monday, February 10th. Truist Financial upgraded Robert Half from a “hold” rating to a “buy” rating and boosted their target price for the company from $62.00 to $90.
00 in a research report on Friday, December 13th. JPMorgan Chase & Co. reduced their price target on Robert Half from $69.
00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, January 30th. Finally, Barclays upgraded Robert Half from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $60.
00 to $80.00 in a report on Friday, January 3rd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.
According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $74.92. Read Our Latest Analysis on RHI About Robert Half ( 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.
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