TD Asset Management Inc. lessened its position in shares of Robert Half International Inc. (NYSE:RHI) by 6.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 331,612 shares of the business services provider’s stock after selling 23,720 shares during the period. TD Asset Management Inc.’s holdings in Robert Half International were worth $21,608,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. acquired a new stake in Robert Half International during the fourth quarter valued at $30,000. CSat Investment Advisory L.P. grew its position in Robert Half International by 91.0% during the fourth quarter. CSat Investment Advisory L.P. now owns 617 shares of the business services provider’s stock valued at $35,000 after buying an additional 294 shares during the period. WP Advisors LLC acquired a new stake in Robert Half International during the first quarter valued at $47,000. Tributary Capital Management LLC acquired a new stake in Robert Half International during the fourth quarter valued at $47,000. Finally, Doyle Wealth Management acquired a new stake in Robert Half International during the fourth quarter valued at $89,000. Institutional investors own 95.15% of the company’s stock.
RHI opened at $56.31 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.19. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of 15.60, a P/E/G ratio of 1.82 and a beta of 1.28. Robert Half International Inc. has a 52-week low of $52.79 and a 52-week high of $79.91.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 24th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Thursday, May 23rd. Robert Half International’s dividend payout ratio is currently 34.35%.
Several research firms recently commented on RHI. Zacks Investment Research lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada started coverage on shares of Robert Half International in a report on Tuesday, April 16th. They set a “sector perform” rating on the stock. ValuEngine downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Tuesday, February 5th. BMO Capital Markets decreased their price objective on shares of Robert Half International from $68.00 to $62.00 and set a “market perform” rating on the stock in a report on Thursday, April 25th. Finally, SunTrust Banks increased their price objective on shares of Robert Half International to $70.00 and gave the company a “hold” rating in a report on Wednesday, January 30th. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $69.40.
COPYRIGHT VIOLATION NOTICE: This report was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://sportsperspectives.com/2019/05/25/td-asset-management-inc-cuts-stake-in-robert-half-international-inc-rhi.html.
About Robert Half International
Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.
Featured Story: Federal Reserve
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 International Inc. (NYSE:RHI).
Receive News & Ratings for Robert Half International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International and related companies with MarketBeat.com's FREE daily email newsletter.