Robert Half International Inc. (RHI) on Focus After Trading At 52-Week Highs

May 17, 2018 - By Paula Hilliard

Robert Half International Inc. (NYSE:RHI) Logo

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.17, from 1.01 in 2017Q3. It worsened, as 34 investors sold Robert Half International Inc. shares while 152 reduced holdings. 59 funds opened positions while 98 raised stakes. 99.90 million shares or 2.22% less from 102.17 million shares in 2017Q3 were reported.
First Quadrant Limited Partnership Ca owns 497,193 shares for 0.52% of their portfolio. Fifth Third Natl Bank has 163 shares. Leuthold Lc has invested 0.57% in Robert Half International Inc. (NYSE:RHI). Deutsche Bank Ag, Germany-based fund reported 466,478 shares. Barclays Public Limited Company stated it has 0.02% in Robert Half International Inc. (NYSE:RHI). Ameriprise Fin holds 167,241 shares or 0% of its portfolio. 1,995 are held by Fuller And Thaler Asset Inc. Quantbot Techs L P holds 0.02% of its portfolio in Robert Half International Inc. (NYSE:RHI) for 3,401 shares. Dnb Asset Management As holds 10,466 shares. Amalgamated Financial Bank holds 26,645 shares or 0.04% of its portfolio. Zebra Cap Mngmt Lc has 8,186 shares for 0.15% of their portfolio. Seizert Cap Prns Llc holds 0.06% of its portfolio in Robert Half International Inc. (NYSE:RHI) for 29,556 shares. Ajo Lp accumulated 83,053 shares or 0.02% of the stock. State Treasurer State Of Michigan invested in 36,760 shares or 0.02% of the stock. Principal Fincl Gp holds 0.01% of its portfolio in Robert Half International Inc. (NYSE:RHI) for 229,786 shares.

Since February 2, 2018, it had 0 insider purchases, and 6 insider sales for $25.27 million activity. Shares for $11.54M were sold by GENTZKOW PAUL F on Friday, February 2. $248,701 worth of Robert Half International Inc. (NYSE:RHI) shares were sold by Richman Frederick A. GLASS ROBERT W had sold 12,000 shares worth $674,519 on Thursday, February 15. The insider WADDELL M KEITH sold 100,000 shares worth $6.07M. On Monday, April 30 the insider MESSMER HAROLD M JR sold $6.11 million.

The stock of Robert Half International Inc. (NYSE:RHI) hit a new 52-week high and has $66.34 target or 4.00 % above today’s $63.79 share price. The 6 months bullish chart indicates low risk for the $7.75 billion company. The 1-year high was reported on May, 17 by Barchart.com. If the $66.34 price target is reached, the company will be worth $309.92 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.69% or $0.44 during the last trading session, reaching $63.79. About 539,673 shares traded. Robert Half International Inc. (NYSE:RHI) has risen 19.64% since May 17, 2017 and is uptrending. It has outperformed by 8.09% the S&P500.

Analysts await Robert Half International Inc. (NYSE:RHI) to report earnings on July, 24. They expect $0.85 EPS, up 32.81 % or $0.21 from last year’s $0.64 per share. RHI’s profit will be $103.24 million for 18.76 P/E if the $0.85 EPS becomes a reality. After $0.80 actual EPS reported by Robert Half International Inc. for the previous quarter, Wall Street now forecasts 6.25 % EPS growth.

Robert Half International Inc. (NYSE:RHI) Ratings Coverage

Among 10 analysts covering Robert Half (NYSE:RHI), 4 have Buy rating, 2 Sell and 4 Hold. Therefore 40% are positive. Robert Half had 16 analyst reports since November 20, 2017 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, December 27. Robert W. Baird maintained Robert Half International Inc. (NYSE:RHI) on Tuesday, April 24 with “Buy” rating. The firm has “Hold” rating given on Tuesday, January 30 by BMO Capital Markets. The stock of Robert Half International Inc. (NYSE:RHI) has “Hold” rating given on Wednesday, April 18 by BMO Capital Markets. The stock of Robert Half International Inc. (NYSE:RHI) has “Hold” rating given on Monday, November 20 by RBC Capital Markets. BMO Capital Markets maintained Robert Half International Inc. (NYSE:RHI) on Tuesday, April 24 with “Hold” rating. The firm earned “Overweight” rating on Tuesday, April 3 by Barclays Capital. The firm has “Hold” rating given on Tuesday, March 27 by Goldman Sachs. Macquarie Research downgraded Robert Half International Inc. (NYSE:RHI) on Tuesday, December 5 to “Sell” rating. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, January 31 report.

Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company has market cap of $7.75 billion. The firm operates through three divisions: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It has a 27.38 P/E ratio. 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 activities personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration and end-user support, including specialists in Web development, networking, application development, systems integration, database design, security and business continuity, and desktop support.

Robert Half International Inc. (NYSE:RHI) Institutional Positions Chart

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