3,294 Shares in Robert Half Inc. (NYSE:RHI) Bought by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new stake in Robert Half Inc. (NYSE:RHI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,294 shares of the business services provider’s stock, valued at approximately $232,000.

Several other large investors also recently modified their holdings of the business. Mawer Investment Management Ltd. increased its holdings in Robert Half by 28.9% during the 3rd quarter. Mawer Investment Management Ltd. now owns 4,681,340 shares of the business services provider’s stock worth $315,569,000 after purchasing an additional 1,049,005 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Robert Half by 5.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,285,008 shares of the business services provider’s stock valued at $221,442,000 after purchasing an additional 159,750 shares during the period. Pacer Advisors Inc. raised its stake in Robert Half by 54.7% in the second quarter. Pacer Advisors Inc. now owns 1,628,919 shares of the business services provider’s stock valued at $104,218,000 after buying an additional 575,879 shares during the period. AQR Capital Management LLC lifted its position in shares of Robert Half by 101.0% in the second quarter. AQR Capital Management LLC now owns 1,564,247 shares of the business services provider’s stock valued at $99,439,000 after buying an additional 786,031 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Robert Half by 17.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,542,502 shares of the business services provider’s stock worth $98,687,000 after acquiring an additional 231,129 shares during the period. 92.41% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Robert Half

In other news, Director Dirk A. Kempthorne sold 1,032 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $74.35, for a total transaction of $76,729.20. Following the sale, the director now directly owns 12,310 shares of the company’s stock, valued at approximately $915,248.50. This represents a 7.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.00% of the company’s stock.

Robert Half Stock Performance

Shares of Robert Half stock opened at $70.85 on Friday. Robert Half Inc. has a 52-week low of $57.05 and a 52-week high of $83.25. The stock has a market cap of $7.31 billion, a PE ratio of 25.86 and a beta of 1.24. The firm has a 50-day moving average of $72.41 and a 200-day moving average of $67.52.

Robert Half (NYSE:RHI) last announced its earnings results on Tuesday, October 22nd. The business services provider reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. Robert Half had a net margin of 4.84% and a return on equity of 18.78%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the business posted $0.90 EPS. The business’s revenue was down 6.3% compared to the same quarter last year. Equities research analysts predict that Robert Half Inc. will post 2.45 earnings per share for the current fiscal year.

Robert Half Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, November 25th were paid a dividend of $0.53 per share. The ex-dividend date was Monday, November 25th. This represents a $2.12 dividend on an annualized basis and a yield of 2.99%. Robert Half’s dividend payout ratio (DPR) is presently 77.37%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. BNP Paribas downgraded Robert Half from an “outperform” rating to an “underperform” rating and set a $64.00 price target for the company. in a report on Monday, December 16th. Truist Financial raised shares of Robert Half from a “hold” rating to a “buy” rating and increased their price objective for the company from $62.00 to $90.00 in a research report on Friday, December 13th. Barclays raised shares of Robert Half from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $60.00 to $80.00 in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. lowered their price target on shares of Robert Half from $70.00 to $69.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $74.33.

About Robert Half

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.