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Robert Half International Inc. is owned by Biechele Royce Advisors for $4.48 million (NYSE:RHI)

Robert Half International Inc. is owned by Biechele Royce Advisors for $4.48 million (NYSE:RHI)

According to the most recent 13F filing submitted to the Securities and Exchange Commission by Robert Half International INC (NYSE: RHI), the investment holdings of Biechele Royce Advisors increased by 19.0% in the third quarter.

The revelation was made public by the company (the SEC).

The fund had a total holding of 58,600 shares of the company’s stock at the end of the quarter after making an additional purchase of 9,360 shares.

The 17th largest position held by Biechele Royce Advisors is for Robert Half International, which accounts for approximately 2.1% of the firm’s total assets.

The most recent disclosure that Biechele Royce Advisors made to the SEC indicated that the value of their holding in Robert Half International was $4,482,000.

This holding represented 0.05% of the company.

Both purchases and sales of RHI stock were part of recent transactions involving other large investors.

During the second quarter, Salem Investment Counselors, INC invested an additional $28,000 in Robert Half International to acquire additional shares of the company’s stock.

An amount of approximately $29,000 was invested by Venture Visionary Partners LLC during the second quarter to increase its ownership stake in Robert Half International. Spire Wealth Management spent $29,000 during the third quarter to acquire additional shares of Robert Half International.

These shares were purchased as an additional investment.

Tobam increased its ownership of Robert Half International by contributing an additional thirty thousand dollars and more during the year’s second quarter.
Last but not least, during the third quarter, Signaturefd LLC increased its Robert Half International holdings by 48.5%.

This certainly should not be considered the least important development.

After the conclusion of the most recent fiscal quarter, Signaturefd LLC completed a transaction that increased its holdings in the business services provider’s shares from 143 to 438, resulting in a total transaction value of $34,000. Currently, 94.13% of the company’s shares are owned by various institutional investors, including hedge funds.
NYSE: RHI started the trading week off for $84.67 per share on Monday. Robert Half International INC hit an all-time low of $65.40 during the past year, while the company reached an all-time high of $120.05 during the same period.

The stock price has been calculated to have a simple moving average of $77.26 over the past 50 days, and it has been calculated to have a simple moving average of $77.61 over the last 200 days.

Its current market capitalization of $9.19 billion can be attributed to the company’s stock’s beta of 1.31, a PE ratio of 14.06, and a P/E/G ratio of 3.11, all of which contribute to the value of the stock.
On Thursday, February 9, Robert Half International announced that its board of directors had approved a share buyback program.

This program would enable the company to repurchase up to ten million shares of its stock, bringing the total number of shares owned by the company back to its original level.

Because of the repurchase authorization, the company that provides services to other businesses has been granted permission to buy stock from other investors on the open market.

These purchases can be made directly by the company from other investors.

Buyback plans for a company’s stock frequently indicate that the board of directors believes it is currently trading at a lower price than its true value. [Case in point:] [Case in point:] [Case in point:] [Cas
On January 26, the most recent earnings report for Robert Half International was made public.

This company’s stock is traded on the New York Stock Exchange under the “RHI.” The company announced earnings for the period of $1.37 per share, which is $0.01 more than the consensus estimate of $1.36 per share. Robert Half International had a return on equity of 44.01 percent, and the net margin for the company was 9.09 percent.

The revenue for the quarter came in at $1.73 billion, which was lower than the projections that industry professionals had made of $1.76 billion for the quarter’s revenue.

The same period the year before resulted in the company generating profits per share of $1.51.

The decline in the company’s revenue was 2.4% when compared to the previous year’s numbers.

Market observers predict that Robert Half International INC will generate $4.81 per share earnings during the current fiscal year.

This is based on the company’s historical performance.

In addition, the company has recently announced a quarterly dividend, which is scheduled to be paid out on March 15 of this year. On Friday, February 24, 2018, a $0.48 dividend payment will be made to all shareholders of record as of Friday, February 24. We can conclude that this is an increase, given that the most recent quarterly dividend paid by Robert Half International was $0.43.

The results of this calculation are a dividend yield of 2.27% and a dividend payment of $1.92 per year.

At this time, Robert Half International has a dividend payout ratio (DPR) of 28.57%.

Equity research analysts employed by various businesses have provided commentary on the RHI shares. JPMorgan Chase & Co lowered their price target on shares of Robert Half International from $76.00 to $75.00 in a report that was made public on Friday, January 27.

The report was made available online.

Additionally, the consulted investment bank assigned a “neutral” rating to the stock.

BMO Capital Markets lowered their price objective on shares of Robert Half International from $79 to $78 and assigned the company a “market perform” rating for the stock in a research note disseminated by the brokerage firm on Monday, January 30.

The note was included in the firm’s distribution of the research note. shifted their rating on shares of Robert Half International from “hold” to “buy” in a research analysis published on Tuesday, February 7.

This indicates that they recommend purchasing the stock rather than continuing to hold it.

Barclays decreased its price objective on shares of Robert Half International from $80.00 to $70.00 in a research report concerning the company that was published on Monday, October 24.

The report was regarding the business.

In addition, the brokerage firm rated the stock as “equal weight,” which means it has the same value as all the other stocks.

BNP Paribas started covering shares of Robert Half International on January 5 of this year, which brings us to our final and most important point.

They assigned the stock an “underperform” rating and determined that a price target of $70.00 was appropriate.

There are currently four analysts who think that the stock should be sold, three analysts who think that the stock should be held onto, and one analyst who thinks that the stock should be purchased.

Bloomberg reports that the current consensus rating for Robert Half International is “Hold” and that the current average price goal is $76.44 per share.

In addition, the current consensus price target is $76.44 per share.


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