Robert Half Inc. (NYSE:RHI) Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its holdings in Robert Half Inc. (NYSE:RHI - Free Report) by 16.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 74,043 shares of the business services provider's stock after acquiring an additional 10,189 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.07% of Robert Half worth $5,262,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Trust Point Inc. purchased a new stake in shares of Robert Half in the 4th quarter worth $422,000. Resonant Capital Advisors LLC lifted its stake in shares of Robert Half by 2.1% during the 4th quarter. Resonant Capital Advisors LLC now owns 15,781 shares of the business services provider's stock worth $1,112,000 after purchasing an additional 322 shares during the last quarter. Spire Wealth Management lifted its stake in shares of Robert Half by 37,287.5% during the 4th quarter. Spire Wealth Management now owns 2,991 shares of the business services provider's stock worth $211,000 after purchasing an additional 2,983 shares during the last quarter. SYM FINANCIAL Corp lifted its stake in shares of Robert Half by 10.9% during the 4th quarter. SYM FINANCIAL Corp now owns 3,817 shares of the business services provider's stock worth $269,000 after purchasing an additional 374 shares during the last quarter. Finally, OLD National Bancorp IN purchased a new stake in shares of Robert Half during the 4th quarter worth $225,000. Institutional investors own 92.41% of the company's stock.

Analyst Ratings Changes

RHI has been the subject of a number of analyst reports. BNP Paribas upgraded 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. Truist Financial upgraded Robert Half from a "hold" rating to a "buy" rating and upped their price objective for the stock from $62.00 to $90.00 in a research note on Friday, December 13th. Barclays upgraded Robert Half from an "underweight" rating to an "equal weight" rating and increased their price target for the company from $60.00 to $80.00 in a research note on Friday, January 3rd. Finally, JPMorgan Chase & Co. cut their price objective on Robert Half from $69.00 to $65.00 and set a "neutral" rating on the stock in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $74.92.

Insider Buying and Selling

In related news, Director Dirk A. Kempthorne sold 1,032 shares of the firm's stock in a transaction dated 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 $915,248.50. This trade represents a 7.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.00% of the stock is owned by corporate insiders.

Robert Half Stock Performance

Robert Half stock traded down $1.37 during midday trading on Wednesday, hitting $57.91. 974,349 shares of the company were exchanged, compared to its average volume of 1,267,366. The firm has a market capitalization of $5.98 billion, a PE ratio of 23.73 and a beta of 1.23. Robert Half Inc. has a fifty-two week low of $57.05 and a fifty-two week high of $83.25. The business has a fifty day simple moving average of $69.16 and a two-hundred day simple moving average of $67.71.

Robert Half (NYSE:RHI - Get Free Report) last posted its earnings results on Wednesday, January 29th. The business services provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). Robert Half had a return on equity of 17.20% and a net margin of 4.34%. As a group, equities analysts expect that Robert Half Inc. will post 2.53 earnings per share for the current year.

Robert Half Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 4.08%. This is a positive change from Robert Half's previous quarterly dividend of $0.53. Robert Half's dividend payout ratio (DPR) is 86.89%.

Robert Half Company Profile

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.