Seizert Capital Partners LLC Acquires 40,596 Shares of Robert Half Inc. (NYSE:RHI)

Seizert Capital Partners LLC increased its stake in Robert Half Inc. (NYSE:RHI - Free Report) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 587,680 shares of the business services provider's stock after acquiring an additional 40,596 shares during the period. Robert Half makes up about 1.9% of Seizert Capital Partners LLC's holdings, making the stock its 23rd largest holding. Seizert Capital Partners LLC owned about 0.57% of Robert Half worth $41,408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in RHI. Private Trust Co. NA raised its position in shares of Robert Half by 79.7% during the 3rd quarter. Private Trust Co. NA now owns 433 shares of the business services provider's stock worth $29,000 after acquiring an additional 192 shares in the last quarter. Eastern Bank acquired a new position in Robert Half during the fourth quarter worth $35,000. V Square Quantitative Management LLC grew its stake in Robert Half by 70.6% in the 4th quarter. V Square Quantitative Management LLC now owns 679 shares of the business services provider's stock valued at $48,000 after acquiring an additional 281 shares during the last quarter. Venturi Wealth Management LLC increased its stake in shares of Robert Half by 310.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 796 shares of the business services provider's stock worth $54,000 after purchasing an additional 602 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in Robert Half by 6,641.7% during the third quarter. International Assets Investment Management LLC now owns 809 shares of the business services provider's stock worth $55,000 after buying an additional 797 shares in the last quarter. Hedge funds and other institutional investors own 92.41% of the company's stock.

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Robert Half Stock Performance

NYSE:RHI traded down $0.46 on Friday, reaching $54.74. The company's stock had a trading volume of 1,928,362 shares, compared to its average volume of 1,333,838. The business's 50-day moving average price is $64.13 and its two-hundred day moving average price is $67.27. Robert Half Inc. has a 1-year low of $53.53 and a 1-year high of $81.86. The firm has a market cap of $5.59 billion, a PE ratio of 22.44 and a beta of 1.23.

Robert Half (NYSE:RHI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The business services provider reported $0.53 EPS for the quarter, missing analysts' consensus estimates 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, sell-side analysts expect that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.59 per share. This is a positive change from Robert Half's previous quarterly dividend of $0.53. This represents a $2.36 annualized dividend and a dividend yield of 4.31%. The ex-dividend date is Tuesday, February 25th. Robert Half's dividend payout ratio is 96.72%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Robert Half from $69.00 to $65.00 and set a "neutral" rating on the stock in a research note on Thursday, January 30th. Barclays raised Robert Half from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $60.00 to $80.00 in a report on Friday, January 3rd. StockNews.com upgraded Robert Half from a "hold" rating to a "buy" rating in a research report on Thursday, February 27th. BNP Paribas upgraded shares of Robert Half from an "underperform" rating to an "outperform" rating and set a $71.50 target price on the stock in a report on Monday, February 10th. Finally, Truist Financial raised Robert Half from a "hold" rating to a "buy" rating and lifted their price target for the stock from $62.00 to $90.00 in a research note on Friday, December 13th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $74.92.

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.