Robert Half Inc. (NYSE:RHI) Shares Sold by Sei Investments Co.

Sei Investments Co. trimmed its holdings in shares of Robert Half Inc. (NYSE:RHI - Free Report) by 22.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 75,696 shares of the business services provider's stock after selling 22,276 shares during the period. Sei Investments Co. owned 0.07% of Robert Half worth $5,334,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of RHI. Signaturefd LLC raised its stake in Robert Half by 121.3% during the fourth quarter. Signaturefd LLC now owns 436 shares of the business services provider's stock worth $31,000 after acquiring an additional 239 shares during the period. Eastern Bank acquired a new position in Robert Half in the fourth quarter valued at approximately $35,000. V Square Quantitative Management LLC grew its holdings in shares of Robert Half by 70.6% during the fourth quarter. V Square Quantitative Management LLC now owns 679 shares of the business services provider's stock valued at $48,000 after purchasing an additional 281 shares during the last quarter. Friedenthal Financial acquired a new stake in shares of Robert Half during the 4th quarter worth approximately $56,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Robert Half by 48.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 794 shares of the business services provider's stock worth $56,000 after purchasing an additional 258 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors.

Robert Half Trading Down 5.1 %

RHI stock traded down $2.62 during trading on Friday, hitting $48.34. The company had a trading volume of 1,984,448 shares, compared to its average volume of 1,424,062. The business has a 50 day moving average of $58.17 and a 200 day moving average of $66.13. The firm has a market capitalization of $4.94 billion, a price-to-earnings ratio of 19.81 and a beta of 1.22. Robert Half Inc. has a fifty-two week low of $47.37 and a fifty-two week high of $78.41.

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Robert Half (NYSE:RHI - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The business services provider reported $0.53 earnings per share 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, equities analysts predict that Robert Half Inc. will post 2.48 EPS for the current year.

Robert Half Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Tuesday, February 25th were paid 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 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date was Tuesday, February 25th. Robert Half's dividend payout ratio (DPR) is presently 96.72%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Barclays upgraded Robert Half from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $60.00 to $80.00 in a research note on Friday, January 3rd. JPMorgan Chase & Co. lowered their price target on shares of Robert Half from $69.00 to $65.00 and set a "neutral" rating for the company in a research report on Thursday, January 30th. BNP Paribas upgraded shares of Robert Half from an "underperform" rating to an "outperform" rating and set a $71.50 price objective on the stock in a research report on Monday, February 10th. StockNews.com cut shares of Robert Half from a "buy" rating to a "hold" rating in a research report on Friday, March 21st. Finally, Truist Financial raised Robert Half from a "hold" rating to a "buy" rating and lifted their price target for the company from $62.00 to $90.00 in a report on Friday, December 13th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Robert Half currently has a consensus rating of "Hold" 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.