Hutchinson Capital Managementca adds Robert Half International (RHI) to its portfolio

Robert Half International (RHI) : Hutchinson Capital Managementca added new position in Robert Half International during the most recent quarter end. The investment management firm now holds 341,660 shares of Robert Half International which is valued at $12,576,505 , the company said in a statement filed on Aug 1, 2016 with the SEC.Robert Half International makes up approximately 3.73% of Hutchinson Capital Managementca’s portfolio.

Other Hedge Funds, Including , Dudley Shanley boosted its stake in RHI in the latest quarter, The investment management firm added 124,500 additional shares and now holds a total of 510,075 shares of Robert Half International which is valued at $18,638,141. Robert Half International makes up approx 4.02% of Dudley Shanley’s portfolio.Oakworth Capital boosted its stake in RHI in the latest quarter, The investment management firm added 538 additional shares and now holds a total of 3,514 shares of Robert Half International which is valued at $144,004. Robert Half International makes up approx 0.05% of Oakworth Capital’s portfolio.Nisa Investment Advisors boosted its stake in RHI in the latest quarter, The investment management firm added 26,341 additional shares and now holds a total of 66,839 shares of Robert Half International which is valued at $2,657,519. Robert Half International makes up approx 0.03% of Nisa Investment Advisors’s portfolio.

Robert Half International closed down -0.02 points or -0.05% at $36.79 with 9,59,982 shares getting traded on Thursday. Post opening the session at $36.74, the shares hit an intraday low of $36.5 and an intraday high of $36.83 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Robert Half International reported $0.64 EPS for the quarter, based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus estimate of $0.64. The company had revenue of $1302.60 million for the quarter, compared to analysts expectations of $1297.28 million. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.

Many Wall Street Analysts have commented on Robert Half International. Shares were Reiterated by RBC Capital Mkts on Jul 27, 2016 to “Outperform” and Lowered the Price Target to $ 42 from a previous price target of $48 .Robert Half International was Downgraded by BofA/Merrill to ” Neutral” on Jul 13, 2016.

Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps Robert Half Finance & Accounting OfficeTeam Robert Half Technology Robert Half Management Resources Robert Half Legal The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing permanent placement staffing and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance administrative and office information technology legal advertising marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting finance administrative and office and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.

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