Stanley Capital Management buys $4,321,236 stake in Robert Half International (RHI)

Robert Half International (RHI) : Stanley Capital Management scooped up 24,700 additional shares in Robert Half International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 117,393 shares of Robert Half International which is valued at $4,321,236.Robert Half International makes up approximately 4.17% of Stanley Capital Management’s portfolio.

Other Hedge Funds, Including , Cibc Asset Management Inc boosted its stake in RHI in the latest quarter, The investment management firm added 157 additional shares and now holds a total of 13,632 shares of Robert Half International which is valued at $501,794.Shelton Capital Management reduced its stake in RHI by selling 700 shares or 11.6% in the most recent quarter. The Hedge Fund company now holds 5,332 shares of RHI which is valued at $196,271. Robert Half International makes up approx 0.02% of Shelton Capital Management’s portfolio.Ls Investment Advisors boosted its stake in RHI in the latest quarter, The investment management firm added 1,389 additional shares and now holds a total of 9,520 shares of Robert Half International which is valued at $390,130. Robert Half International makes up approx 0.03% of Ls Investment Advisors’s portfolio.Reinhart Partners boosted its stake in RHI in the latest quarter, The investment management firm added 378,497 additional shares and now holds a total of 742,845 shares of Robert Half International which is valued at $30,441,788. Robert Half International makes up approx 2.93% of Reinhart Partners’s portfolio.Denali Advisors boosted its stake in RHI in the latest quarter, The investment management firm added 19,500 additional shares and now holds a total of 43,700 shares of Robert Half International which is valued at $1,737,512. Robert Half International makes up approx 0.29% of Denali Advisors’s portfolio.

Robert Half International closed down -0.04 points or -0.11% at $37.29 with 12,89,856 shares getting traded on Monday. Post opening the session at $37.5, the shares hit an intraday low of $37.25 and an intraday high of $37.94 and the price fluctuated in this range throughout the day.Shares ended Monday 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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