Robert Half International (NYSE:RHI) CEO Harold Messmer, Jr. unloaded 100,000 shares of Robert Half International stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $38.83, for a total transaction of $3,883,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,528,357 shares of the company’s stock, valued at approximately $59,346,102. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on RHI. Analysts at Zacks reiterated a “hold” rating on shares of Robert Half International in a research note to investors on Wednesday, October 23rd. They now have a $41.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Robert Half International from $40.00 to $45.00 in a research note to investors on Wednesday, October 23rd. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Robert Half International from $40.00 to $48.00 in a research note to investors on Wednesday, October 23rd. They now have an “overweight” rating on the stock. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Robert Half International has an average rating of “Buy” and a consensus price target of $42.25.
Robert Half International (NYSE:RHI) traded up 0.28% on Friday, hitting $38.84. 843,751 shares of the company’s stock traded hands. Robert Half International has a one year low of $26.28 and a one year high of $41.13. The stock has a 50-day moving average of $39.18 and a 200-day moving average of $36.47. The company has a market cap of $5.272 billion and a price-to-earnings ratio of 21.93.
Robert Half International (NYSE:RHI) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.48 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.48. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company posted $0.41 earnings per share. Robert Half International’s revenue was up 4.1% compared to the same quarter last year. On average, analysts predict that Robert Half International will post $1.83 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 16th. Shareholders of record on Monday, November 25th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, November 21st.
Robert Half International Inc provides specialized staffing and risk consulting services. The Company operates in three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
This article (Robert Half International CEO Unloads $3,883,000 in Stock (RHI)) was originally developed by and is property of American Banking News.
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