State Treasurer State Of Michigan Increased Robert Half Intl Inc (NYSE:RHI) Stake by $27.59 Million

August 12, 2018 - By Megan Stone

Robert Half International Inc. (NYSE:RHI) LogoInvestors sentiment decreased to 0.76 in Q1 2018. Its down 0.08, from 0.84 in 2017Q4. It fall, as 35 investors sold RHI shares while 154 reduced holdings. 41 funds opened positions while 102 raised stakes. 103.03 million shares or 3.13% more from 99.90 million shares in 2017Q4 were reported. Fincl Bank Of Nova Scotia holds 0% or 12,533 shares. 39,069 are held by Euclidean Techs Mgmt Limited. Bnp Paribas Asset Mngmt has invested 0.01% in Robert Half International Inc. (NYSE:RHI). United Svcs Automobile Association reported 0.01% in Robert Half International Inc. (NYSE:RHI). Old Mutual Global Invsts (Uk) Ltd reported 1.38 million shares or 0.63% of all its holdings. 975 were reported by Tributary Capital Mngmt Ltd Company. Transamerica Financial Advsr invested 0.12% of its portfolio in Robert Half International Inc. (NYSE:RHI). Hall Laurie J Trustee has 190 shares for 0.01% of their portfolio. Yorktown Management & Rech Company owns 6,200 shares. Blackrock reported 0.03% in Robert Half International Inc. (NYSE:RHI). Pinnacle stated it has 76,788 shares or 0.45% of all its holdings. First Manhattan stated it has 0.44% of its portfolio in Robert Half International Inc. (NYSE:RHI). Korea stated it has 0.02% of its portfolio in Robert Half International Inc. (NYSE:RHI). Andra Ap holds 0.22% of its portfolio in Robert Half International Inc. (NYSE:RHI) for 145,700 shares. Rampart Mgmt holds 0.02% of its portfolio in Robert Half International Inc. (NYSE:RHI) for 3,337 shares.

Since February 15, 2018, it had 0 buys, and 5 sales for $13.73 million activity. MESSMER HAROLD M JR sold $6.11M worth of stock or 100,000 shares. 100,000 shares were sold by WADDELL M KEITH, worth $6.07M on Friday, April 27. Richman Frederick A had sold 3,964 shares worth $248,701 on Wednesday, May 9. On Wednesday, May 9 the insider BUCKLEY MICHAEL C sold $629,969.

State Treasurer State Of Michigan increased its stake in Robert Half Intl Inc (NYSE:RHI) by 1161.11% based on its latest 2018Q2 regulatory filing with the SEC. State Treasurer State Of Michigan bought 424,500 shares as the company’s stock rose 10.30% while stock markets declined. The institutional investor held 461,060 shares of the professional services company at the end of 2018Q2, valued at $30.02 million, up from 36,560 at the end of the previous reported quarter. State Treasurer State Of Michigan who had been investing in Robert Half Intl Inc for a number of months, seems to be bullish on the $9.57B market cap company. The stock decreased 0.20% or $0.16 during the last trading session, reaching $79.32. About 1.04M shares traded. Robert Half International Inc. (NYSE:RHI) has risen 37.88% since August 13, 2017 and is uptrending. It has outperformed by 25.31% the S&P500.

State Treasurer State Of Michigan, which manages about $12.66 billion US Long portfolio, decreased its stake in United Technologies Corp (NYSE:UTX) by 246,400 shares to 220,303 shares, valued at $27.54M in 2018Q2, according to the filing. It also reduced its holding in Texas Instrs Inc (NASDAQ:TXN) by 161,100 shares in the quarter, leaving it with 289,818 shares, and cut its stake in Northrop Grumman Corp (NYSE:NOC).

Robert Half International Inc. (NYSE:RHI) Ratings Coverage

Among 7 analysts covering Robert Half (NYSE:RHI), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Robert Half had 11 analyst reports since March 27, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, April 18 by BMO Capital Markets. The stock has “Buy” rating by Nomura on Monday, April 9. The stock of Robert Half International Inc. (NYSE:RHI) has “Market Perform” rating given on Wednesday, July 25 by BMO Capital Markets. Goldman Sachs initiated Robert Half International Inc. (NYSE:RHI) on Tuesday, March 27 with “Hold” rating. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, July 18. The firm has “Hold” rating by SunTrust given on Tuesday, April 24. The firm earned “Hold” rating on Tuesday, April 24 by BMO Capital Markets. The rating was upgraded by Barclays Capital to “Overweight” on Tuesday, April 3. Robert W. Baird maintained the shares of RHI in report on Tuesday, April 24 with “Buy” rating. Robert W. Baird maintained Robert Half International Inc. (NYSE:RHI) rating on Wednesday, July 25. Robert W. Baird has “Outperform” rating and $75 target.

Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company has market cap of $9.57 billion. The firm operates through three divisions: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It has a 28.9 P/E ratio. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting activities personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration and end-user support, including specialists in Web development, networking, application development, systems integration, database design, security and business continuity, and desktop support.

More important recent Robert Half International Inc. (NYSE:RHI) news were published by: Prnewswire.com which released: “Use of Automation Still Low Despite Technology’s Potential to Increase SOX Compliance Efficiency, Finds Protiviti Survey” on August 09, 2018, also Zacks.com published article titled: “Robert Half International (RHI) Q2 Earnings: What’s in Store?”, Benzinga.com published: “Earnings Scheduled For July 24, 2018” on July 24, 2018. More interesting news about Robert Half International Inc. (NYSE:RHI) was released by: Benzinga.com and their article: “Earnings Preview: Robert Half International” with publication date: July 24, 2018.

Robert Half International Inc. (NYSE:RHI) Institutional Positions Chart

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