Alpha Omega Wealth Management buys $917,138 stake in Robert Half International (RHI)

Robert Half International (RHI) : Alpha Omega Wealth Management scooped up 563 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 8, 2016. The investment management firm now holds a total of 24,457 shares of Robert Half International which is valued at $917,138.Robert Half International makes up approximately 0.75% of Alpha Omega Wealth Management’s portfolio.

Other Hedge Funds, Including , Los Angeles Capital Management Equity Research Inc reduced its stake in RHI by selling 42,887 shares or 26.55% in the most recent quarter. The Hedge Fund company now holds 118,620 shares of RHI which is valued at $4,448,250. Robert Half International makes up approx 0.04% of Los Angeles Capital Management Equity Research Inc’s portfolio.Stanley-laman Group Ltd. reduced its stake in RHI by selling 92,589 shares or 79.69% in the most recent quarter. The Hedge Fund company now holds 23,591 shares of RHI which is valued at $880,652. Robert Half International makes up approx 0.34% of Stanley-laman Group Ltd.’s portfolio.World Asset Management Inc reduced its stake in RHI by selling 11 shares or 0.08% in the most recent quarter. The Hedge Fund company now holds 13,190 shares of RHI which is valued at $485,524. Robert Half International makes up approx 0.02% of World Asset Management Inc’s portfolio.New Amsterdam Partnersny reduced its stake in RHI by selling 261,510 shares or 66.71% in the most recent quarter. The Hedge Fund company now holds 130,505 shares of RHI which is valued at $4,803,889. Robert Half International makes up approx 1.12% of New Amsterdam Partnersny’s portfolio.Lucus Advisors reduced its stake in RHI by selling 2,057 shares or 18.01% in the most recent quarter. The Hedge Fund company now holds 9,362 shares of RHI which is valued at $345,083. Robert Half International makes up approx 0.27% of Lucus Advisors’s portfolio.

Robert Half International opened for trading at $37.38 and hit $37.72 on the upside on Monday, eventually ending the session at $37.41, with a gain of 0.54% or 0.2 points. The heightened volatility saw the trading volume jump to 7,16,626 shares. Company has a market cap of $4,869 M.

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.

Investors should note that on Aug 2, 2016, Robert Half International announced a cash dividend of $0.2200. The company’s management has announced Aug 23, 2016 as the ex-dividend date and fixed the record date on Aug 25, 2016. The payable date has been fixed on Sep 15, 2016.

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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