Obermeyer Wood Investment Counsel Lllp Lowers stake in Robert Half International (RHI)

Robert Half International (RHI) : Obermeyer Wood Investment Counsel Lllp reduced its stake in Robert Half International by 0.22% during the most recent quarter end. The investment management company now holds a total of 791,377 shares of Robert Half International which is valued at $29,130,587 after selling 1,718 shares in Robert Half International , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Robert Half International makes up approximately 2.76% of Obermeyer Wood Investment Counsel Lllp’s portfolio.

Other Hedge Funds, Including , Intrust Bank Na added RHI to its portfolio by purchasing 8,050 company shares during the most recent quarter which is valued at $296,321. Robert Half International makes up approx 0.12% of Intrust Bank Na’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. Signaturefd added RHI to its portfolio by purchasing 62 company shares during the most recent quarter which is valued at $2,265.Huntington National Bank boosted its stake in RHI in the latest quarter, The investment management firm added 2,983 additional shares and now holds a total of 5,323 shares of Robert Half International which is valued at $196,206.

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.

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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