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

August 12, 2018 - By Theresa Judd

Robert Half International Inc. (NYSE:RHI) LogoInvestors sentiment decreased to 0.76 in 2018 Q1. Its down 0.08, from 0.84 in 2017Q4. It turned negative, 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. Meiji Yasuda Asset Mngmt Ltd, Japan-based fund reported 8,895 shares. National Bank & Trust Of Mellon Corp has invested 0.05% in Robert Half International Inc. (NYSE:RHI). Signaturefd Limited Liability Company holds 48 shares or 0% of its portfolio. Deutsche Natl Bank Ag holds 526,234 shares. Cibc invested in 0.01% or 16,108 shares. Ledyard Bancorporation holds 0.04% or 5,648 shares. Nomura Hldgs Inc holds 0% of its portfolio in Robert Half International Inc. (NYSE:RHI) for 23,880 shares. 414,862 are held by Wells Fargo And Mn. Gotham Asset Mngmt Ltd has invested 0.16% in Robert Half International Inc. (NYSE:RHI). Oakbrook Limited has 12,580 shares. First Comml Bank Of Omaha invested 0.01% of its portfolio in Robert Half International Inc. (NYSE:RHI). Westpac Bk accumulated 0% or 27,878 shares. Goldman Sachs Group Inc holds 2.04 million shares. Moreover, Dimensional Fund Advsrs Limited Partnership has 0.02% invested in Robert Half International Inc. (NYSE:RHI). Old Mutual Investors (Uk) owns 0.63% invested in Robert Half International Inc. (NYSE:RHI) for 1.38 million shares.

Since February 15, 2018, it had 0 insider purchases, and 5 selling transactions for $13.73 million activity. GLASS ROBERT W sold $674,519 worth of stock or 12,000 shares. $248,701 worth of Robert Half International Inc. (NYSE:RHI) was sold by Richman Frederick A on Wednesday, May 9. WADDELL M KEITH sold 100,000 shares worth $6.07 million. MESSMER HAROLD M JR had sold 100,000 shares worth $6.11 million.

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 $30.02M, 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 $9.57 billion 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 Applied Matls Inc (NASDAQ:AMAT) by 285,700 shares to 298,409 shares, valued at $13.78M in 2018Q2, according to the filing. It also reduced its holding in Microchip Technology Inc (NASDAQ:MCHP) by 358,400 shares in the quarter, leaving it with 379,572 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 has “Hold” rating given on Tuesday, April 24 by SunTrust. Barclays Capital upgraded the stock to “Overweight” rating in Tuesday, April 3 report. The company was maintained on Wednesday, July 25 by BMO Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $6200 target in Tuesday, April 24 report. On Monday, April 9 the stock rating was upgraded by Nomura to “Buy”. The stock of Robert Half International Inc. (NYSE:RHI) has “Outperform” rating given on Wednesday, July 25 by Robert W. Baird. The stock has “Buy” rating by Robert W. Baird on Tuesday, April 24. The firm earned “Overweight” rating on Wednesday, July 18 by Barclays Capital. The firm earned “Hold” rating on Wednesday, April 18 by BMO Capital Markets. The stock of Robert Half International Inc. (NYSE:RHI) earned “Hold” rating by Goldman Sachs on Tuesday, March 27.

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: Benzinga.com which released: “Earnings Scheduled For July 24, 2018” on July 24, 2018, also Benzinga.com published article titled: “Earnings Preview: Robert Half International”, Prnewswire.com published: “Use of Automation Still Low Despite Technology’s Potential to Increase SOX Compliance Efficiency, Finds Protiviti Survey” on August 09, 2018. More interesting news about Robert Half International Inc. (NYSE:RHI) was released by: Zacks.com and their article: “Robert Half International (RHI) Q2 Earnings: What’s in Store?” with publication date: July 20, 2018.

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

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