Cognios Capital LLC Has $2.25 Million Stake in H & R Block Inc (HRB)

Cognios Capital LLC grew its stake in H & R Block Inc (NYSE:HRB) by 16.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,007 shares of the company’s stock after acquiring an additional 12,190 shares during the period. Cognios Capital LLC’s holdings in H & R Block were worth $2,254,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janus Henderson Group PLC grew its holdings in shares of H & R Block by 969.1% in the 2nd quarter. Janus Henderson Group PLC now owns 314,883 shares of the company’s stock valued at $9,733,000 after acquiring an additional 285,431 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of H & R Block by 428.4% in the 3rd quarter. Jane Street Group LLC now owns 157,081 shares of the company’s stock valued at $4,160,000 after acquiring an additional 127,356 shares in the last quarter. BP PLC bought a new position in shares of H & R Block in the 3rd quarter valued at about $662,000. Sei Investments Co. grew its holdings in shares of H & R Block by 64.6% in the 3rd quarter. Sei Investments Co. now owns 20,244 shares of the company’s stock valued at $550,000 after acquiring an additional 7,946 shares in the last quarter. Finally, Koch Industries Inc. bought a new position in shares of H & R Block in the 2nd quarter valued at about $349,000. Institutional investors own 95.63% of the company’s stock.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded H & R Block from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Tuesday. ValuEngine cut H & R Block from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. BMO Capital Markets raised their price objective on H & R Block from $2.75 to $31.00 and gave the company a “market perform” rating in a report on Tuesday, January 23rd. Finally, Oppenheimer restated a “hold” rating on shares of H & R Block in a report on Thursday, December 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $27.67.

Shares of H & R Block Inc (HRB) opened at $25.19 on Friday. H & R Block Inc has a one year low of $19.85 and a one year high of $31.80. The stock has a market cap of $5,381.43, a PE ratio of 13.27, a P/E/G ratio of 0.88 and a beta of 0.37. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of -3.62.

H & R Block (NYSE:HRB) last issued its earnings results on Wednesday, December 6th. The company reported ($0.71) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.72) by $0.01. H & R Block had a net margin of 12.90% and a negative return on equity of 110.06%. The business had revenue of $140.85 million during the quarter, compared to the consensus estimate of $131.24 million. During the same period last year, the business posted ($0.67) EPS. H & R Block’s revenue was up 7.3% on a year-over-year basis. equities analysts predict that H & R Block Inc will post 2.66 earnings per share for the current fiscal year.

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H & R Block Profile

H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.

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Institutional Ownership by Quarter for H & R Block (NYSE:HRB)

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