H & R Block Inc (HRB) Shares Bought by Strs Ohio

Strs Ohio lifted its holdings in H & R Block Inc (NYSE:HRB) by 4,724.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 122,540 shares of the company’s stock after acquiring an additional 120,000 shares during the period. Strs Ohio’s holdings in H & R Block were worth $2,933,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the company. Nisa Investment Advisors LLC increased its position in H & R Block by 0.8% in the 1st quarter. Nisa Investment Advisors LLC now owns 136,995 shares of the company’s stock valued at $3,280,000 after buying an additional 1,058 shares in the last quarter. Park National Corp OH increased its position in H & R Block by 19.5% in the 4th quarter. Park National Corp OH now owns 11,741 shares of the company’s stock valued at $297,000 after buying an additional 1,920 shares in the last quarter. Victory Capital Management Inc. increased its position in H & R Block by 80.6% in the 4th quarter. Victory Capital Management Inc. now owns 11,985 shares of the company’s stock valued at $304,000 after buying an additional 5,349 shares in the last quarter. JPMorgan Chase & Co. increased its position in H & R Block by 233.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,768,828 shares of the company’s stock valued at $97,048,000 after buying an additional 2,638,607 shares in the last quarter. Finally, Polianta Ltd increased its position in H & R Block by 2.8% in the 4th quarter. Polianta Ltd now owns 47,600 shares of the company’s stock valued at $1,207,000 after buying an additional 1,300 shares in the last quarter. 97.93% of the stock is owned by hedge funds and other institutional investors.

HRB has been the subject of a number of research analyst reports. Zacks Investment Research raised H & R Block from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research report on Monday, March 11th. Goldman Sachs Group lowered H & R Block from a “neutral” rating to a “sell” rating and set a $22.00 target price for the company. in a research report on Thursday, January 31st. Finally, ValuEngine lowered H & R Block from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $24.67.

Shares of H & R Block stock opened at $26.83 on Friday. H & R Block Inc has a one year low of $22.45 and a one year high of $29.81. The stock has a market capitalization of $5.51 billion, a P/E ratio of 8.13, a PEG ratio of 1.35 and a beta of 0.10. The company has a debt-to-equity ratio of 7.79, a current ratio of 2.10 and a quick ratio of 2.10.

H & R Block (NYSE:HRB) last released its quarterly earnings results on Thursday, March 7th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.03). The company had revenue of $468.00 million for the quarter, compared to analyst estimates of $465.48 million. H & R Block had a net margin of 21.79% and a return on equity of 829.18%. H & R Block’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter last year, the firm posted ($1.16) EPS. Analysts expect that H & R Block Inc will post 1.98 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Monday, March 18th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a yield of 3.73%. H & R Block’s dividend payout ratio (DPR) is currently 33.56%.

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H & R Block Profile

H&R Block, Inc, through its subsidiaries, 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, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

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

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