H&R Block, Inc. (NYSE:HRB) Shares Sold by Strs Ohio

Strs Ohio cut its holdings in shares of H&R Block, Inc. (NYSE:HRBGet Rating) by 25.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,404 shares of the company’s stock after selling 7,666 shares during the period. Strs Ohio’s holdings in H&R Block were worth $953,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in HRB. CWM LLC lifted its holdings in shares of H&R Block by 394.1% in the 2nd quarter. CWM LLC now owns 751 shares of the company’s stock valued at $27,000 after buying an additional 599 shares during the period. Belmont Capital LLC purchased a new stake in shares of H&R Block during the third quarter worth approximately $37,000. Ellevest Inc. boosted its holdings in shares of H&R Block by 33.0% during the 2nd quarter. Ellevest Inc. now owns 1,101 shares of the company’s stock worth $39,000 after purchasing an additional 273 shares during the last quarter. Better Money Decisions LLC acquired a new stake in shares of H&R Block during the 2nd quarter worth approximately $40,000. Finally, Ronald Blue Trust Inc. increased its position in shares of H&R Block by 33.6% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,169 shares of the company’s stock worth $41,000 after purchasing an additional 294 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HRB. TheStreet cut H&R Block from a “b” rating to a “d+” rating in a research note on Tuesday, November 1st. The Goldman Sachs Group increased their price target on H&R Block from $22.60 to $25.00 and gave the company a “sell” rating in a research report on Thursday, November 3rd. Finally, StockNews.com began coverage on shares of H&R Block in a research note on Wednesday, October 12th. They set a “hold” rating on the stock.

Insider Buying and Selling at H&R Block

In other news, CEO Jeffrey J. Jones II sold 18,009 shares of the company’s stock in a transaction that occurred on Tuesday, December 13th. The stock was sold at an average price of $42.11, for a total transaction of $758,358.99. Following the completion of the sale, the chief executive officer now owns 657,977 shares in the company, valued at $27,707,411.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by company insiders.

H&R Block Stock Up 0.7 %

Shares of NYSE:HRB opened at $37.85 on Friday. H&R Block, Inc. has a twelve month low of $21.08 and a twelve month high of $48.76. The company has a market capitalization of $5.88 billion, a PE ratio of 11.65, a P/E/G ratio of 0.79 and a beta of 0.65. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 7.03. The firm has a 50 day simple moving average of $40.06 and a 200-day simple moving average of $41.03.

H&R Block (NYSE:HRBGet Rating) last announced its earnings results on Tuesday, November 1st. The company reported ($0.99) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.04) by $0.05. The firm had revenue of $179.99 million during the quarter, compared to analysts’ expectations of $200.14 million. H&R Block had a negative return on equity of 613.29% and a net margin of 15.56%. During the same period in the prior year, the firm earned ($0.78) EPS. On average, equities analysts predict that H&R Block, Inc. will post 3.8 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 3rd. Shareholders of record on Tuesday, December 6th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.06%. The ex-dividend date was Monday, December 5th. H&R Block’s payout ratio is currently 35.69%.

About H&R Block

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H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products 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 its franchisees.

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

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