16,027 Shares in H&R Block, Inc. (NYSE:HRB) Acquired by Oak Thistle LLC

Oak Thistle LLC acquired a new position in H&R Block, Inc. (NYSE:HRBFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 16,027 shares of the company’s stock, valued at approximately $775,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Exchange Traded Concepts LLC lifted its holdings in H&R Block by 91.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 518 shares of the company’s stock worth $25,000 after buying an additional 248 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in H&R Block by 1,200.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 650 shares of the company’s stock worth $28,000 after buying an additional 600 shares during the period. Belpointe Asset Management LLC lifted its holdings in H&R Block by 68.3% in the 1st quarter. Belpointe Asset Management LLC now owns 998 shares of the company’s stock worth $35,000 after buying an additional 405 shares during the period. Ronald Blue Trust Inc. lifted its holdings in H&R Block by 129.6% in the 3rd quarter. Ronald Blue Trust Inc. now owns 1,077 shares of the company’s stock worth $46,000 after buying an additional 608 shares during the period. Finally, HM Payson & Co. purchased a new stake in H&R Block in the 3rd quarter worth approximately $50,000. Hedge funds and other institutional investors own 90.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on HRB. The Goldman Sachs Group increased their price objective on H&R Block from $34.00 to $38.00 and gave the stock a “sell” rating in a report on Wednesday, February 7th. StockNews.com upgraded H&R Block from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th.

Get Our Latest Report on HRB

Insider Buying and Selling at H&R Block

In other H&R Block news, CEO Jeffrey J. Jones II sold 85,921 shares of H&R Block stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $49.21, for a total transaction of $4,228,172.41. Following the completion of the transaction, the chief executive officer now owns 755,359 shares in the company, valued at $37,171,216.39. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is owned by company insiders.

H&R Block Stock Down 1.7 %

HRB opened at $47.42 on Wednesday. The stock has a market cap of $6.62 billion, a PE ratio of 13.06, a PEG ratio of 0.92 and a beta of 0.70. The business has a 50 day moving average of $47.77 and a 200-day moving average of $45.82. H&R Block, Inc. has a 52 week low of $28.83 and a 52 week high of $52.90.

H&R Block (NYSE:HRBGet Free Report) last released its earnings results on Tuesday, February 6th. The company reported ($1.27) EPS for the quarter, beating analysts’ consensus estimates of ($1.58) by $0.31. The company had revenue of $179.10 million during the quarter, compared to analysts’ expectations of $169.45 million. H&R Block had a negative return on equity of 227.22% and a net margin of 16.98%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted ($1.37) EPS. Equities analysts anticipate that H&R Block, Inc. will post 4.25 EPS for the current year.

H&R Block Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Tuesday, March 5th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Monday, March 4th. H&R Block’s payout ratio is 35.26%.

H&R Block Company Profile

(Free Report)

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. It 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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