Ruffer LLP Raises Holdings in H&R Block, Inc. $HRB

Ruffer LLP raised its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 28.4% in the fourth quarter, HoldingsChannel reports. The firm owned 118,033 shares of the company’s stock after buying an additional 26,083 shares during the quarter. Ruffer LLP’s holdings in H&R Block were worth $5,152,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of HRB. Versant Capital Management Inc raised its position in shares of H&R Block by 26.9% in the 3rd quarter. Versant Capital Management Inc now owns 1,042 shares of the company’s stock worth $53,000 after acquiring an additional 221 shares in the last quarter. Cahill Financial Advisors Inc. grew its stake in shares of H&R Block by 5.7% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 4,075 shares of the company’s stock worth $206,000 after buying an additional 221 shares during the last quarter. Xponance Inc. grew its stake in shares of H&R Block by 1.3% in the 3rd quarter. Xponance Inc. now owns 17,403 shares of the company’s stock worth $880,000 after buying an additional 223 shares during the last quarter. US Bancorp DE grew its stake in shares of H&R Block by 2.1% in the 3rd quarter. US Bancorp DE now owns 12,601 shares of the company’s stock worth $637,000 after buying an additional 261 shares during the last quarter. Finally, Covestor Ltd grew its stake in shares of H&R Block by 25.7% in the 3rd quarter. Covestor Ltd now owns 1,399 shares of the company’s stock worth $71,000 after buying an additional 286 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. The Goldman Sachs Group cut their target price on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research note on Friday, February 6th. Barrington Research cut their target price on H&R Block from $62.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, Weiss Ratings upgraded H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $41.00.

H&R Block Stock Performance

Shares of H&R Block stock opened at $32.35 on Wednesday. H&R Block, Inc. has a one year low of $28.16 and a one year high of $64.62. The stock’s fifty day moving average is $31.08 and its 200 day moving average is $39.72. The stock has a market cap of $4.10 billion, a P/E ratio of 7.47, a P/E/G ratio of 0.51 and a beta of 0.32.

H&R Block (NYSE:HRB) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, beating analysts’ consensus estimates of ($1.96) by $0.12. The business had revenue of $198.87 million for the quarter, compared to analysts’ expectations of $187.36 million. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned ($1.73) earnings per share. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Analysts predict that H&R Block, Inc. will post 4.98 EPS for the current year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.42 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.2%. H&R Block’s dividend payout ratio (DPR) is presently 38.80%.

About H&R Block

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.