Range Financial Group LLC Has $744,000 Holdings in H&R Block, Inc. (NYSE:HRB)

Range Financial Group LLC decreased its position in H&R Block, Inc. (NYSE:HRBFree Report) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,372 shares of the company’s stock after selling 793 shares during the quarter. Range Financial Group LLC’s holdings in H&R Block were worth $744,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MetLife Investment Management LLC lifted its stake in H&R Block by 32.0% in the 1st quarter. MetLife Investment Management LLC now owns 112,342 shares of the company’s stock valued at $2,925,000 after acquiring an additional 27,230 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in H&R Block by 3.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 60,302 shares of the company’s stock worth $1,570,000 after purchasing an additional 2,073 shares during the last quarter. Great West Life Assurance Co. Can grew its position in H&R Block by 10.5% in the first quarter. Great West Life Assurance Co. Can now owns 116,912 shares of the company’s stock valued at $3,134,000 after purchasing an additional 11,067 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in H&R Block by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,888,095 shares of the company’s stock valued at $49,167,000 after buying an additional 26,323 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of H&R Block by 12.6% during the 1st quarter. Cetera Investment Advisers now owns 21,603 shares of the company’s stock worth $563,000 after buying an additional 2,424 shares during the last quarter. 90.89% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on HRB. The Goldman Sachs Group lifted their target price on H&R Block from $34.00 to $38.00 and gave the company a “sell” rating in a research report on Wednesday, February 7th. StockNews.com raised H&R Block from a “hold” rating to a “buy” rating in a research report on Thursday, March 7th.

Get Our Latest Research Report on HRB

H&R Block Stock Performance

Shares of HRB opened at $47.04 on Monday. The company has a market cap of $6.56 billion, a PE ratio of 12.88, a price-to-earnings-growth ratio of 0.90 and a beta of 0.70. The firm has a 50-day moving average of $47.35 and a 200-day moving average of $45.10. H&R Block, Inc. has a one year low of $28.83 and a one year high of $52.90. The company has a debt-to-equity ratio of 46.44, a current ratio of 1.21 and a quick ratio of 1.21.

H&R Block (NYSE:HRBGet Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The company reported ($1.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.58) by $0.31. H&R Block had a negative return on equity of 227.22% and a net margin of 16.98%. The firm had revenue of $179.10 million for the quarter, compared to the consensus estimate of $169.45 million. During the same quarter in the previous year, the business earned ($1.37) earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. As a group, equities analysts forecast that H&R Block, Inc. will post 4.25 earnings per share for the current year.

H&R Block Announces Dividend

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 given a dividend of $0.32 per share. The ex-dividend date is Monday, March 4th. This represents a $1.28 dividend on an annualized basis and a yield of 2.72%. H&R Block’s dividend payout ratio (DPR) is 35.26%.

Insider Buying and Selling at H&R Block

In other news, CEO Jeffrey J. Jones II sold 85,921 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $49.21, for a total transaction of $4,228,172.41. Following the completion of the sale, the chief executive officer now owns 755,359 shares in the company, valued at approximately $37,171,216.39. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.20% of the company’s stock.

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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