Y Intercept Hong Kong Ltd Reduces Stock Holdings in H&R Block, Inc. $HRB

Y Intercept Hong Kong Ltd lowered its stake in shares of H&R Block, Inc. (NYSE:HRB) by 49.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 45,902 shares of the company’s stock after selling 44,733 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in H&R Block were worth $2,321,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in H&R Block by 85.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock valued at $119,000 after acquiring an additional 1,009 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in H&R Block by 3.6% during the 1st quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock valued at $627,000 after purchasing an additional 400 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in H&R Block by 15.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock valued at $46,593,000 after purchasing an additional 112,127 shares during the last quarter. GAMMA Investing LLC raised its position in H&R Block by 43.2% in the 2nd quarter. GAMMA Investing LLC now owns 2,160 shares of the company’s stock worth $119,000 after purchasing an additional 652 shares during the period. Finally, Signaturefd LLC lifted its stake in H&R Block by 40.0% in the second quarter. Signaturefd LLC now owns 651 shares of the company’s stock worth $36,000 after purchasing an additional 186 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HRB has been the topic of a number of analyst reports. Barrington Research reaffirmed an “outperform” rating and set a $62.00 target price on shares of H&R Block in a research note on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $55.00.

Insider Activity at H&R Block

In other news, CEO Jeffrey J. Jones II sold 128,818 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $44.54, for a total value of $5,737,553.72. Following the completion of the sale, the chief executive officer owned 861,313 shares of the company’s stock, valued at approximately $38,362,881.02. This represents a 13.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.

H&R Block Stock Performance

H&R Block stock opened at $39.02 on Thursday. The company has a debt-to-equity ratio of 12.86, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $4.93 billion, a PE ratio of 8.77, a P/E/G ratio of 0.64 and a beta of 0.34. The company has a 50 day moving average price of $42.53 and a 200-day moving average price of $48.29. H&R Block, Inc. has a fifty-two week low of $38.61 and a fifty-two week high of $64.62.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, topping the consensus estimate of ($1.40) by $0.20. The company had revenue of $203.55 million for the quarter, compared to the consensus estimate of $200.13 million. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.H&R Block’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business posted ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, equities analysts forecast that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 4th were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $1.68 dividend on an annualized basis and a yield of 4.3%. H&R Block’s dividend payout ratio (DPR) is 37.75%.

H&R Block Profile

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.