Ruffer LLP Sells 33,647 Shares of H&R Block, Inc. $HRB

Ruffer LLP lowered its stake in H&R Block, Inc. (NYSE:HRB) by 26.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,950 shares of the company’s stock after selling 33,647 shares during the period. Ruffer LLP owned approximately 0.07% of H&R Block worth $4,650,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Alpine Bank Wealth Management bought a new position in shares of H&R Block during the 3rd quarter valued at approximately $26,000. Operose Advisors LLC bought a new position in H&R Block during the second quarter valued at $27,000. Quent Capital LLC bought a new stake in shares of H&R Block in the 3rd quarter worth about $27,000. Mather Group LLC. bought a new position in H&R Block during the 3rd quarter valued at about $35,000. 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 owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of H&R Block stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total value of $8,197,820.54. Following the sale, the chief executive officer directly owned 906,313 shares in the company, valued at approximately $42,107,301.98. The trade was a 16.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

H&R Block Stock Performance

NYSE HRB opened at $39.02 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 12.86. H&R Block, Inc. has a twelve month low of $38.61 and a twelve month high of $64.62. The stock has a 50-day moving average of $42.53 and a 200 day moving average of $48.29. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 8.77, a PEG ratio of 0.64 and a beta of 0.34.

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

H&R Block Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th were paid 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 dividend yield of 4.3%. H&R Block’s payout ratio is currently 37.75%.

Wall Street Analyst Weigh In

HRB has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a report on Monday, December 29th. Barrington Research reiterated an “outperform” rating and set a $62.00 target price on shares of H&R Block in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, H&R Block presently has a consensus rating of “Hold” and a consensus target price of $55.00.

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.