H & R Block Inc (NYSE:HRB) Holdings Trimmed by Chevy Chase Trust Holdings Inc.

Chevy Chase Trust Holdings Inc. trimmed its position in shares of H & R Block Inc (NYSE:HRB) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,540 shares of the company’s stock after selling 2,061 shares during the period. Chevy Chase Trust Holdings Inc.’s holdings in H & R Block were worth $3,863,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its holdings in shares of H & R Block by 13.7% during the 3rd quarter. State Street Corp now owns 13,013,829 shares of the company’s stock valued at $310,659,000 after acquiring an additional 1,566,660 shares in the last quarter. Redpoint Investment Management Pty Ltd grew its holdings in shares of H & R Block by 5.5% during the 3rd quarter. Redpoint Investment Management Pty Ltd now owns 52,538 shares of the company’s stock valued at $1,241,000 after acquiring an additional 2,758 shares in the last quarter. Rational Advisors LLC grew its holdings in shares of H & R Block by 4,454.9% during the 3rd quarter. Rational Advisors LLC now owns 2,323 shares of the company’s stock valued at $55,000 after acquiring an additional 2,272 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of H & R Block by 22.9% during the 3rd quarter. First Trust Advisors LP now owns 508,469 shares of the company’s stock valued at $12,010,000 after acquiring an additional 94,650 shares in the last quarter. Finally, Unigestion Holding SA grew its holdings in shares of H & R Block by 130.7% during the 3rd quarter. Unigestion Holding SA now owns 3,405,230 shares of the company’s stock valued at $80,431,000 after acquiring an additional 1,929,344 shares in the last quarter.

HRB stock opened at $24.07 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 6.14. H & R Block Inc has a 1 year low of $22.96 and a 1 year high of $29.62. The company has a fifty day simple moving average of $24.49 and a 200 day simple moving average of $26.05. The firm has a market cap of $4.89 billion, a PE ratio of 11.20, a PEG ratio of 1.21 and a beta of 0.22.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 9th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Friday, December 6th. H & R Block’s payout ratio is presently 48.37%.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Several equities analysts have recently commented on HRB shares. ValuEngine upgraded shares of H & R Block from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. Barrington Research restated a “buy” rating and set a $30.00 price target on shares of H & R Block in a report on Monday. Morgan Stanley lowered their price target on shares of H & R Block from $29.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, August 29th. TheStreet cut shares of H & R Block from a “b” rating to a “c+” rating in a report on Wednesday, August 28th. Finally, Jefferies Financial Group started coverage on shares of H & R Block in a report on Wednesday, November 27th. They set a “hold” rating and a $28.00 price target on the stock. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. H & R Block presently has a consensus rating of “Hold” and a consensus price target of $27.20.

About H & R Block

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

Further Reading: What is the Gross Domestic Product (GDP)?

Want to see what other hedge funds are holding HRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for H & R Block Inc (NYSE:HRB).

Institutional Ownership by Quarter for H & R Block (NYSE:HRB)

Leave a Reply

Your email address will not be published. Required fields are marked *

*