Janus Henderson Group PLC Increases Stake in H & R Block Inc (HRB)

Janus Henderson Group PLC increased its holdings in H & R Block Inc (NYSE:HRB) by 46.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 462,011 shares of the company’s stock after purchasing an additional 147,128 shares during the period. Janus Henderson Group PLC owned approximately 0.22% of H & R Block worth $12,234,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in H & R Block by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 21,344,192 shares of the company’s stock valued at $659,749,000 after buying an additional 530,380 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in H & R Block by 2.6% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,302,315 shares of the company’s stock valued at $166,885,000 after buying an additional 157,794 shares during the last quarter. APG Asset Management N.V. raised its holdings in H & R Block by 70.5% during the 3rd quarter. APG Asset Management N.V. now owns 4,066,049 shares of the company’s stock valued at $107,669,000 after buying an additional 1,681,474 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in H & R Block by 247.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,065,584 shares of the company’s stock valued at $94,759,000 after buying an additional 2,182,306 shares during the last quarter. Finally, Schroder Investment Management Group raised its holdings in H & R Block by 8.5% during the 3rd quarter. Schroder Investment Management Group now owns 2,891,297 shares of the company’s stock valued at $78,759,000 after buying an additional 226,915 shares during the last quarter. 95.04% of the stock is owned by institutional investors.

H & R Block Inc (HRB) opened at $26.23 on Monday. The company has a debt-to-equity ratio of -3.62, a current ratio of 1.13 and a quick ratio of 1.13. H & R Block Inc has a 1-year low of $19.85 and a 1-year high of $31.80. The company has a market cap of $5,480.00, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

H & R Block (NYSE:HRB) last issued its quarterly earnings data on Wednesday, December 6th. The company reported ($0.71) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.72) by $0.01. H & R Block had a net margin of 12.90% and a negative return on equity of 110.06%. The business had revenue of $140.85 million during the quarter, compared to analyst estimates of $131.24 million. During the same period in the prior year, the business earned ($0.67) EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. sell-side analysts predict that H & R Block Inc will post 1.95 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 4th will be issued a $0.24 dividend. The ex-dividend date is Friday, December 1st. This represents a $0.96 annualized dividend and a yield of 3.66%. H & R Block’s dividend payout ratio (DPR) is presently 50.79%.

HRB has been the subject of a number of recent analyst reports. Oppenheimer reiterated a “market perform” rating on shares of H & R Block in a report on Thursday, August 31st. BMO Capital Markets reiterated a “hold” rating and set a $27.00 price target on shares of H & R Block in a report on Friday, October 13th. Zacks Investment Research upgraded shares of H & R Block from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Northcoast Research reiterated a “neutral” rating on shares of H & R Block in a report on Wednesday, August 30th. Finally, BTIG Research reiterated a “sell” rating and set a $19.00 price target on shares of H & R Block in a report on Tuesday, August 29th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $27.60.

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H & R Block Profile

H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company 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, Australia and their respective territories.

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

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