H&R Block Inc (NYSE:HRB) Institutional Investor Sentiment Analysis
- Author: Zachary Reyes Jun 24, 2017,
Jun 24, 2017, 5:08
(NYSE:HRB) by 40.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The Stock traded with an actual day volume of 2.54 Million and average volume of 3.2 Million respectively.
The Average Volume for 10 days is 5.89 Million for H&R Block (NYSE:HRB).
Other hedge funds have also recently made changes to their positions in the company. State Treasurer State of MI increased its stake in shares of H&R Block by 0.3% in the first quarter. ING Groep NV now owns 12,806 shares of the company's stock worth $297,000 after buying an additional 3,767 shares during the period. Legal & General Grp Public Ltd Co reported 0.02% of its portfolio in H & R Block Inc (NYSE:HRB). H&R Block has a 1-year low of $19.85 and a 1-year high of $31.21. State Street Corp now owns 10,032,122 shares of the company's stock worth $230,630,000 after buying an additional 379,197 shares in the last quarter.
H&R Block, Inc., through its subsidiaries, provides tax preparation and other services. Tobam owns 2.06% invested in H & R Block Inc (NYSE:HRB) for 2.20 million shares. First Eagle Investment Management LLC boosted its position in shares of H&R Block by 3.3% in the first quarter. The firm owned 42,637 shares of the company's stock after buying an additional 5,362 shares during the period. Korea Investment CORP increased its position in H&R Block by 30.2% in the first quarter.
HRB's fiscal year ends April 30, 2017 and the most recent quarter started on April 30, 2017.
H&R Block, Inc.'s P/E ratio is 16.36 and market capitalization is 6.45B. They now have a United States dollars 32 price target on the stock.
The stock Hit its 1-year high of $31.02 on 06/22/17 and its 1-year low price of $19.85 on 02/24/17. H & R Block Inc (NYSE:HRB) has risen 27.23% since June 23, 2016 and is uptrending. The company reported $3.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.53 by $0.23. H&R Block had a negative return on equity of 104.14% and a net margin of 13.47%. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period a year ago, the company posted $3.16 EPS. The company's revenue for the quarter was up 1.3% compared to the same quarter past year.
H&R Block, Inc. (HRB) performance during the last one year Improved 32.29 percent, while its year to date (YTD) performance showed a Positive trend of 30.97 percent.
The company also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Stockholders of record on Friday, June 23rd will be issued a dividend of $0.24 per share. (HRB) Ex-Dividend Date Scheduled for June 21, 2017" published on June 20, 2017, Benzinga.com published: "Mid-Morning Market Update: "Markets Mostly Flat; H & R Block Profit Tops Views" on June 14, 2017. This represents a $0.96 annualized dividend and a yield of 3.11%. Lazard Asset Ltd Liability invested 0.01% of its portfolio in H & R Block Inc (NYSE:HRB). H&R Block's dividend payout ratio is now 43.78%.
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H&R Block, Inc. (HRB), a part of Services sector and belongs to Personal Services industry; ended its day with loss -1.67% and finalized at the price of $30.11. The firm earned "Sell" rating on Monday, November 28 by BTIG Research. Finally, Oppenheimer Holdings, Inc. restated a "market perform" rating on shares of H&R Block in a research report on Friday, March 10th. The stock of H & R Block Inc (NYSE:HRB) earned "Buy" rating by Piper Jaffray on Thursday, September 3. The firm has "Outperform" rating by Barrington Research given on Friday, September 4. Zacks Investment Research downgraded H&R Block from a "buy" rating to a "hold" rating in a research report on Tuesday, June 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. A rating of 3 would signify a consensus Hold recommendation. Canada Pension Plan Investment Board now owns 93,574 shares of the company's stock valued at $2,176,000 after buying an additional 58,747 shares during the period. Also, Director Tom D. Seip sold 6,300 shares of H&R Block stock in a transaction that occurred on Thursday, June 15th.
President and CEO William C Cobb sold 750,000 shares of HRB stock on 06/21/2017 at the average price of $30.4. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.
TRADEMARK VIOLATION NOTICE: "BTIG Research Boosts H&R Block, Inc".