Jump Financial LLC Purchases 74,935 Shares of H&R Block, Inc. $HRB

Jump Financial LLC grew its position in shares of H&R Block, Inc. (NYSE:HRB) by 988.1% during the second quarter, Holdings Channel reports. The institutional investor owned 82,519 shares of the company’s stock after purchasing an additional 74,935 shares during the quarter. Jump Financial LLC’s holdings in H&R Block were worth $4,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in HRB. Signaturefd LLC raised its stake in H&R Block by 40.0% in the 2nd quarter. Signaturefd LLC now owns 651 shares of the company’s stock valued at $36,000 after acquiring an additional 186 shares during the period. CWM LLC increased its stake in shares of H&R Block by 1.3% in the second quarter. CWM LLC now owns 15,159 shares of the company’s stock worth $832,000 after purchasing an additional 197 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of H&R Block by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 37,700 shares of the company’s stock valued at $2,069,000 after purchasing an additional 200 shares during the period. Bogart Wealth LLC lifted its stake in shares of H&R Block by 30.0% during the 2nd quarter. Bogart Wealth LLC now owns 866 shares of the company’s stock valued at $48,000 after buying an additional 200 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of H&R Block by 72.1% during the 1st quarter. Brooklyn Investment Group now owns 513 shares of the company’s stock valued at $28,000 after buying an additional 215 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

H&R Block Stock Up 1.5%

Shares of NYSE:HRB opened at $41.88 on Wednesday. The firm has a fifty day moving average price of $47.67 and a two-hundred day moving average price of $51.62. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76. H&R Block, Inc. has a one year low of $41.17 and a one year high of $64.62. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 0.67 and a beta of 0.31.

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

H&R Block Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 4th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio is currently 37.75%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group reduced their price objective on shares of H&R Block from $54.00 to $48.00 and set a “sell” rating for the company in a research note on Wednesday, August 13th. Zacks Research lowered H&R Block from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Barrington Research reiterated an “outperform” rating and set a $62.00 price objective on shares of H&R Block in a research note on Monday, October 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of H&R Block in a report on Monday. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $55.00.

Insider Buying and Selling at H&R Block

In other news, CEO Jeffrey J. Jones II sold 128,818 shares of H&R Block stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the completion of the sale, the chief executive officer owned 861,313 shares in the company, valued at approximately $38,362,881.02. This trade represents a 13.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.40% of the stock is currently owned by insiders.

H&R Block Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.