Landscape Capital Management L.L.C. raised its stake in shares of H&R Block, Inc. (NYSE:HRB – Free Report) by 46.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,498 shares of the company’s stock after buying an additional 66,374 shares during the period. H&R Block makes up 0.6% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 22nd biggest position. Landscape Capital Management L.L.C.’s holdings in H&R Block were worth $9,174,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Kingsview Wealth Management LLC increased its stake in H&R Block by 3,375.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 193,262 shares of the company’s stock valued at $9,773,000 after buying an additional 187,702 shares during the period. Royce & Associates LP grew its stake in shares of H&R Block by 170.0% in the 3rd quarter. Royce & Associates LP now owns 214,556 shares of the company’s stock worth $10,850,000 after purchasing an additional 135,100 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of H&R Block by 1,999.7% in the fourth quarter. Sound Income Strategies LLC now owns 106,077 shares of the company’s stock worth $4,461,000 after buying an additional 101,025 shares during the period. UBS Group AG boosted its holdings in shares of H&R Block by 19.2% in the fourth quarter. UBS Group AG now owns 934,917 shares of the company’s stock worth $40,744,000 after buying an additional 150,719 shares during the period. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of H&R Block by 173.2% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 267,466 shares of the company’s stock worth $13,526,000 after buying an additional 169,562 shares during the period. Institutional investors and hedge funds own 90.14% of the company’s stock.
H&R Block Price Performance
Shares of HRB opened at $36.41 on Friday. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 0.56 and a beta of 0.35. The company has a 50-day moving average of $34.80 and a two-hundred day moving average of $36.44. H&R Block, Inc. has a one year low of $28.16 and a one year high of $57.55.
H&R Block Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, June 3rd. H&R Block’s dividend payout ratio (DPR) is currently 29.89%.
Analyst Upgrades and Downgrades
Several brokerages have commented on HRB. Weiss Ratings reiterated a “hold (c-)” rating on shares of H&R Block in a report on Friday, May 29th. Zacks Research upgraded shares of H&R Block from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Finally, Barrington Research reiterated an “outperform” rating and issued a $50.00 target price on shares of H&R Block in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $41.00.
Get Our Latest Research Report on HRB
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.
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