Sentiment Report: H&R Block Inc (NYSE:HRB)


The fund owned 3,010,000 shares of the company's stock after buying an additional 115,000 shares during the period.

Shares of H&R Block, Inc. The firm owned 920,073 shares of the company's stock after selling 614,290 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in H&R Block by 58.3% in the first quarter. State Street Corp now owns 10,032,122 shares of the company's stock valued at $230,630,000 after buying an additional 379,197 shares during the last quarter. TrimTabs Asset Management LLC increased its position in shares of H&R Block by 88.9% in the first quarter. Moreover, Guinness Atkinson Asset Management Inc has 3.74% invested in the company for 240,000 shares.

11/13/2014 - H&R Block, Inc. was downgraded to "neutral" by analysts at Northcoast Research. The stock has been active on the tape, now trading at $31.15, up from yesterday's close by 0.84%.

During the trading day, the stock price fluctuated between $30.72 and $31.27. Over the past twelve months, H&R Block, Inc. The firm has a market capitalization of $6.45 billion, a PE ratio of 16.36 and a beta of 0.58. (HRB)'s latest closing price distance was at 28.90% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 17.44% and 11.17% compared with the 20 Day Moving Average. Laffer Investments' holdings in H&R Block were worth $1,668,000 at the end of the most recent quarter. Next quarter's EPS is forecasted at $-0.73 and the next full year EPS is projected to be $2.09. The firm had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.32 billion. The firm's quarterly revenue was up 1.3% compared to the same quarter previous year. During the same period in the prior year, the firm earned $3.16 EPS. On average, equities analysts expect that H&R Block, Inc. will post $1.99 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 3rd. Investors of record on Friday, June 23rd will be given a dividend of $0.24 per share.

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Investors who are keeping close eye on H&R Block, Inc.

According to Yahoo Finance, The Dividend Date for H&R Block is Jul 3, 2017 and its Ex-Dividend Date is Mar 10, 2017. The ex-dividend date of this dividend is Wednesday, June 21st. H&R Block's dividend payout ratio is now 47.76%. Asset Management holds 900 shares or 0% of its portfolio. "(HRB)" was first published by Stock Observer and is the sole property of of Stock Observer. If you are reading this article on another publication, it was illegally stolen and republished in violation of USA & worldwide copyright & trademark legislation.

Several research firms recently weighed in on HRB. Finally, Barrington Research upped their target price on H&R Block from $28.00 to $32.00 and gave the company an "outperform" rating in a research note on Monday. Oppenheimer maintained the stock with "Outperform" rating in Wednesday, August 26 report.

06/14/2017 - H&R Block, Inc. had its "neutral" rating reiterated by analysts at Credit Suisse. H & R Block had 17 analyst reports since August 25, 2015 according to SRatingsIntel. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. If the $33.22 price target is reached, the company will be worth $501.60 million more. The ratio worsened, as 163 funds increased and started new equity positions, while 172 decreased and sold positions in H&R Block Inc. Following the sale, the director now owns 91,071 shares in the company, valued at $2,717,558.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The shares were sold at an average price of $29.84, for a total transaction of $187,992.00. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference. Following the sale, the director now owns 82,083 shares in the company, valued at $2,463,310.83. The disclosure for this sale can be found here. State Street Corp accumulated 10.03 million shares or 0.02% of the stock. The Company offers a range of online tax services, including preparation of federal and state income tax returns, review of tax returns by a tax professional, access to tax tips, advice and tax-related news, use of calculators for tax planning, error checking and electronic filing.

"When it comes to milestones, H&R Block has celebrated many as the inventor of the tax preparation industry", stated Heather Watts, H&R Block vice president and general manager of digital products.