Keybank National Association OH lowered its holdings in H & R Block Inc (NYSE:HRB) by 22.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,559 shares of the company’s stock after selling 9,132 shares during the quarter. Keybank National Association OH’s holdings in H & R Block were worth $801,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of HRB. Atlas Capital Advisors LLC boosted its holdings in shares of H & R Block by 21.6% in the 4th quarter. Atlas Capital Advisors LLC now owns 5,861 shares of the company’s stock worth $149,000 after buying an additional 1,041 shares during the last quarter. Royal London Asset Management Ltd. bought a new stake in H & R Block in the 4th quarter valued at about $1,973,000. Arizona State Retirement System raised its stake in H & R Block by 6.3% in the 4th quarter. Arizona State Retirement System now owns 78,071 shares of the company’s stock valued at $3,331,000 after acquiring an additional 4,652 shares during the period. Quantamental Technologies LLC bought a new stake in H & R Block in the 4th quarter valued at about $185,000. Finally, Landmark Bank raised its stake in H & R Block by 5.3% in the 4th quarter. Landmark Bank now owns 12,521 shares of the company’s stock valued at $318,000 after acquiring an additional 625 shares during the period. 94.88% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research cut H & R Block from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. ValuEngine cut H & R Block from a “hold” rating to a “sell” rating in a research note on Thursday, January 31st. Goldman Sachs Group cut H & R Block from a “neutral” rating to a “sell” rating and set a $22.00 price objective on the stock. in a research note on Thursday, January 31st. Finally, Morgan Stanley boosted their price objective on H & R Block from $26.00 to $27.00 and gave the company a “hold” rating in a research note on Friday, December 7th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $24.53.

Shares of H & R Block stock opened at $23.91 on Friday. H & R Block Inc has a 52-week low of $22.45 and a 52-week high of $29.81. The stock has a market capitalization of $4.93 billion, a P/E ratio of 8.82, a PEG ratio of 1.23 and a beta of 0.11. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 7.79.

H & R Block (NYSE:HRB) last announced its quarterly earnings results on Thursday, December 6th. The company reported ($0.83) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.93) by $0.10. H & R Block had a negative return on equity of 1,624.01% and a net margin of 17.90%. The firm had revenue of $149.00 million for the quarter, compared to analysts’ expectations of $139.80 million. During the same period in the prior year, the business posted ($0.71) earnings per share. The company’s revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts forecast that H & R Block Inc will post 1.95 EPS for the current year.

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H & R Block Company Profile

H&R Block, Inc, through its subsidiaries, 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, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

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

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