New Age Alpha Advisors LLC Sells 13,863 Shares of H&R Block, Inc. $HRB

New Age Alpha Advisors LLC cut its stake in H&R Block, Inc. (NYSE:HRB) by 49.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,431 shares of the company’s stock after selling 13,863 shares during the period. New Age Alpha Advisors LLC’s holdings in H&R Block were worth $629,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Boston Partners boosted its holdings in H&R Block by 20.2% in the third quarter. Boston Partners now owns 3,886,544 shares of the company’s stock valued at $196,542,000 after acquiring an additional 652,690 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in H&R Block by 0.8% in the third quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock valued at $162,490,000 after acquiring an additional 26,708 shares during the last quarter. Northern Trust Corp boosted its holdings in H&R Block by 10.9% in the third quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock valued at $139,088,000 after acquiring an additional 269,581 shares during the last quarter. AQR Capital Management LLC boosted its holdings in H&R Block by 60.4% in the third quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after acquiring an additional 976,069 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in H&R Block by 2.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,316,404 shares of the company’s stock valued at $117,141,000 after acquiring an additional 56,147 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors.

H&R Block Stock Performance

Shares of HRB opened at $38.33 on Friday. H&R Block, Inc. has a 52-week low of $28.16 and a 52-week high of $59.05. The business’s 50 day moving average price is $33.38 and its two-hundred day moving average price is $36.94. The firm has a market cap of $4.86 billion, a PE ratio of 6.82, a price-to-earnings-growth ratio of 0.60 and a beta of 0.29.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.77 by $0.25. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the firm earned $5.38 earnings per share. The company’s revenue was up 5.3% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Research analysts predict that H&R Block, Inc. will post 5.18 EPS for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a yield of 4.4%. H&R Block’s payout ratio is 29.89%.

Wall Street Analysts Forecast Growth

HRB has been the topic of several analyst reports. 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. Weiss Ratings upgraded H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. The Goldman Sachs Group reduced their target price on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a report on Friday, February 6th. Finally, Zacks Research upgraded H&R Block from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, H&R Block has an average rating of “Moderate Buy” and a consensus target price of $41.00.

H&R Block Company 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.