Y Intercept Hong Kong Ltd Lowers Stake in H&R Block, Inc. $HRB

Y Intercept Hong Kong Ltd cut its stake in H&R Block, Inc. (NYSE:HRB) by 49.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,902 shares of the company’s stock after selling 44,733 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in H&R Block were worth $2,321,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Operose Advisors LLC bought a new position in H&R Block in the second quarter worth about $27,000. Alpine Bank Wealth Management purchased a new position in shares of H&R Block in the 3rd quarter worth approximately $26,000. Quent Capital LLC purchased a new position in shares of H&R Block in the 3rd quarter worth approximately $27,000. Signaturefd LLC raised its stake in shares of H&R Block by 40.0% during the 2nd quarter. Signaturefd LLC now owns 651 shares of the company’s stock worth $36,000 after acquiring an additional 186 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in H&R Block during the third quarter valued at approximately $35,000. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on HRB. Barrington Research reaffirmed an “outperform” rating and issued a $62.00 price target on shares of H&R Block in a report on Thursday, January 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $55.00.

H&R Block Trading Down 0.7%

Shares of H&R Block stock opened at $39.02 on Thursday. The firm’s 50 day simple moving average is $42.53 and its two-hundred day simple moving average is $48.29. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 8.77, a PEG ratio of 0.64 and a beta of 0.34. H&R Block, Inc. has a 12-month low of $38.61 and a 12-month high of $64.62. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 12.86.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) EPS 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 business had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. During the same period in the previous year, the firm posted ($1.17) earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Analysts predict that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Thursday, December 4th. H&R Block’s dividend payout ratio (DPR) is presently 37.75%.

Insider Activity at H&R Block

In related news, CEO Jeffrey J. Jones II sold 128,818 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $44.54, for a total value of $5,737,553.72. Following the sale, the chief executive officer owned 861,313 shares in the company, valued at $38,362,881.02. This represents a 13.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is owned by company insiders.

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.