H&R Block, Inc. $HRB Shares Sold by Ruffer LLP

Ruffer LLP reduced its holdings in H&R Block, Inc. (NYSE:HRB) by 26.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 91,950 shares of the company’s stock after selling 33,647 shares during the period. Ruffer LLP’s holdings in H&R Block were worth $4,650,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in H&R Block by 85.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock worth $119,000 after buying an additional 1,009 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of H&R Block by 3.6% in the first quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock valued at $627,000 after purchasing an additional 400 shares during the period. Goldman Sachs Group Inc. raised its stake in H&R Block by 15.2% during the first quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock worth $46,593,000 after purchasing an additional 112,127 shares during the period. GAMMA Investing LLC boosted its holdings in H&R Block by 43.2% in the 2nd quarter. GAMMA Investing LLC now owns 2,160 shares of the company’s stock valued at $119,000 after purchasing an additional 652 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of H&R Block by 40.0% in the 2nd quarter. Signaturefd LLC now owns 651 shares of the company’s stock valued at $36,000 after buying an additional 186 shares during the period. Hedge funds and other institutional investors own 90.14% of the company’s stock.

Insiders Place Their Bets

In other H&R Block news, CEO Jeffrey J. Jones II sold 176,449 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total value of $8,197,820.54. Following the completion of the transaction, the chief executive officer owned 906,313 shares in the company, valued at approximately $42,107,301.98. This represents a 16.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.40% of the stock is owned by corporate insiders.

H&R Block Trading Down 0.7%

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

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, topping the consensus estimate of ($1.40) by $0.20. The firm had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the company earned ($1.17) earnings per share. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Equities analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 4th were paid a $0.42 dividend. The ex-dividend date was Thursday, December 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.3%. H&R Block’s payout ratio is 37.75%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barrington Research restated an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a research report on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $55.00.

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.