Linden Thomas Advisory Services LLC Decreases Holdings in H&R Block, Inc. $HRB

Linden Thomas Advisory Services LLC trimmed its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 0.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,192 shares of the company’s stock after selling 217 shares during the period. Linden Thomas Advisory Services LLC’s holdings in H&R Block were worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its holdings in H&R Block by 129.2% in the 1st quarter. GAMMA Investing LLC now owns 1,508 shares of the company’s stock worth $83,000 after buying an additional 850 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in H&R Block by 7.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,328 shares of the company’s stock worth $897,000 after buying an additional 1,100 shares in the last quarter. Asset Management One Co. Ltd. acquired a new position in H&R Block in the 1st quarter worth $1,317,000. Sequoia Financial Advisors LLC acquired a new position in H&R Block in the 1st quarter worth $1,348,000. Finally, Illinois Municipal Retirement Fund lifted its holdings in H&R Block by 32.2% in the 1st quarter. Illinois Municipal Retirement Fund now owns 55,248 shares of the company’s stock worth $3,034,000 after buying an additional 13,447 shares in the last quarter. 90.14% of the stock is owned by hedge funds and other institutional investors.

H&R Block Price Performance

HRB opened at $52.18 on Friday. The firm has a market cap of $6.67 billion, a price-to-earnings ratio of 11.67, a price-to-earnings-growth ratio of 0.85 and a beta of 0.31. H&R Block, Inc. has a fifty-two week low of $47.00 and a fifty-two week high of $64.62. The company’s 50-day moving average price is $50.95 and its 200 day moving average price is $54.80. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 12.86.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Tuesday, August 12th. The company reported $2.27 earnings per share for the quarter, missing the consensus estimate of $2.81 by ($0.54). H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company earned $1.89 EPS. H&R Block’s revenue was up 4.6% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, sell-side analysts expect that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Thursday, September 4th were given a $0.42 dividend. This is a positive change from H&R Block’s previous quarterly dividend of $0.38. The ex-dividend date was Thursday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.2%. H&R Block’s payout ratio is currently 37.58%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Weiss Ratings lowered shares of H&R Block from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday. Barrington Research restated an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a research note on Tuesday, September 23rd. Zacks Research lowered shares of H&R Block from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Finally, The Goldman Sachs Group cut their target price on shares of H&R Block from $54.00 to $48.00 and set a “sell” rating on the stock in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $55.00.

H&R Block Company Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.