H&R Block, Inc. (NYSE:HRB) Stock Holdings Decreased by SG Americas Securities LLC

SG Americas Securities LLC reduced its holdings in H&R Block, Inc. (NYSE:HRB) by 75.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,032 shares of the company’s stock after selling 18,517 shares during the period. SG Americas Securities LLC’s holdings in H&R Block were worth $319,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its stake in H&R Block by 5.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,936,829 shares of the company’s stock valued at $313,735,000 after buying an additional 255,354 shares during the last quarter. Wedge Capital Management L L P NC raised its stake in shares of H&R Block by 13.8% in the fourth quarter. Wedge Capital Management L L P NC now owns 884,714 shares of the company’s stock valued at $46,748,000 after acquiring an additional 107,450 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of H&R Block by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 754,287 shares of the company’s stock worth $47,935,000 after purchasing an additional 25,234 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in H&R Block by 29.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 698,101 shares of the company’s stock valued at $44,364,000 after acquiring an additional 156,856 shares in the last quarter. Finally, Bridgewater Associates LP raised its position in shares of H&R Block by 96.4% during the third quarter. Bridgewater Associates LP now owns 309,664 shares of the company’s stock worth $19,679,000 after acquiring an additional 151,978 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analyst Ratings Changes

Separately, Barrington Research reissued an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a research note on Monday, January 27th.

H&R Block Trading Down 2.4 %

Shares of H&R Block stock opened at $54.43 on Wednesday. The stock has a market cap of $7.46 billion, a P/E ratio of 13.28, a P/E/G ratio of 0.84 and a beta of 0.69. The business’s 50 day moving average is $55.06 and its 200-day moving average is $58.77. H&R Block, Inc. has a 12-month low of $42.28 and a 12-month high of $68.45. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 16.46.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share for the quarter, missing the consensus estimate of ($1.59) by ($0.14). H&R Block had a negative return on equity of 212.45% and a net margin of 16.19%. Equities research analysts predict that H&R Block, Inc. will post 5.27 earnings per share for the current fiscal year.

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.