H & R Block Inc (NYSE:HRB) Holdings Increased by Fort L.P.

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Fort L.P. grew its stake in shares of H & R Block Inc (NYSE:HRB) by 5.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 103,031 shares of the company’s stock after buying an additional 5,663 shares during the quarter. Fort L.P. owned about 0.05% of H & R Block worth $1,451,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC raised its position in shares of H & R Block by 4.8% during the 4th quarter. Cubist Systematic Strategies LLC now owns 81,230 shares of the company’s stock worth $1,907,000 after buying an additional 3,731 shares in the last quarter. AXA raised its position in shares of H & R Block by 23.4% during the 4th quarter. AXA now owns 719,400 shares of the company’s stock worth $16,892,000 after buying an additional 136,500 shares in the last quarter. CHICAGO TRUST Co NA bought a new stake in shares of H & R Block during the 1st quarter worth about $148,000. Unigestion Holding SA bought a new stake in shares of H & R Block in the 1st quarter worth approximately $5,094,000. Finally, Ensign Peak Advisors Inc raised its holdings in shares of H & R Block by 5.7% in the 1st quarter. Ensign Peak Advisors Inc now owns 286,584 shares of the company’s stock worth $4,034,000 after purchasing an additional 15,455 shares in the last quarter. Institutional investors own 96.37% of the company’s stock.

A number of analysts recently commented on the stock. ValuEngine upgraded shares of H & R Block from a “sell” rating to a “hold” rating in a report on Thursday. Oppenheimer reiterated a “hold” rating on shares of H & R Block in a report on Tuesday, June 2nd. BTIG Research reissued a “hold” rating on shares of H & R Block in a research report on Thursday, March 19th. Standpoint Research raised shares of H & R Block from a “hold” rating to a “buy” rating in a research report on Thursday, February 27th. Finally, BMO Capital Markets dropped their target price on shares of H & R Block from $19.00 to $17.00 in a research report on Tuesday, March 31st. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $21.00.

HRB traded down $1.19 on Thursday, reaching $17.74. 201,308 shares of the company traded hands, compared to its average volume of 3,432,904. The stock’s 50 day moving average price is $16.41 and its 200-day moving average price is $19.78. H & R Block Inc has a 52-week low of $11.29 and a 52-week high of $29.62. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 0.55 and a beta of 0.82.

About H & R Block

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

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Institutional Ownership by Quarter for H & R Block (NYSE:HRB)

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