15,789 Shares in H&R Block, Inc. $HRB Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC purchased a new stake in H&R Block, Inc. (NYSE:HRB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,789 shares of the company’s stock, valued at approximately $798,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Operose Advisors LLC bought a new position in shares of H&R Block during the 2nd quarter worth about $27,000. Signaturefd LLC increased its stake in H&R Block by 40.0% during the second quarter. Signaturefd LLC now owns 651 shares of the company’s stock valued at $36,000 after acquiring an additional 186 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in H&R Block by 100.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after acquiring an additional 357 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of H&R Block by 30.0% in the 2nd quarter. Bogart Wealth LLC now owns 866 shares of the company’s stock worth $48,000 after acquiring an additional 200 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of H&R Block by 119.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $50,000 after acquiring an additional 497 shares during the period. 90.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Jeffrey J. Jones II sold 128,818 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the completion of the sale, the chief executive officer owned 861,313 shares of the company’s stock, valued at approximately $38,362,881.02. This trade represents a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HRB. Barrington Research restated an “outperform” rating and issued a $62.00 target price on shares of H&R Block in a research note on Monday, October 27th. Weiss Ratings restated a “hold (c)” rating on shares of H&R Block in a research note on Monday, December 15th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $55.00.

H&R Block Stock Performance

Shares of NYSE:HRB opened at $43.67 on Tuesday. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76. The business’s fifty day moving average price is $45.49 and its two-hundred day moving average price is $50.27. H&R Block, Inc. has a fifty-two week low of $41.17 and a fifty-two week high of $64.62. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 9.81, a price-to-earnings-growth ratio of 0.71 and a beta of 0.31.

H&R Block (NYSE:HRB) last issued its earnings results on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, beating 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 company had revenue of $203.55 million for the quarter, compared to the consensus estimate of $200.13 million. During the same quarter in the previous year, the company earned ($1.17) EPS. The firm’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. As a group, analysts predict that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, December 4th. H&R Block’s dividend payout ratio is currently 37.75%.

About H&R Block

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.