H&R Block, Inc. $HRB Stock Position Decreased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in H&R Block, Inc. (NYSE:HRB) by 60.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,475 shares of the company’s stock after selling 57,369 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in H&R Block were worth $1,895,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in HRB. Geode Capital Management LLC lifted its stake in H&R Block by 5.6% in the second quarter. Geode Capital Management LLC now owns 2,849,655 shares of the company’s stock valued at $156,439,000 after buying an additional 150,184 shares during the last quarter. Norges Bank acquired a new stake in shares of H&R Block in the 2nd quarter worth about $97,826,000. Qube Research & Technologies Ltd lifted its position in H&R Block by 21.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,750,760 shares of the company’s stock valued at $96,099,000 after purchasing an additional 312,776 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in H&R Block by 5.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,598,656 shares of the company’s stock valued at $87,750,000 after purchasing an additional 83,103 shares during the period. Finally, Marshall Wace LLP boosted its stake in H&R Block by 24.6% during the 2nd quarter. Marshall Wace LLP now owns 1,091,626 shares of the company’s stock valued at $59,919,000 after purchasing an additional 215,472 shares during the period. 90.14% of the stock is owned by institutional investors.

H&R Block Stock Performance

HRB opened at $39.43 on Friday. The business has a 50 day moving average price of $42.35 and a two-hundred day moving average price of $48.11. 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 company has a market capitalization of $4.98 billion, a price-to-earnings ratio of 8.86, a price-to-earnings-growth ratio of 0.63 and a beta of 0.34. H&R Block, Inc. has a 1-year low of $38.35 and a 1-year 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 (EPS) for the quarter, beating the consensus estimate of ($1.40) by $0.20. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The company had revenue of $203.55 million for the quarter, compared to analysts’ expectations of $200.13 million. During the same period last year, the firm earned ($1.17) EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Research analysts predict that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th were given a dividend of $0.42 per share. The ex-dividend date was Thursday, December 4th. This represents a $1.68 annualized dividend and a dividend yield of 4.3%. H&R Block’s dividend payout ratio (DPR) is 37.75%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HRB. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a report on Monday, December 29th. Barrington Research reaffirmed an “outperform” rating and set a $62.00 target price on shares of H&R Block in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $55.00.

Insider Activity at H&R Block

In related news, CEO Jeffrey J. Jones II sold 128,818 shares of the 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 directly owned 861,313 shares of the company’s stock, valued at $38,362,881.02. This represents a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is owned by insiders.

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.