Gideon Capital Advisors Inc. acquired a new stake in H&R Block during the fourth quarter valued at approximately $506,000. (NYSE:HRB) by 11.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. Ltd. now owns 35,010 shares of the company's stock worth $814,000 after buying an additional 410 shares during the period. Asset Management One Co.
Several analysts have recently issued reports on HRB shares. Ltd. boosted its stake in H&R Block by 1,343.5% in the fourth quarter. State Treasurer State of MI now owns 67,998 shares of the company's stock worth $1,581,000 after buying an additional 200 shares during the period. Brown Advisory Inc. boosted its stake in H&R Block by 6.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,343 shares of the company's stock worth $122,000 after buying an additional 695 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of H&R Block by 1.7% in the first quarter. Korea Investment CORP now owns 138,000 shares of the company's stock worth $3,209,000 after buying an additional 32,000 shares during the last quarter. Finally, Morgan Stanley upped their price objective on H&R Block from $24.00 to $27.00 and gave the company an "equal weight" rating in a research note on Wednesday. Aviva PLC now owns 147,085 shares of the company's stock valued at $3,383,000 after buying an additional 6,681 shares in the last quarter. TrimTabs Asset Management LLC increased its position in shares of H&R Block by 88.9% in the first quarter. (HRB) now has a value of $29.92 while the company's 52 week low is at $19.85, the shares dropped to the 52 week low on 02/24/17. Nationwide Fund Advisors has invested 0.03% in H & R Block Inc (NYSE:HRB).
First Niagara Financial Group Inc.is a bank holding firm for First Niagara Bank, N.A. The company has market cap of $3.61 billion. The stock has a 50 day moving average of $26.26 and a 200 day moving average of $23.61.
H&R Block (NYSE:HRB) last announced its quarterly earnings data on Tuesday, June 13th. The company reported $3.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.23. H&R Block had a net margin of 13.47% and a negative return on equity of 104.14%. The business's revenue was up 1.3% compared to the same quarter a year ago. During the same quarter in the previous year, the business earned $3.16 EPS. Analysts forecast that H&R Block will post $2.00 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, July 3rd. Shareholders of record on Friday, June 23rd will be issued a dividend of $0.24 per share. The ex-dividend date is Wednesday, June 21st. Leisure Mngmt invested 0.18% in H & R Block Inc (NYSE:HRB). This represents a $0.96 annualized dividend and a yield of 3.21%. H&R Block's dividend payout ratio is now 43.78%. If you are reading this story on another publication, it was stolen and republished in violation of United States & global trademark & copyright laws. The original version of this piece of content can be read at https://www.themarketsdaily.com/2017/06/19/baird-financial-group-inc-has-2-161-million-stake-in-h-r-block-inc-hrb-updated-updated-updated.html. Zacks Investment Research raised H&R Block from a "sell" rating to a "hold" rating and set a $27.00 price objective for the company in a research note on Thursday, March 9th.
In a report published by BMO Capital Markets on Friday, 16 June, H&R Block (NYSE:HRB) had its target raised to $31.00.
Analysts at Oppenheimer Holdings boosted their Q1 2018 earnings per share estimates for shares of H&R Block in a research report issued to clients and investors on Wednesday.
H&R Block (NYSE:HRB) opened at 29.92 on Wednesday. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 28.49%, and has a solid year to date (YTD) performance of 30.14% which means the stock is constantly adding to its value from the previous fiscal year end price.
H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Firm 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, Australia and their respective territories.