Voya Investment Management LLC Has $15.22 Million Stake in H&R Block, Inc. $HRB

Voya Investment Management LLC lowered its position in H&R Block, Inc. (NYSE:HRB) by 13.9% in the third quarter, HoldingsChannel.com reports. The fund owned 300,957 shares of the company’s stock after selling 48,668 shares during the quarter. Voya Investment Management LLC’s holdings in H&R Block were worth $15,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in H&R Block by 5.6% in the 2nd quarter. Geode Capital Management LLC now owns 2,849,655 shares of the company’s stock valued at $156,439,000 after purchasing an additional 150,184 shares during the last quarter. Norges Bank acquired a new position in shares of H&R Block in the second quarter valued at $97,826,000. Qube Research & Technologies Ltd lifted its stake in shares of H&R Block by 21.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,750,760 shares of the company’s stock worth $96,099,000 after buying an additional 312,776 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in H&R Block by 5.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,598,656 shares of the company’s stock valued at $87,750,000 after buying an additional 83,103 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in H&R Block by 0.9% in the 1st quarter. Royal Bank of Canada now owns 1,244,858 shares of the company’s stock valued at $68,356,000 after buying an additional 10,671 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HRB has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of H&R Block in a report on Monday, December 15th. Barrington Research reaffirmed an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a report on Monday, October 27th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, H&R Block presently has an average rating of “Hold” and a consensus price target of $55.00.

Insider Activity at H&R Block

In other news, CEO Jeffrey J. Jones II sold 176,449 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the completion of the sale, the chief executive officer owned 906,313 shares of the company’s stock, valued at approximately $42,107,301.98. This represents a 16.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

H&R Block Trading Down 1.8%

Shares of HRB stock opened at $42.92 on Tuesday. The stock has a market cap of $5.43 billion, a P/E ratio of 9.64, a price-to-earnings-growth ratio of 0.71 and a beta of 0.31. H&R Block, Inc. has a 1 year low of $41.17 and a 1 year high of $64.62. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 12.86. The stock has a 50 day simple moving average of $46.29 and a 200 day simple moving average of $50.71.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.20. The firm had revenue of $203.55 million for the quarter, compared to analyst estimates of $200.13 million. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, research analysts predict that H&R Block, Inc. will post 5.25 earnings per share 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 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio is presently 37.75%.

H&R Block Company Profile

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.