H&R Block, Inc. (HRB) Price Target Raised to $19.00
19 Juin, 2017, 18:34 | Author: Marc Bacque
H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. Baird Financial Group Inc.'s holdings in H&R Block were worth $2,161,000 as of its most recent filing with the SEC.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ltd. boosted its stake in H&R Block by 1,343.5% in the fourth quarter. Ameriprise Financial Inc. now owns 977,722 shares of the company's stock valued at $22,736,000 after buying an additional 896,811 shares in the last quarter. Asset Management One Co. Credit Suisse Group reiterated a "neutral" rating and set a $29.00 price target (up from $27.00) on shares of H&R Block in a report on Wednesday. Ltd. now owns 35,010 shares of the company's stock worth $814,000 after buying an additional 410 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its position in shares of H&R Block by 15.0% in the fourth quarter. State Street Corp now owns 10,032,122 shares of the company's stock worth $230,630,000 after buying an additional 379,197 shares during the last quarter.
Moreover, First Allied Advisory Inc has 0.01% invested in H & R Block Inc (NYSE:HRB) for 9,857 shares. 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, Acadian Asset Management LLC bought a new stake in shares of H&R Block during the first quarter valued at approximately $17,768,000. Ladenburg Thalmann Financial Services Inc. now owns 5,343 shares of the company's stock valued at $122,000 after buying an additional 695 shares during the last quarter. H&R Block has a one year low of $19.85 and a one year high of $30.08.
Currently, EPS of H&R Block, Inc. The company has a market cap of $6.20 billion, a price-to-earnings ratio of 15.71 and a beta of 0.58. The company's 50-day moving average is $26.26 and its 200 day moving average is $23.61.
H&R Block (NYSE:HRB) last posted its quarterly earnings results on Tuesday, June 13th. The company reported $3.76 earnings per share for the quarter, beating the consensus estimate of $3.53 by $0.23. H&R Block had a negative return on equity of 89.55% and a net margin of 10.85%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. The company's quarterly revenue was up 1.3% compared to the same quarter previous year.
Now the shares of H&R Block, Inc.
Barclays Africa must repay 1.1 billion rand over bailouts
Aside from the #GuptaLeaks, the investigation will also look at the controversial re-appointment of Brian Molefe as head of Eskom. Absa stated, "the remedies proposed in the Provisional Report are neither practically feasible nor legally competent".
La Porsche de tête immobilisée — Heures du Mans
Du coup, c'est une LMP2, l'Oreca n°38 de Jackie Chan Racing, qui a pris la tête des opérations à midi. Je me suis concentré sur la mission de ramener la voiture à bon port pour mes équipiers".
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Investors of record on Friday, June 23rd will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, June 21st. This represents a $0.96 annualized dividend and a dividend yield of 3.21%. This is an increase from H&R Block's previous quarterly dividend of $0.22. H&R Block's payout ratio is 43.78%.
WARNING: This news story was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States & global trademark & copyright law. The original version of this piece can be viewed at https://transcriptdaily.com/2017/06/19/hr-block-inc-hrb-price-target-raised-to-19-00.html.
Alpha One also gave news articles about the company an impact score of 79 out of 100, meaning that recent news coverage is likely to have an impact on the company's share price in the next several days. Finally, Virtus Investment Advisers Inc. purchased a new position in shares of H&R Block during the third quarter worth approximately $131,000. 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. BMO Capital Markets reiterated a "hold" rating on shares of H&R Block in a research note on Sunday, March 12th.
Equities research analysts at Oppenheimer Holdings upped their Q1 2018 earnings per share estimates for H&R Block in a report released on Wednesday. The stock now has an average rating of Hold and a consensus price target of $27.13.
According to Zacks, "H&R Block outperformed the Zacks categorized Consumer Services - Miscellaneous industry in the past three months". 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.
Retail stocks were battered on Friday after Amazon .com's $13.7 billion deal to buy upscale grocer Whole Foods. Oil prices edged higher, after coming under pressure over the past month from rising production.
With Canada's blood supply at critically low levels, I think the best way to celebrate my father would be to donate blood. Let's celebrate the day and honours dads all across the world for their superhuman qualities and overpowering love .
India had won the tournament in 2013 by beating England. "They are basically a nomadic team which plays overseas ". "I'm really happy for all of Pakistan because they've been waiting for this for a very long time".
Anger is rising against British authorities over safety failings and a widely perceived slow release of information. The deadly blaze has turned into a political crisis, testing the fragile government of Prime Minister Theresa May .
Far from following the US move backward, other countries are moving ahead even more rapidly with clean energy innovation. The rally comes a week after the Trump administration announced the USA would withdraw from the accord.
Nathalie Kosciusko-Morizet avait été agressée jeudi 15 juin , à Paris, en pleine campagne électorale des élections législatives . Revenue à elle, elle avait été conduite, pour subir des examens, à l'hôpital Cochin.
Wearing fake suicide vests, they went on to knife revellers in the nearby Borough Market before being shot dead by police. Nevertheless, he was deemed by MI5 and British Police to be an individual not considered to be a "subject of interest".
Yankees RHP Ben Heller was called up from Triple-A Scranton Wilkes-Barre, and RHP Domingo German was optioned to the minors. The last Yankee to be the first to 20 homers was Alex Rodriguez in 2007, when he hit 54 and went on to be named the AL MVP.
UK official: mosque attack treated as terrorism
High-visibility police patrols are to be stepped up near Scotland's mosques after the Finsbury Park attack in north London . There has been an increase in hate crime reports since the Manchester Arena bombing and the London Bridge attack .
Russia warns US after downing of Syrian jet
Assad, Russia, and Iran maneuver for control and influence in territory reclaimed from ISIS in eastern Syria . F-15 fighter jet shot down an Iranian-made drone after it fired on partnered ground forces in southern Syria.
Amid stir, farmers' market in Mandsaur grinds to a halt
State Ministers and the kin of peasants killed in police firing earlier urged the Chief Minister to end his fast. Police tried to stop the Congress leaders from going to the area, saying there was a curfew in Mandsaur .
Clovis Oncology's cancer drug Rubraca succeeds in key study
Guggenheim Capital LLC acquired a new stake in Clovis Oncology during the fourth quarter valued at approximately $2,824,000. The business had revenue of $7.05 million during the quarter, compared to analysts' expectations of $6.04 million.