New Age Alpha Advisors LLC Has $629,000 Stake in H&R Block, Inc. $HRB

New Age Alpha Advisors LLC trimmed its position in shares of H&R Block, Inc. (NYSE:HRB) by 49.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,431 shares of the company’s stock after selling 13,863 shares during the quarter. New Age Alpha Advisors LLC’s holdings in H&R Block were worth $629,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Clearstead Advisors LLC raised its position in shares of H&R Block by 134.4% during the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after purchasing an additional 293 shares during the period. Abound Wealth Management raised its position in shares of H&R Block by 208.0% during the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after purchasing an additional 416 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of H&R Block by 100.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock worth $39,000 after purchasing an additional 357 shares during the period. Elevation Wealth Partners LLC acquired a new position in shares of H&R Block during the fourth quarter worth approximately $33,000. Finally, Valley National Advisers Inc. acquired a new position in shares of H&R Block during the fourth quarter worth approximately $34,000. 90.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on HRB shares. Zacks Research raised H&R Block from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Weiss Ratings raised H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Barrington Research reaffirmed an “outperform” rating and set a $50.00 target price on shares of H&R Block in a research report on Monday, April 27th. Finally, The Goldman Sachs Group lowered their target price on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $41.00.

H&R Block Trading Down 0.9%

Shares of H&R Block stock opened at $38.33 on Friday. The stock has a fifty day simple moving average of $33.38 and a 200 day simple moving average of $36.94. H&R Block, Inc. has a 12-month low of $28.16 and a 12-month high of $59.05. The company has a market capitalization of $4.86 billion, a P/E ratio of 6.82, a price-to-earnings-growth ratio of 0.60 and a beta of 0.29.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.77 by $0.25. H&R Block had a negative return on equity of 211.62% and a net margin of 18.90%.The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the company posted $5.38 earnings per share. H&R Block’s revenue was up 5.3% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. On average, analysts predict that H&R Block, Inc. will post 5.18 EPS for the current year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, June 3rd will be issued a dividend of $0.42 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a yield of 4.4%. H&R Block’s dividend payout ratio is 29.89%.

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.