Jupiter Asset Management Ltd adds H & R Block Inc (HRB) to its portfolio

H & R Block Inc (HRB) : Jupiter Asset Management Ltd added new position in H & R Block Inc during the most recent quarter end. The investment management firm now holds 1,300,000 shares of H & R Block Inc which is valued at $31,928,000 , the company said in a statement filed on Aug 10, 2016 with the SEC.H & R Block Inc makes up approximately 1.28% of Jupiter Asset Management Ltd’s portfolio.

Other Hedge Funds, Including , Dynamic Technology Lab Private Ltd added HRB to its portfolio by purchasing 90,750 company shares during the most recent quarter which is valued at $2,228,820. H & R Block Inc makes up approx 0.57% of Dynamic Technology Lab Private Ltd’s portfolio.First Eagle Investment Management boosted its stake in HRB in the latest quarter, The investment management firm added 22,768 additional shares and now holds a total of 5,751,645 shares of H & R Block Inc which is valued at $138,269,546. H & R Block Inc makes up approx 0.33% of First Eagle Investment Management’s portfolio.State Treasurer State Of Michigan reduced its stake in HRB by selling 3,300 shares or 4.06% in the most recent quarter. The Hedge Fund company now holds 77,922 shares of HRB which is valued at $1,837,401. H & R Block Inc makes up approx 0.01% of State Treasurer State Of Michigan’s portfolio.Ngam Advisors boosted its stake in HRB in the latest quarter, The investment management firm added 26,264 additional shares and now holds a total of 175,158 shares of H & R Block Inc which is valued at $4,130,226. H & R Block Inc makes up approx 0.06% of Ngam Advisors’s portfolio. Candriam Luxembourg S.c.a. sold out all of its stake in HRB during the most recent quarter. The investment firm sold 66,665 shares of HRB which is valued $1,607,960.

H & R Block Inc opened for trading at $23.86 and hit $24.22 on the upside on Friday, eventually ending the session at $24.05, with a gain of 0.42% or 0.1 points. The heightened volatility saw the trading volume jump to 14,37,600 shares. Company has a market cap of $5,303 M.

On the company’s financial health, H & R Block Inc reported $3.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jun 9, 2016. Analyst had a consensus of $3.17. The company had revenue of $2297.50 million for the quarter, compared to analysts expectations of $2282.50 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.73 EPS.

H&R Block Inc. (H&R Block) is a holding company. The Company through its subsidiaries provides tax preparation and other services. The Company 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 and its territories Canada and Australia. The Company offers a range of online tax services from tax advice to complete professional and DIY tax return preparation and electronic filing through its Website at www.hrblock.com. Services available at this Website allow clients to prepare their federal and state income tax returns using online tax program access tax tips advice and tax-related news and use calculators for tax planning. The Company develops and markets DIY desktop income tax preparation software. It develops and offers applications for mobile devices which provide tax and related services to clients.

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