Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
H & R Block Inc (NYSE: HRB)
H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block’s offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.
A quick look at the price chart below for H&R Block Inc shows us that the stock is up 68% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 6.67, which means that it remains undervalued.
Superinvestors who currently hold positions in H&R Block Inc include:
Cliff Asness – 1,646,129
Israel Englander – 889,507
Prem Watsa – 770,894
Bill Miller – 420,000
Ken Griffin – 274,706
John Hussman – 72,000
Mario Gabelli – 47,056
Jeremy Grantham – 37,143
Jim O’Shaughnessy – 24,690
Ray Dalio – 12,234
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple: