Federated Investors Lowered By $881,452 Its Block H & R (HRB) Stake; Jarislowsky Fraser LTD Has Trimmed Sun Life Financial (SLF) Holding

April 22, 2018 - By Michael Collier

Sun Life Financial Inc. (NYSE:SLF) Logo

Jarislowsky Fraser Ltd decreased Sun Life Financial Inc. (SLF) stake by 3.78% reported in 2017Q4 SEC filing. Jarislowsky Fraser Ltd sold 12,012 shares as Sun Life Financial Inc. (SLF)’s stock rose 0.17%. The Jarislowsky Fraser Ltd holds 305,789 shares with $12.66 million value, down from 317,801 last quarter. Sun Life Financial Inc. now has $23.78B valuation. The stock decreased 0.17% or $0.07 during the last trading session, reaching $40.65. About 447,962 shares traded. Sun Life Financial Inc. (NYSE:SLF) has risen 12.92% since April 22, 2017 and is uptrending. It has outperformed by 1.37% the S&P500.

Federated Investors Inc decreased Block H & R Inc (HRB) stake by 13.59% reported in 2017Q4 SEC filing. Federated Investors Inc sold 33,902 shares as Block H & R Inc (HRB)’s stock declined 4.46%. The Federated Investors Inc holds 215,565 shares with $5.65M value, down from 249,467 last quarter. Block H & R Inc now has $5.67 billion valuation. The stock increased 2.92% or $0.77 during the last trading session, reaching $27.1. About 4.04 million shares traded or 13.12% up from the average. H&R Block, Inc. (NYSE:HRB) has risen 10.84% since April 22, 2017 and is uptrending. It has underperformed by 0.71% the S&P500.

Analysts await Sun Life Financial Inc. (NYSE:SLF) to report earnings on May, 8 after the close. They expect $0.89 EPS, up 27.14% or $0.19 from last year’s $0.7 per share. SLF’s profit will be $520.62 million for 11.42 P/E if the $0.89 EPS becomes a reality. After $0.83 actual EPS reported by Sun Life Financial Inc. for the previous quarter, Wall Street now forecasts 7.23% EPS growth.

Jarislowsky Fraser Ltd increased Philip Morris International Inc. (NYSE:PM) stake by 3,687 shares to 280,564 valued at $29.64M in 2017Q4. It also upped Cvs Health Corporation (NYSE:CVS) stake by 46,933 shares and now owns 1.62M shares. Costco Wholesale Corporation (NASDAQ:COST) was raised too.

Among 12 analysts covering Sun Life Financial Inc. (NYSE:SLF), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Sun Life Financial Inc. had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by BMO Capital Markets to “Buy” on Friday, February 16. The firm earned “Overweight” rating on Monday, March 7 by Barclays Capital. Morgan Stanley maintained Sun Life Financial Inc. (NYSE:SLF) rating on Thursday, April 5. Morgan Stanley has “Equal-Weight” rating and $56 target. The stock of Sun Life Financial Inc. (NYSE:SLF) earned “Underperform” rating by Bank of America on Wednesday, August 24. Bank of America upgraded the stock to “Buy” rating in Monday, September 21 report. The company was upgraded on Monday, July 10 by Bank of America. The rating was upgraded by RBC Capital Markets to “Outperform” on Wednesday, June 7. On Thursday, February 11 the stock rating was upgraded by IBC to “Sector Outperform”. The firm has “Equal-Weight” rating given on Thursday, October 5 by Morgan Stanley. The firm has “Neutral” rating by Macquarie Research given on Thursday, November 5.

Analysts await H&R Block, Inc. (NYSE:HRB) to report earnings on June, 12. They expect $5.23 earnings per share, up 39.10% or $1.47 from last year’s $3.76 per share. HRB’s profit will be $1.09 billion for 1.30 P/E if the $5.23 EPS becomes a reality. After $-1.16 actual earnings per share reported by H&R Block, Inc. for the previous quarter, Wall Street now forecasts -550.86% EPS growth.

Federated Investors Inc increased Rowan Companies Plc (NYSE:RDC) stake by 86,025 shares to 248,124 valued at $3.89 million in 2017Q4. It also upped Ishares Tr (HEWJ) stake by 80,777 shares and now owns 315,831 shares. Xylem Inc (NYSE:XYL) was raised too.

Among 12 analysts covering H & R Block (NYSE:HRB), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. H & R Block had 33 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Barrington Research on Friday, September 4. Oppenheimer downgraded the shares of HRB in report on Wednesday, April 27 to “Perform” rating. The stock of H&R Block, Inc. (NYSE:HRB) earned “Hold” rating by Goldman Sachs on Tuesday, March 27. The rating was downgraded by BTIG Research on Monday, September 14 to “Neutral”. On Tuesday, August 29 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of H&R Block, Inc. (NYSE:HRB) earned “Neutral” rating by Sterne Agee CRT on Tuesday, May 3. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, March 22. The company was maintained on Wednesday, April 18 by BMO Capital Markets. The firm earned “Hold” rating on Tuesday, August 29 by Oppenheimer. The company was maintained on Tuesday, August 25 by BTIG Research.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.23, from 0.99 in 2017Q3. It improved, as 41 investors sold HRB shares while 110 reduced holdings. 60 funds opened positions while 124 raised stakes. 201.15 million shares or 4.09% more from 193.25 million shares in 2017Q3 were reported. Stevens Management Ltd Partnership invested in 108,999 shares or 0.11% of the stock. Franklin Resource Incorporated holds 47,581 shares. Hanseatic Mgmt Services holds 1,803 shares or 0.05% of its portfolio. Wellington Mgmt Group Incorporated Llp invested in 1.27 million shares or 0.01% of the stock. First Advsr LP stated it has 0.02% of its portfolio in H&R Block, Inc. (NYSE:HRB). Mitsubishi Ufj Trust & Bk, Japan-based fund reported 416,732 shares. Eqis Mngmt accumulated 0.03% or 21,966 shares. Sumitomo Mitsui reported 633,731 shares stake. Royal Bank Of Canada owns 1.87M shares. Korea Invest invested in 519,500 shares or 0.06% of the stock. Sei invested 0.03% of its portfolio in H&R Block, Inc. (NYSE:HRB). Keybank Natl Association Oh accumulated 43,865 shares. Moreover, Estabrook Cap has 0% invested in H&R Block, Inc. (NYSE:HRB) for 40 shares. Victory Cap Mgmt reported 4,094 shares. Bartlett And Ltd Company owns 0% invested in H&R Block, Inc. (NYSE:HRB) for 1,963 shares.

H&R Block, Inc. (NYSE:HRB) Institutional Positions Chart

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