Liberty Tax, Inc: Hewitt John T Disclosed Stake

February 16, 2018 - By Dolores Ford

 Liberty Tax, Inc: Hewitt John T Disclosed Stake

Investors sentiment increased to 1.63 in Q3 2017. Its up 0.31, from 1.32 in 2017Q2. It increased, as 1 investors sold Liberty Tax, Inc. shares while 18 reduced holdings. 16 funds opened positions while 15 raised stakes. 5.98 million shares or 3.77% more from 5.77 million shares in 2017Q2 were reported.

Panagora Asset, a Massachusetts-based fund reported 8,120 shares. Tower Rech Capital Ltd Company (Trc) invested in 0% or 905 shares. Northern Trust has 0% invested in Liberty Tax, Inc. (NASDAQ:TAX). Gsa Prtn Ltd Liability Partnership reported 0.02% stake. National Bank Of Mellon stated it has 0% in Liberty Tax, Inc. (NASDAQ:TAX). Renaissance Technologies Ltd Liability Corp has invested 0% in Liberty Tax, Inc. (NASDAQ:TAX). 395 were reported by Ameritas Invest Prtnrs. Nantahala Capital Mgmt Limited Liability Co reported 233,198 shares stake. United Cap Fincl Advisers Lc holds 15,970 shares or 0% of its portfolio. Dimensional Fund Limited Partnership accumulated 176,252 shares or 0% of the stock. Icon Advisers Communications owns 14,295 shares for 0.01% of their portfolio. Cannell Cap Ltd Llc stated it has 687,271 shares. American Int Grp Inc owns 4,596 shares or 0% of their US portfolio. Creative Planning accumulated 15,000 shares. Meeder Asset Mgmt reported 0% stake.

The New Hewitt John T Holding in Liberty Tax, Inc

Hewitt John T reported SC 13G/A form with the SEC for Liberty Tax, Inc. Access it here: 000117184318001145. As reported by Hewitt John T, the filler owns 14% or 1,946,665 shares of the Industrials–company.

Liberty Tax, Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Hewitt John T’s positive view for Liberty Tax, Inc.

Liberty Tax, Inc Institutional Sentiment

Filings show 54 investors own Liberty Tax, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 47988. 3925353 were owned by these investors. 7 funds opened new Liberty Tax, Inc stakes, 16 increased positions. There were 12 that closed positions and 17 reduced them.

Continental Advisors Llc is an investor bullish on Liberty Tax, Inc, owning 40880 shares as of Q3 2015 for 0.26% of its portfolio. Perritt Capital Management Inc owns 155520 shares or 0.76% of its portfolio. A8 Pembroke Management Ltd have 1.17% of its portfolio for 678908 shares. Further, Schwerin Boyle Capital Management Inc reported stake worth 0.52% of its portfolio. The TX Lafitte Capital Management Lp owns 100000 shares. Liberty Tax, Inc is 1.74% of its portfolio.

Business Profile

Liberty Tax, Inc. is the holding company for JTH Tax, Inc. The Company is a provider of tax preparation services. The Company provides retail federal and state income tax preparation services and related tax settlement products in the United States and Canada. The Company’s tax preparation services and related tax settlement products are offered primarily through franchised locations. All of the Company’s offices are operated under the Liberty Tax Service and SiempreTax+ brands. The Company also provides an online digital Do-It-Yourself (DIY) tax program in the United States. The Company offers two types of tax settlement financial products: refund transfer products, which include providing a means by which a customer receives his or her refund, and refund-based loans. The Company’s LibTax software allows tax customers to have their federal and state income tax returns filed electronically.

SEC Form 13G.

The stock increased 2.51% or $0.25 during the last trading session, reaching $10.2. About 33,427 shares traded. Liberty Tax, Inc. (NASDAQ:TAX) has risen 42.58% since February 16, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Liberty Tax, Inc., together with its subsidiaries, provides tax preparation services and solutions in the United States and Canada. The company has market cap of $141.60 million. The firm also facilitates refund tax settlement financial products, such as refund transfer products, refund loans, and personal income tax refund discounting, as well as provides an online digital Do-It-Yourself tax program in the United States. It has a 11.16 P/E ratio. The Company’s clients include taxpayers who, for reasons of complexity, convenience, or the need for prompt tax refunds, seek assisted tax preparation services.

More notable recent Liberty Tax, Inc. (NASDAQ:TAX) news were published by: Globenewswire.com which released: “Deadline in Lawsuit for Investors in Liberty Tax Inc (NASDAQ: TAX) shares …” on January 23, 2018, also Fortune.com with their article: “Liberty Tax Founder John Hewitt Faces Ouster Amid Sex Scandal Allegations” published on December 13, 2017, Businesswire.com published: “LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who …” on February 09, 2018. More interesting news about Liberty Tax, Inc. (NASDAQ:TAX) were released by: Globenewswire.com and their article: “Rosen Law Firm Announces Filing Class Action on Behalf of Liberty Tax, Inc …” published on January 02, 2018 as well as Globenewswire.com‘s news article titled: “Liberty Tax Guide Helps Workers Understand Tax Implications of Gig Economy Work” with publication date: January 30, 2018.

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