H&R Block, Inc. (NYSE:HRB) Shares Acquired by State of Alaska Department of Revenue

State of Alaska Department of Revenue boosted its holdings in H&R Block, Inc. (NYSE:HRB) by 26.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,628 shares of the company’s stock after purchasing an additional 12,390 shares during the quarter. State of Alaska Department of Revenue’s holdings in H&R Block were worth $3,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its stake in shares of H&R Block by 4.2% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,878 shares of the company’s stock valued at $309,000 after acquiring an additional 198 shares during the last quarter. EP Wealth Advisors LLC grew its holdings in H&R Block by 5.5% in the third quarter. EP Wealth Advisors LLC now owns 4,245 shares of the company’s stock valued at $270,000 after purchasing an additional 221 shares during the period. GAMMA Investing LLC increased its position in H&R Block by 64.5% during the fourth quarter. GAMMA Investing LLC now owns 658 shares of the company’s stock worth $35,000 after purchasing an additional 258 shares during the last quarter. IHT Wealth Management LLC raised its stake in H&R Block by 5.4% during the third quarter. IHT Wealth Management LLC now owns 5,586 shares of the company’s stock worth $355,000 after purchasing an additional 288 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of H&R Block by 52.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 838 shares of the company’s stock valued at $44,000 after purchasing an additional 289 shares during the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HRB has been the subject of a number of research analyst reports. Barrington Research restated an “outperform” rating and set a $70.00 price objective on shares of H&R Block in a report on Wednesday, February 5th. StockNews.com upgraded shares of H&R Block from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th.

H&R Block Price Performance

HRB stock opened at $53.21 on Monday. The firm has a market cap of $7.29 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 0.82 and a beta of 0.69. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.77 and a current ratio of 0.73. H&R Block, Inc. has a 1 year low of $44.81 and a 1 year high of $68.45. The stock has a 50-day simple moving average of $54.74 and a 200-day simple moving average of $58.71.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.59) by ($0.14). H&R Block had a net margin of 14.71% and a negative return on equity of 179.15%. On average, equities analysts predict that H&R Block, Inc. will post 5.27 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th will be given a $0.375 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a yield of 2.82%. H&R Block’s payout ratio is currently 41.32%.

About H&R Block

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.