H&R Block, Inc. (NYSE:HRB) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC boosted its position in H&R Block, Inc. (NYSE:HRB) by 14.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,961 shares of the company’s stock after acquiring an additional 885 shares during the quarter. TD Private Client Wealth LLC’s holdings in H&R Block were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Blueshift Asset Management LLC acquired a new stake in shares of H&R Block in the 4th quarter valued at approximately $903,000. Lindenwold Advisors INC raised its position in H&R Block by 26.5% in the fourth quarter. Lindenwold Advisors INC now owns 6,985 shares of the company’s stock worth $369,000 after acquiring an additional 1,462 shares in the last quarter. Xponance Inc. lifted its holdings in H&R Block by 4.2% in the fourth quarter. Xponance Inc. now owns 19,655 shares of the company’s stock valued at $1,039,000 after acquiring an additional 784 shares during the period. Boston Partners boosted its position in shares of H&R Block by 58.5% during the 4th quarter. Boston Partners now owns 4,500,552 shares of the company’s stock worth $237,814,000 after purchasing an additional 1,660,319 shares in the last quarter. Finally, Intech Investment Management LLC grew its stake in shares of H&R Block by 1,341.1% during the 4th quarter. Intech Investment Management LLC now owns 181,409 shares of the company’s stock worth $9,586,000 after purchasing an additional 168,821 shares during the period. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Trading Up 1.3 %

NYSE:HRB opened at $53.17 on Tuesday. H&R Block, Inc. has a 52-week low of $45.87 and a 52-week high of $68.45. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46. The stock has a fifty day simple moving average of $53.39 and a 200-day simple moving average of $57.08. The company has a market capitalization of $7.12 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65.

H&R Block (NYSE:HRB) last announced its earnings results 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 negative return on equity of 179.15% and a net margin of 14.71%. On average, equities research analysts expect that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Tuesday, March 4th. H&R Block’s dividend payout ratio (DPR) is presently 41.32%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. StockNews.com cut shares of H&R Block from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Barrington Research reiterated an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research report on Wednesday, February 5th.

H&R Block Profile

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.