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

TD Private Client Wealth LLC grew its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 14.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,961 shares of the company’s stock after buying an additional 885 shares during the period. TD Private Client Wealth LLC’s holdings in H&R Block were worth $368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in HRB. Boston Partners lifted its stake in H&R Block by 58.5% during the fourth 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 during the last quarter. Boston Trust Walden Corp purchased a new stake in shares of H&R Block during the 4th quarter worth approximately $25,552,000. Pacer Advisors Inc. boosted its holdings in shares of H&R Block by 21.1% in the 4th quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company’s stock valued at $144,527,000 after buying an additional 476,892 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of H&R Block by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company’s stock valued at $275,796,000 after buying an additional 282,633 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in H&R Block by 105.7% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 473,112 shares of the company’s stock worth $24,999,000 after acquiring an additional 243,100 shares in the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

H&R Block Trading Up 1.3 %

Shares of H&R Block stock opened at $53.17 on Tuesday. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $7.12 billion, a P/E ratio of 14.65, a PEG ratio of 0.80 and a beta of 0.65. H&R Block, Inc. has a 1 year low of $45.87 and a 1 year high of $68.45. The company’s fifty day moving average is $53.39 and its two-hundred day moving average is $57.08.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. Analysts forecast that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend 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 equities analysts have issued reports on HRB shares. Barrington Research reaffirmed 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 lowered H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.

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.