12,813 Shares in H&R Block, Inc. (NYSE:HRB) Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co purchased a new stake in shares of H&R Block, Inc. (NYSE:HRB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,813 shares of the company’s stock, valued at approximately $677,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Townsquare Capital LLC grew its holdings in shares of H&R Block by 15.0% during the 3rd quarter. Townsquare Capital LLC now owns 10,855 shares of the company’s stock worth $690,000 after purchasing an additional 1,418 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in H&R Block by 29.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 698,101 shares of the company’s stock worth $44,364,000 after buying an additional 156,856 shares during the period. Captrust Financial Advisors increased its position in shares of H&R Block by 31.0% in the third quarter. Captrust Financial Advisors now owns 11,169 shares of the company’s stock worth $710,000 after acquiring an additional 2,645 shares in the last quarter. Verition Fund Management LLC raised its stake in shares of H&R Block by 170.4% in the 3rd quarter. Verition Fund Management LLC now owns 24,580 shares of the company’s stock valued at $1,562,000 after acquiring an additional 15,489 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of H&R Block during the 3rd quarter valued at $5,249,000. 90.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

H&R Block Price Performance

Shares of HRB stock opened at $54.12 on Monday. The firm has a fifty day simple moving average of $53.26 and a 200-day simple moving average of $56.82. The company has a market capitalization of $7.24 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65. H&R Block, Inc. has a twelve month low of $45.87 and a twelve month high of $68.45. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 16.46.

H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share 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%. Equities research analysts anticipate that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently announced 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 2.77%. The ex-dividend date of this dividend is Tuesday, March 4th. H&R Block’s dividend payout ratio (DPR) is currently 41.32%.

H&R Block Company 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.