H&R Block, Inc. (NYSE:HRB) Shares Sold by National Bank of Canada FI

National Bank of Canada FI decreased its position in shares of H&R Block, Inc. (NYSE:HRB) by 18.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,780 shares of the company’s stock after selling 1,063 shares during the quarter. National Bank of Canada FI’s holdings in H&R Block were worth $253,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Coldstream Capital Management Inc. boosted its stake in 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 purchasing an additional 198 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of H&R Block by 5.5% during the third quarter. EP Wealth Advisors LLC now owns 4,245 shares of the company’s stock valued at $270,000 after buying an additional 221 shares during the last quarter. CIBC Asset Management Inc boosted its position in shares of H&R Block by 5.5% during the fourth quarter. CIBC Asset Management Inc now owns 4,263 shares of the company’s stock worth $225,000 after buying an additional 222 shares during the period. US Bancorp DE grew its holdings in H&R Block by 1.9% in the 4th quarter. US Bancorp DE now owns 12,358 shares of the company’s stock worth $653,000 after buying an additional 233 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in H&R Block by 64.5% in the 4th quarter. GAMMA Investing LLC now owns 658 shares of the company’s stock valued at $35,000 after acquiring an additional 258 shares during the period. Institutional investors own 90.14% of the company’s stock.

H&R Block Stock Performance

HRB opened at $57.09 on Friday. The business has a 50 day moving average price of $53.59 and a two-hundred day moving average price of $56.32. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $7.64 billion, a price-to-earnings ratio of 15.73, a price-to-earnings-growth ratio of 0.80 and a beta of 0.39. H&R Block, Inc. has a 1-year low of $45.87 and a 1-year high of $68.45.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) 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%. Research analysts predict that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were given a dividend of $0.375 per share. The ex-dividend date was Tuesday, March 4th. This represents a $1.50 annualized dividend and a dividend yield of 2.63%. H&R Block’s dividend payout ratio (DPR) is 41.32%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. StockNews.com cut 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 issued a $70.00 target price on shares of H&R Block in a research report on Wednesday, February 5th.

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.