H&R Block, Inc. (NYSE:HRB) Shares Purchased by Bridgewater Associates LP

Bridgewater Associates LP boosted its position in shares of H&R Block, Inc. (NYSE:HRB) by 42.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 440,476 shares of the company’s stock after buying an additional 130,812 shares during the quarter. Bridgewater Associates LP owned approximately 0.32% of H&R Block worth $23,275,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HRB. Endeavor Private Wealth Inc. acquired a new stake in shares of H&R Block during the 4th quarter valued at about $27,000. Spire Wealth Management purchased a new stake in shares of H&R Block in the fourth quarter valued at approximately $28,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of H&R Block in the fourth quarter valued at approximately $29,000. GAMMA Investing LLC raised its stake in shares of H&R Block by 64.5% during the 4th quarter. GAMMA Investing LLC now owns 658 shares of the company’s stock worth $35,000 after buying an additional 258 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of H&R Block by 52.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 838 shares of the company’s stock valued at $44,000 after buying an additional 289 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Barrington Research restated an “outperform” rating and set a $70.00 price objective on shares of H&R Block in a research report on Wednesday, February 5th. StockNews.com downgraded shares of H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.

H&R Block Stock Up 1.3 %

NYSE HRB opened at $61.51 on Wednesday. The business has a fifty day moving average price of $53.96 and a 200 day moving average price of $56.26. 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 cap of $8.23 billion, a P/E ratio of 16.94, a P/E/G ratio of 0.80 and a beta of 0.39. H&R Block, Inc. has a one year low of $45.87 and a one year high of $68.45.

H&R Block (NYSE:HRB) last issued its earnings results 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 net margin of 14.71% and a negative return on equity of 179.15%. Research analysts anticipate that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were given a $0.375 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.44%. H&R Block’s dividend payout ratio (DPR) is presently 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.