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

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

Other institutional investors also recently bought and sold shares of the company. Endeavor Private Wealth Inc. purchased a new stake in shares of H&R Block in the 4th quarter valued at approximately $27,000. Spire Wealth Management purchased a new position in H&R Block in the fourth quarter worth approximately $28,000. Newbridge Financial Services Group Inc. purchased a new position in H&R Block in the fourth quarter worth approximately $29,000. GAMMA Investing LLC increased its stake in H&R Block by 64.5% during the fourth quarter. GAMMA Investing LLC now owns 658 shares of the company's stock worth $35,000 after acquiring an additional 258 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in H&R Block by 52.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 838 shares of the company's stock valued at $44,000 after purchasing an additional 289 shares during the period. 90.14% of the stock is owned by hedge funds and other institutional investors.

H&R Block Trading Down 2.2 %

NYSE:HRB traded down $1.27 on Friday, reaching $55.64. 2,133,874 shares of the company's stock were exchanged, compared to its average volume of 1,301,965. The business has a fifty day moving average of $53.50 and a 200-day moving average of $56.66. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46. H&R Block, Inc. has a 52-week low of $45.87 and a 52-week high of $68.45. The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65.

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H&R Block (NYSE:HRB - Get Free Report) last released 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%. As a group, analysts expect 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 announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th were paid a dividend of $0.375 per share. The ex-dividend date was Tuesday, March 4th. This represents a $1.50 annualized dividend and a yield of 2.70%. H&R Block's payout ratio is 41.32%.

Wall Street Analyst Weigh In

HRB has been the subject of a number of research analyst reports. StockNews.com cut shares of H&R Block from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th. Barrington Research restated an "outperform" rating and set a $70.00 price target on shares of H&R Block in a research note on Wednesday, February 5th.

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.