Boston Trust Walden Corp Makes New Investment in H&R Block, Inc. (NYSE:HRB)

Boston Trust Walden Corp purchased a new stake in shares of H&R Block, Inc. (NYSE:HRB - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 483,572 shares of the company's stock, valued at approximately $25,552,000. Boston Trust Walden Corp owned about 0.35% of H&R Block as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in H&R Block during the 3rd quarter valued at $25,000. Bogart Wealth LLC raised its holdings in H&R Block by 606.1% during the 3rd quarter. Bogart Wealth LLC now owns 466 shares of the company's stock valued at $30,000 after buying an additional 400 shares during the last quarter. Endeavor Private Wealth Inc. bought a new stake in H&R Block during the 4th quarter valued at $27,000. Spire Wealth Management bought a new stake in H&R Block during the 4th quarter valued at $28,000. Finally, Darwin Wealth Management LLC bought a new stake in H&R Block during the 3rd quarter valued at $34,000. 90.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an "outperform" rating and issued a $70.00 price objective on shares of H&R Block in a report on Wednesday.

H&R Block Stock Down 2.2 %

H&R Block stock traded down $1.22 during mid-day trading on Wednesday, reaching $53.22. The stock had a trading volume of 936,608 shares, compared to its average volume of 1,135,154. The company has a 50-day moving average price of $55.06 and a two-hundred day moving average price of $58.77. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 0.84 and a beta of 0.69. H&R Block, Inc. has a one year low of $42.28 and a one year high of $68.45. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.77 and a quick ratio of 0.77.

H&R Block (NYSE:HRB - Get Free Report) last issued its 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 negative return on equity of 212.45% and a net margin of 16.19%. On average, analysts expect that H&R Block, Inc. will post 5.27 EPS for the current fiscal year.

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.