American Century Companies Inc. Has $5.46 Million Stake in H&R Block, Inc. (NYSE:HRB)

American Century Companies Inc. decreased its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 54.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 103,360 shares of the company's stock after selling 122,857 shares during the quarter. American Century Companies Inc. owned about 0.08% of H&R Block worth $5,462,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HRB. Charles Schwab Investment Management Inc. raised its holdings in shares of H&R Block by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company's stock worth $275,796,000 after purchasing an additional 282,633 shares during the period. Boston Partners increased its holdings in H&R Block by 58.5% during the 4th quarter. Boston Partners now owns 4,500,552 shares of the company's stock worth $237,814,000 after purchasing an additional 1,660,319 shares during the last quarter. Pacer Advisors Inc. raised its holdings in H&R Block by 21.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company's stock valued at $144,527,000 after acquiring an additional 476,892 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of H&R Block by 2.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,684,738 shares of the company's stock worth $89,022,000 after purchasing an additional 47,920 shares during the last quarter. Finally, NewEdge Wealth LLC grew its position in shares of H&R Block by 11.5% in the 4th quarter. NewEdge Wealth LLC now owns 1,095,712 shares of the company's stock worth $57,897,000 after acquiring an additional 113,216 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company's stock.

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H&R Block Price Performance

Shares of NYSE:HRB traded up $1.78 on Wednesday, reaching $56.53. 2,648,192 shares of the company traded hands, compared to its average volume of 1,317,040. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.73 and a quick ratio of 0.73. H&R Block, Inc. has a fifty-two week low of $45.87 and a fifty-two week high of $68.45. The stock has a market capitalization of $7.57 billion, a PE ratio of 15.57, a P/E/G ratio of 0.80 and a beta of 0.39. The company's 50 day moving average is $53.56 and its 200-day moving average is $56.37.

H&R Block (NYSE:HRB - Get Free Report) last posted its quarterly earnings data 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 negative return on equity of 179.15% and a net margin of 14.71%. As a group, 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 business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Tuesday, March 4th. H&R Block's dividend payout ratio (DPR) is currently 41.32%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Barrington Research reiterated an "outperform" rating and set a $70.00 price target on shares of H&R Block in a research report on Wednesday, February 5th. StockNews.com lowered shares of H&R Block from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

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.