Aviva PLC Makes New $554,000 Investment in H&R Block, Inc. (NYSE:HRB)

Aviva PLC acquired a new position in H&R Block, Inc. (NYSE:HRB - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,486 shares of the company's stock, valued at approximately $554,000.

Other large investors have also bought and sold shares of the company. Endeavor Private Wealth Inc. bought a new stake in H&R Block during the fourth quarter worth about $27,000. Spire Wealth Management purchased a new position in shares of H&R Block during the fourth quarter valued at approximately $28,000. Newbridge Financial Services Group Inc. bought a new stake in shares of H&R Block in the 4th quarter worth approximately $29,000. GAMMA Investing LLC grew its stake in shares of H&R Block by 64.5% in 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 last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in 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. 90.14% of the stock is owned by institutional investors.

H&R Block Stock Up 3.0 %

Shares of HRB traded up $1.84 on Wednesday, hitting $63.27. 373,627 shares of the stock traded hands, compared to its average volume of 1,532,941. H&R Block, Inc. has a one year low of $45.87 and a one year high of $68.45. The company has a market capitalization of $8.47 billion, a PE ratio of 17.44, a P/E/G ratio of 0.80 and a beta of 0.39. The business has a 50 day simple moving average of $53.96 and a 200 day simple moving average 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.

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H&R Block (NYSE:HRB - Get Free Report) last posted 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 negative return on equity of 179.15% and a net margin of 14.71%. As a group, equities analysts forecast that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend was Tuesday, March 4th. H&R Block's dividend payout ratio (DPR) is 41.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Barrington Research reissued an "outperform" rating and issued a $70.00 target price on shares of H&R Block in a report on Wednesday, February 5th. StockNews.com cut shares of H&R Block from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

H&R Block 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.