H&R Block, Inc. (NYSE:HRB) Shares Purchased by Boston Partners

Boston Partners raised its position in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 58.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,500,552 shares of the company's stock after buying an additional 1,660,319 shares during the period. Boston Partners owned about 3.28% of H&R Block worth $237,814,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Endeavor Private Wealth Inc. purchased a new position in H&R Block in the fourth quarter valued at $27,000. Spire Wealth Management acquired a new stake in H&R Block in the fourth quarter valued at $28,000. Darwin Wealth Management LLC acquired a new stake in H&R Block in the third quarter valued at $34,000. Newbridge Financial Services Group Inc. acquired a new stake in H&R Block in the fourth quarter valued at $29,000. Finally, GAMMA Investing LLC raised its stake in H&R Block by 64.5% in the fourth quarter. GAMMA Investing LLC now owns 658 shares of the company's stock valued at $35,000 after buying an additional 258 shares in the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on HRB. Barrington Research restated an "outperform" rating and issued a $70.00 price target on shares of H&R Block in a research note on Wednesday, February 5th. StockNews.com cut H&R Block from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

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H&R Block Stock Performance

Shares of HRB traded up $0.06 during midday trading on Friday, reaching $52.46. 11,809,521 shares of the stock were exchanged, compared to its average volume of 1,237,015. The business's 50-day moving average price is $53.42 and its 200 day moving average price is $57.20. 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 twelve month low of $45.87 and a twelve month high of $68.45. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 0.80 and a beta of 0.65.

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%. On average, sell-side analysts expect 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 will be paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 2.86%. The ex-dividend date is Tuesday, March 4th. H&R Block's dividend payout ratio (DPR) is presently 41.32%.

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.