H&R Block, Inc. (NYSE:HRB) Holdings Trimmed by Fmr LLC

FMR LLC trimmed its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 23.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,408,991 shares of the company's stock after selling 4,523,454 shares during the quarter. FMR LLC owned 10.51% of H&R Block worth $761,371,000 as of its most recent filing with the SEC.

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

Wall Street Analyst Weigh In

HRB has been the subject of a number of research reports. Barrington Research reiterated 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 lowered H&R Block from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th.

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H&R Block Stock Performance

Shares of H&R Block stock traded up $2.05 during trading hours on Friday, reaching $59.12. The company's stock had a trading volume of 1,922,552 shares, compared to its average volume of 1,325,780. H&R Block, Inc. has a one year low of $45.87 and a one year high of $68.45. The company's 50 day simple moving average is $53.68 and its 200 day simple moving average is $56.25. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $7.91 billion, a P/E ratio of 16.29, a price-to-earnings-growth ratio of 0.80 and a beta of 0.39.

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 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 expect that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were paid a $0.375 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $1.50 annualized dividend and a dividend yield of 2.54%. H&R Block's payout ratio is 41.32%.

About H&R Block

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.