Fuller & Thaler Asset Management Inc. Purchases 523,353 Shares of H&R Block, Inc. (NYSE:HRB)

Fuller & Thaler Asset Management Inc. grew its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 12.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,701,896 shares of the company's stock after purchasing an additional 523,353 shares during the quarter. H&R Block comprises approximately 0.9% of Fuller & Thaler Asset Management Inc.'s portfolio, making the stock its 16th biggest holding. Fuller & Thaler Asset Management Inc. owned 3.43% of H&R Block worth $248,448,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Pinebridge Investments L.P. grew its stake in H&R Block by 35.7% in the 4th quarter. Pinebridge Investments L.P. now owns 44,130 shares of the company's stock valued at $2,332,000 after buying an additional 11,604 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of H&R Block by 293.0% in the fourth quarter. Hsbc Holdings PLC now owns 22,981 shares of the company's stock valued at $1,211,000 after purchasing an additional 17,134 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of H&R Block by 280.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 11,752 shares of the company's stock valued at $621,000 after purchasing an additional 8,659 shares in the last quarter. MetLife Investment Management LLC raised its stake in shares of H&R Block by 7.0% during the 4th quarter. MetLife Investment Management LLC now owns 78,475 shares of the company's stock valued at $4,147,000 after purchasing an additional 5,110 shares during the period. Finally, Natixis purchased a new stake in H&R Block during the 4th quarter worth about $578,000. Hedge funds and other institutional investors own 90.14% of the company's stock.

Analyst Ratings Changes

HRB has been the subject of a number of recent analyst reports. 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 report on Thursday, February 13th.

H&R Block Price Performance

NYSE:HRB opened at $60.03 on Wednesday. H&R Block, Inc. has a 52-week low of $45.87 and a 52-week high of $68.45. The stock has a fifty day moving average of $54.90 and a 200 day moving average of $56.23. 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 firm has a market capitalization of $8.03 billion, a price-to-earnings ratio of 16.54, a P/E/G ratio of 0.80 and a beta of 0.39.

H&R Block (NYSE:HRB - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.59) by ($0.14). H&R Block had a net margin of 14.71% and a negative return on equity of 179.15%. On average, research analysts expect that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend was Tuesday, March 4th. H&R Block's dividend payout ratio (DPR) is currently 41.32%.

Insider Transactions at H&R Block

In other H&R Block news, CEO Jeffrey J. Jones II sold 53,810 shares of the firm's stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $63.28, for a total transaction of $3,405,096.80. Following the sale, the chief executive officer now owns 844,790 shares in the company, valued at $53,458,311.20. This trade represents a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is currently owned by insiders.

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.

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