H&R Block, Inc. (NYSE:HRB) Stake Boosted by F M Investments LLC

F M Investments LLC grew its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 21.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,082 shares of the company's stock after purchasing an additional 5,677 shares during the period. F M Investments LLC's holdings in H&R Block were worth $1,695,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Endeavor Private Wealth Inc. acquired a new stake in H&R Block during the fourth quarter valued at approximately $27,000. Spire Wealth Management acquired a new stake in shares of H&R Block during the 4th quarter valued at $28,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of H&R Block during the 4th quarter valued at $29,000. GAMMA Investing LLC boosted its stake in shares of 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. grew its holdings 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 acquiring 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

Several equities research analysts have recently commented on HRB shares. Barrington Research reaffirmed an "outperform" rating and set a $70.00 target price on shares of H&R Block in a 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.

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H&R Block Stock Up 1.3 %

NYSE:HRB traded up $0.76 during trading hours on Tuesday, hitting $61.51. 2,046,832 shares of the stock traded hands, compared to its average volume of 1,333,167. The firm has a 50 day moving average price of $53.81 and a 200 day moving average price of $56.23. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 0.80 and a beta of 0.39. H&R Block, Inc. has a fifty-two week low of $45.87 and a fifty-two week high of $68.45. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 16.46.

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

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date was Tuesday, March 4th. H&R Block's dividend payout ratio (DPR) is 41.32%.

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.