H&R Block, Inc. (NYSE:HRB) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,335,353 shares of the company's stock after purchasing an additional 30,244 shares during the period. Dimensional Fund Advisors LP owned 1.74% of H&R Block worth $123,395,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. CIBC Asset Management Inc increased its holdings in shares of H&R Block by 5.5% during the 4th quarter. CIBC Asset Management Inc now owns 4,263 shares of the company's stock worth $225,000 after buying an additional 222 shares during the last quarter. State of Alaska Department of Revenue increased its stake in H&R Block by 26.8% during the fourth quarter. State of Alaska Department of Revenue now owns 58,628 shares of the company's stock worth $3,097,000 after acquiring an additional 12,390 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in H&R Block by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company's stock worth $275,796,000 after acquiring an additional 282,633 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of H&R Block in the 4th quarter valued at $10,725,000. Finally, Martingale Asset Management L P grew its holdings in shares of H&R Block by 620.0% during the 4th quarter. Martingale Asset Management L P now owns 29,225 shares of the company's stock worth $1,544,000 after purchasing an additional 25,166 shares during the period. 90.14% of the stock is owned by hedge funds and other institutional investors.

H&R Block Trading Up 1.6 %

Shares of NYSE HRB opened at $59.78 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 16.46. The stock has a market capitalization of $8.00 billion, a PE ratio of 16.47, a PEG ratio of 0.80 and a beta of 0.39. H&R Block, Inc. has a twelve month low of $46.46 and a twelve month high of $68.45. The stock has a fifty day simple moving average of $55.32 and a 200-day simple moving average of $56.17.

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

H&R Block Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a yield of 2.51%. H&R Block's dividend payout ratio (DPR) is presently 41.32%.

Insider Buying and Selling at H&R Block

In other news, CEO Jeffrey J. Jones II sold 53,810 shares of the stock in a transaction on Wednesday, April 16th. The stock was sold at an average price of $63.28, for a total value of $3,405,096.80. Following the sale, the chief executive officer now directly owns 844,790 shares in the company, valued at approximately $53,458,311.20. This trade represents a 5.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on HRB shares. StockNews.com lowered shares of H&R Block from a "buy" rating to a "hold" rating in a report on Thursday, February 13th. Barrington Research reissued an "outperform" rating and issued a $70.00 price target on shares of H&R Block in a research note on Friday.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.