MSH Capital Advisors LLC Buys Shares of 17,537 H&R Block, Inc. (NYSE:HRB)

MSH Capital Advisors LLC purchased a new stake in shares of H&R Block, Inc. (NYSE:HRB - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,537 shares of the company's stock, valued at approximately $927,000.

A number of other large investors have also added to or reduced their stakes in HRB. Zacks Investment Management increased its holdings in H&R Block by 17.8% in the 4th quarter. Zacks Investment Management now owns 38,774 shares of the company's stock worth $2,049,000 after acquiring an additional 5,870 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of H&R Block by 8.6% in the fourth quarter. NewEdge Advisors LLC now owns 36,585 shares of the company's stock worth $1,933,000 after buying an additional 2,911 shares in the last quarter. Bridgewater Associates LP boosted its position in shares of H&R Block by 42.2% during the 4th quarter. Bridgewater Associates LP now owns 440,476 shares of the company's stock valued at $23,275,000 after acquiring an additional 130,812 shares during the last quarter. Ontario Teachers Pension Plan Board grew its stake in H&R Block by 75.1% in the 4th quarter. Ontario Teachers Pension Plan Board now owns 24,457 shares of the company's stock worth $1,292,000 after buying an additional 10,488 shares in the last quarter. Finally, Mariner LLC increased its stake in H&R Block by 10.7% in the fourth quarter. Mariner LLC now owns 52,170 shares of the company's stock valued at $2,757,000 after acquiring an additional 5,027 shares during the last quarter. Hedge funds and other institutional investors own 90.14% of the company's stock.

H&R Block Trading Up 0.0 %

Shares of NYSE:HRB traded up $0.00 during midday trading on Friday, hitting $63.03. 2,141,849 shares of the stock traded hands, compared to its average volume of 1,347,916. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46. The stock has a market capitalization of $8.44 billion, a PE ratio of 17.36, a P/E/G ratio of 0.80 and a beta of 0.39. H&R Block, Inc. has a one year low of $45.87 and a one year high of $68.45. The business's 50 day moving average is $54.58 and its two-hundred day moving average is $56.31.

H&R Block (NYSE:HRB - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) EPS 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, research 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. Stockholders of record on Tuesday, March 4th were issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Tuesday, March 4th. H&R Block's dividend payout ratio (DPR) is presently 41.32%.

Insider Transactions at H&R Block

In other H&R Block news, CEO Jeffrey J. Jones II sold 53,810 shares of H&R Block 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 completion of the sale, the chief executive officer now owns 844,790 shares of the company's stock, valued at approximately $53,458,311.20. This trade represents a 5.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.30% of the company's stock.

Analyst Ratings Changes

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

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.