O Shaughnessy Asset Management LLC Trims Holdings in H&R Block, Inc. (NYSE:HRB)

O Shaughnessy Asset Management LLC cut its holdings in H&R Block, Inc. (NYSE:HRB - Free Report) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,434 shares of the company's stock after selling 10,909 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.05% of H&R Block worth $3,880,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC lifted its stake in shares of H&R Block by 11.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,646 shares of the company's stock valued at $144,000 after acquiring an additional 263 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in H&R Block by 12.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,050,678 shares of the company's stock valued at $108,358,000 after purchasing an additional 232,095 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in H&R Block by 29.0% in the fourth quarter. Orion Portfolio Solutions LLC now owns 7,222 shares of the company's stock valued at $382,000 after purchasing an additional 1,623 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of H&R Block by 5.5% during the fourth quarter. Pictet Asset Management Holding SA now owns 19,188 shares of the company's stock valued at $1,014,000 after purchasing an additional 999 shares during the period. Finally, New Age Alpha Advisors LLC bought a new position in shares of H&R Block in the fourth quarter worth approximately $1,644,000. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

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H&R Block Trading Down 1.5 %

Shares of HRB traded down $0.84 during mid-day trading on Monday, hitting $54.68. 1,790,489 shares of the company's stock traded hands, compared to its average volume of 1,306,604. 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 firm has a market capitalization of $7.32 billion, a P/E ratio of 15.06, a PEG ratio of 0.80 and a beta of 0.39. The business's 50-day moving average price is $53.50 and its 200-day moving average price is $56.50. H&R Block, Inc. has a 1 year low of $45.87 and a 1 year high of $68.45.

H&R Block (NYSE:HRB - Get Free Report) last issued its quarterly earnings data 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%. As a group, sell-side analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The company 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 dividend yield of 2.74%. H&R Block's dividend payout ratio (DPR) is 41.32%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HRB shares. Barrington Research reissued 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 downgraded shares of H&R Block from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

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.