H&R Block, Inc. (NYSE:HRB) Shares Purchased by Prudential Financial Inc.

Prudential Financial Inc. boosted its holdings in H&R Block, Inc. (NYSE:HRB - Free Report) by 28.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,567 shares of the company's stock after buying an additional 10,210 shares during the quarter. Prudential Financial Inc.'s holdings in H&R Block were worth $2,461,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Boston Partners raised its position in shares of H&R Block by 58.5% during the 4th quarter. Boston Partners now owns 4,500,552 shares of the company's stock worth $237,814,000 after acquiring an additional 1,660,319 shares in the last quarter. Boston Trust Walden Corp acquired a new stake in H&R Block during the fourth quarter worth approximately $25,552,000. Pacer Advisors Inc. lifted its position in shares of H&R Block by 21.1% during the 4th quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company's stock worth $144,527,000 after buying an additional 476,892 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of H&R Block by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company's stock valued at $275,796,000 after buying an additional 282,633 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of H&R Block by 105.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 473,112 shares of the company's stock valued at $24,999,000 after buying an additional 243,100 shares during the last quarter. 90.14% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

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

H&R Block Stock Performance

HRB stock traded up $0.10 on Tuesday, hitting $54.76. The company's stock had a trading volume of 1,675,356 shares, compared to its average volume of 1,309,183. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of 15.09, a price-to-earnings-growth ratio of 0.80 and a beta of 0.39. The firm has a 50 day moving average of $53.52 and a two-hundred day moving average of $56.42. 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, 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 announced its earnings results on Tuesday, February 4th. The company reported ($1.73) 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%. Equities analysts predict that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th were given a $0.375 dividend. 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 2.74%. 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.