Range Financial Group LLC Purchases 10,239 Shares of H&R Block, Inc. (NYSE:HRB)

Range Financial Group LLC boosted its holdings in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 232.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,645 shares of the company's stock after buying an additional 10,239 shares during the quarter. Range Financial Group LLC's holdings in H&R Block were worth $774,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Eastern Bank acquired a new position in H&R Block during the third quarter worth about $25,000. Bogart Wealth LLC raised its holdings in H&R Block by 606.1% during the 3rd quarter. Bogart Wealth LLC now owns 466 shares of the company's stock worth $30,000 after purchasing an additional 400 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in H&R Block in the third quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of H&R Block in the 3rd quarter valued at about $35,000. Finally, GAMMA Investing LLC boosted its holdings 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 buying an additional 258 shares in the last quarter. 90.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an "outperform" rating and set a $70.00 price target on shares of H&R Block in a research note on Friday, November 8th.

H&R Block Price Performance

Shares of HRB stock traded up $0.52 during trading hours on Tuesday, reaching $53.61. The stock had a trading volume of 1,165,641 shares, compared to its average volume of 1,022,060. The stock's fifty day simple moving average is $57.10 and its 200 day simple moving average is $58.75. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 16.46. H&R Block, Inc. has a 12 month low of $42.28 and a 12 month high of $68.45. The firm has a market capitalization of $7.35 billion, a PE ratio of 13.08, a PEG ratio of 0.86 and a beta of 0.69.

H&R Block (NYSE:HRB - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.13) by ($0.04). H&R Block had a negative return on equity of 212.45% and a net margin of 16.19%. The company had revenue of $193.81 million during the quarter, compared to analysts' expectations of $188.78 million. During the same quarter last year, the firm posted ($1.05) earnings per share. On average, equities research analysts predict that H&R Block, Inc. will post 5.27 EPS for the current year.

H&R Block Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Thursday, December 5th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend was Thursday, December 5th. H&R Block's dividend payout ratio is currently 36.59%.

H&R Block Company Profile

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. It offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees.