Ruffer LLP Buys Shares of 79,547 H&R Block, Inc. (NYSE:HRB)

Ruffer LLP bought a new position in shares of H&R Block, Inc. (NYSE:HRB - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 79,547 shares of the company's stock, valued at approximately $4,203,000. Ruffer LLP owned 0.06% of H&R Block as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in HRB. Boston Trust Walden Corp acquired a new stake in shares of H&R Block during the fourth quarter worth about $25,552,000. Pacer Advisors Inc. boosted its stake in shares of H&R Block by 21.1% during the fourth 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 period. Charles Schwab Investment Management Inc. boosted its stake in shares of 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 buying an additional 282,633 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in H&R Block by 105.7% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 473,112 shares of the company's stock worth $24,999,000 after purchasing an additional 243,100 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in H&R Block during the fourth quarter worth about $10,725,000. Institutional investors and hedge funds own 90.14% of the company's stock.

H&R Block Stock Performance

NYSE HRB traded up $0.54 during trading hours on Monday, hitting $56.05. 2,041,143 shares of the stock were exchanged, compared to its average volume of 1,245,381. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65. H&R Block, Inc. has a 12-month low of $45.87 and a 12-month high of $68.45. The stock has a 50-day moving average of $53.74 and a 200 day moving average of $57.91. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46.

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H&R Block (NYSE:HRB - Get Free Report) last issued its earnings results 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, equities 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 business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th will be issued a $0.375 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a yield of 2.68%. H&R Block's dividend payout ratio (DPR) is presently 41.32%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. StockNews.com cut 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 set a $70.00 price target on shares of H&R Block in a report on Wednesday, February 5th.

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.