867 Shares in H&R Block, Inc. (NYSE:HRB) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new stake in shares of H&R Block, Inc. (NYSE:HRB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 867 shares of the company’s stock, valued at approximately $46,000.

A number of other large investors have also recently bought and sold shares of the business. Asset Management One Co. Ltd. bought a new stake in shares of H&R Block during the 3rd quarter valued at about $1,240,000. CWA Asset Management Group LLC bought a new position in shares of H&R Block during the 3rd quarter worth approximately $731,000. Assetmark Inc. grew its position in shares of H&R Block by 542.1% during the 3rd quarter. Assetmark Inc. now owns 1,297 shares of the company’s stock worth $82,000 after buying an additional 1,095 shares during the period. Axxcess Wealth Management LLC bought a new stake in shares of H&R Block in the 3rd quarter valued at $227,000. Finally, Colonial River Investments LLC acquired a new position in shares of H&R Block during the 3rd quarter valued at $228,000. 90.14% of the stock is currently owned by institutional investors and hedge funds.

H&R Block Price Performance

Shares of HRB opened at $56.05 on Tuesday. The business’s fifty day moving average is $53.74 and its 200 day moving average is $57.91. H&R Block, Inc. has a 12-month low of $45.87 and a 12-month high of $68.45. 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 cap of $7.50 billion, a P/E ratio of 15.44, a P/E/G ratio of 0.80 and a beta of 0.65.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) earnings per share 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%. Sell-side analysts anticipate that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Tuesday, March 4th. H&R Block’s dividend payout ratio (DPR) is presently 41.32%.

Analyst Upgrades and Downgrades

HRB has been the subject of a number of research reports. 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 restated an “outperform” rating and issued a $70.00 target price on shares of H&R Block in a research note 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.