Thurston Springer Miller Herd & Titak Inc. Has $44,000 Stock Holdings in H&R Block, Inc. (NYSE:HRB)

Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 52.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 838 shares of the company’s stock after purchasing an additional 289 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in H&R Block were worth $44,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Pacer Advisors Inc. boosted its holdings in H&R Block by 52.2% in the second quarter. Pacer Advisors Inc. now owns 2,738,190 shares of the company’s stock worth $148,492,000 after acquiring an additional 939,270 shares in the last quarter. Wedge Capital Management L L P NC boosted its holdings in H&R Block by 1,630.9% in the third quarter. Wedge Capital Management L L P NC now owns 777,264 shares of the company’s stock worth $49,395,000 after acquiring an additional 732,359 shares in the last quarter. AQR Capital Management LLC boosted its holdings in H&R Block by 39.7% in the second quarter. AQR Capital Management LLC now owns 2,131,451 shares of the company’s stock worth $115,418,000 after acquiring an additional 606,250 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in H&R Block by 5.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,936,829 shares of the company’s stock worth $313,735,000 after acquiring an additional 255,354 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in H&R Block by 29.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 698,101 shares of the company’s stock worth $44,364,000 after acquiring an additional 156,856 shares in the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research reiterated an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a report on Friday, November 8th.

H&R Block Stock Performance

Shares of H&R Block stock opened at $55.23 on Friday. The business’s fifty day simple moving average is $56.13 and its 200 day simple moving average is $58.76. The firm has a market capitalization of $7.57 billion, a P/E ratio of 13.47, a price-to-earnings-growth ratio of 0.81 and a beta of 0.69. H&R Block, Inc. has a 12 month low of $42.28 and a 12 month high of $68.45. 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 (NYSE:HRB) last released its earnings results on Thursday, November 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $193.81 million during the quarter, compared to analysts’ expectations of $188.78 million. During the same period in the prior year, the business earned ($1.05) earnings per share. As a group, analysts anticipate that H&R Block, Inc. will post 5.27 EPS for the current year.

H&R Block Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Thursday, December 5th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend was Thursday, December 5th. H&R Block’s dividend payout ratio is currently 36.59%.

About H&R Block

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.