H&R Block, Inc. (NYSE:HRB) Shares Bought by My Legacy Advisors LLC

My Legacy Advisors LLC increased its position in shares of H&R Block, Inc. (NYSE:HRB) by 7.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,124 shares of the company’s stock after acquiring an additional 359 shares during the quarter. My Legacy Advisors LLC’s holdings in H&R Block were worth $284,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of HRB. Point72 Asset Management L.P. acquired a new position in shares of H&R Block during the 3rd quarter valued at $1,821,000. Algert Global LLC boosted its holdings in shares of H&R Block by 413.1% in the 3rd quarter. Algert Global LLC now owns 72,110 shares of the company’s stock valued at $4,583,000 after buying an additional 58,057 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in H&R Block by 5.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,936,829 shares of the company’s stock valued at $313,735,000 after purchasing an additional 255,354 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of H&R Block by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 754,287 shares of the company’s stock worth $47,935,000 after acquiring an additional 25,234 shares during the period. Finally, Oak Thistle LLC acquired a new stake in shares of H&R Block in the 4th quarter worth approximately $1,613,000. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Stock Down 0.4 %

Shares of NYSE HRB opened at $55.23 on Monday. The firm has a market capitalization of $7.57 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 0.81 and a beta of 0.69. 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 1 year low of $42.28 and a 1 year high of $68.45. The firm’s 50-day moving average is $56.13 and its 200-day moving average is $58.78.

H&R Block (NYSE:HRB) last released its earnings results on Thursday, November 7th. The company reported ($1.17) earnings per share for the quarter, missing the consensus estimate of ($1.13) by ($0.04). H&R Block had a net margin of 16.19% and a negative return on equity of 212.45%. The firm had revenue of $193.81 million during the quarter, compared to the consensus estimate of $188.78 million. During the same period in the prior year, the business posted ($1.05) earnings per share. Equities analysts expect that H&R Block, Inc. will post 5.27 EPS for the current year.

H&R Block Announces Dividend

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

Analyst Ratings Changes

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

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.