483,572 Shares in H&R Block, Inc. (NYSE:HRB) Purchased by Boston Trust Walden Corp

Boston Trust Walden Corp acquired a new stake in shares of H&R Block, Inc. (NYSE:HRB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 483,572 shares of the company’s stock, valued at approximately $25,552,000. Boston Trust Walden Corp owned approximately 0.35% of H&R Block as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in shares of H&R Block by 5.5% during the third 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 in the last quarter. Pacer Advisors Inc. grew its position in shares of H&R Block by 21.1% in the 4th 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. Wedge Capital Management L L P NC increased its stake in shares of H&R Block by 13.8% in the 4th quarter. Wedge Capital Management L L P NC now owns 884,714 shares of the company’s stock worth $46,748,000 after acquiring an additional 107,450 shares in the last quarter. JPMorgan Chase & Co. lifted its position in H&R Block by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 754,287 shares of the company’s stock valued at $47,935,000 after acquiring an additional 25,234 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in H&R Block by 29.0% during 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. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Price Performance

HRB opened at $55.79 on Tuesday. H&R Block, Inc. has a 1 year low of $42.28 and a 1 year high of $68.45. The stock has a 50-day moving average price of $55.17 and a 200-day moving average price of $58.78. The firm has a market cap of $7.65 billion, a PE ratio of 13.61, a P/E/G ratio of 0.84 and a beta of 0.69. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.77 and a quick ratio of 0.77.

H&R Block (NYSE:HRB) last issued 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 firm had revenue of $193.81 million during the quarter, compared to the consensus estimate of $188.78 million. During the same quarter in the prior year, the company posted ($1.05) EPS. Sell-side analysts predict that H&R Block, Inc. will post 5.27 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date was Thursday, December 5th. This represents a $1.50 annualized dividend and a dividend yield of 2.69%. H&R Block’s dividend payout ratio (DPR) is presently 36.59%.

Wall Street Analyst Weigh In

Separately, Barrington Research reiterated an “outperform” rating and set a $70.00 target price on shares of H&R Block in a report on Monday, January 27th.

H&R Block 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.