H&R Block, Inc. (NYSE:HRB) Shares Acquired by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC lifted its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 7.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,187 shares of the company’s stock after acquiring an additional 710 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in H&R Block were worth $538,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Eastern Bank acquired a new position in H&R Block during the 3rd quarter valued at approximately $25,000. Endeavor Private Wealth Inc. acquired a new stake in H&R Block during the 4th quarter worth about $27,000. Spire Wealth Management purchased a new position in H&R Block during the fourth quarter valued at approximately $28,000. Newbridge Financial Services Group Inc. purchased a new position in shares of H&R Block during the 4th quarter valued at approximately $29,000. Finally, Bogart Wealth LLC raised its position in shares of H&R Block by 606.1% in the third quarter. Bogart Wealth LLC now owns 466 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 90.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HRB shares. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a report on Wednesday, February 5th. StockNews.com cut H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.

H&R Block Stock Down 0.0 %

Shares of NYSE HRB opened at $52.42 on Friday. The firm has a market cap of $7.02 billion, a price-to-earnings ratio of 14.44, a price-to-earnings-growth ratio of 0.80 and a beta of 0.69. The company’s 50-day simple moving average is $53.85 and its 200-day simple moving average is $58.39. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46. H&R Block, Inc. has a 52-week low of $45.64 and a 52-week high of $68.45.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) EPS for the quarter, missing the consensus estimate of ($1.59) by ($0.14). H&R Block had a negative return on equity of 179.15% and a net margin of 14.71%. Equities analysts predict that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently disclosed 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 of this dividend is Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a yield of 2.86%. H&R Block’s payout ratio is currently 41.32%.

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.