H&R Block, Inc. (NYSE:HRB) Shares Sold by LSV Asset Management

LSV Asset Management trimmed its position in shares of H&R Block, Inc. (NYSE:HRB) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,458,633 shares of the company’s stock after selling 66,518 shares during the period. LSV Asset Management’s holdings in H&R Block were worth $77,074,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HRB. HighTower Advisors LLC raised its holdings in shares of H&R Block by 18.5% in the 3rd quarter. HighTower Advisors LLC now owns 17,982 shares of the company’s stock valued at $1,147,000 after purchasing an additional 2,803 shares in the last quarter. Stifel Financial Corp increased its holdings in H&R Block by 1.5% in the third quarter. Stifel Financial Corp now owns 64,969 shares of the company’s stock valued at $4,129,000 after buying an additional 988 shares during the last quarter. EP Wealth Advisors LLC raised its stake in H&R Block by 5.5% in the third quarter. EP Wealth Advisors LLC now owns 4,245 shares of the company’s stock valued at $270,000 after buying an additional 221 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in H&R Block by 7.2% in the third quarter. Orion Portfolio Solutions LLC now owns 5,599 shares of the company’s stock valued at $356,000 after buying an additional 378 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its holdings in H&R Block by 4.2% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,878 shares of the company’s stock worth $309,000 after buying an additional 198 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analyst Upgrades and Downgrades

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

H&R Block Stock Performance

NYSE HRB opened at $57.09 on Friday. The company has a fifty day moving average of $53.59 and a two-hundred day moving average of $56.32. The company has a market capitalization of $7.64 billion, a PE ratio of 15.73, a P/E/G ratio of 0.80 and a beta of 0.39. H&R Block, Inc. has a 1 year low of $45.87 and a 1 year high of $68.45. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.73 and a quick ratio of 0.73.

H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) 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%. As a group, analysts expect that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were issued a $0.375 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.63%. H&R Block’s payout ratio is 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.