Xponance Inc. Has $1.04 Million Holdings in H&R Block, Inc. (NYSE:HRB)

Xponance Inc. boosted its position in shares of H&R Block, Inc. (NYSE:HRB) by 4.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 19,655 shares of the company’s stock after purchasing an additional 784 shares during the period. Xponance Inc.’s holdings in H&R Block were worth $1,039,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Natixis Advisors LLC lifted its position in shares of H&R Block by 8.9% during the 3rd quarter. Natixis Advisors LLC now owns 25,802 shares of the company’s stock worth $1,640,000 after buying an additional 2,113 shares during the last quarter. Pathstone Holdings LLC raised its stake in H&R Block by 5.8% during the third quarter. Pathstone Holdings LLC now owns 24,891 shares of the company’s stock worth $1,584,000 after acquiring an additional 1,357 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of H&R Block by 14.5% in the third quarter. Caprock Group LLC now owns 5,902 shares of the company’s stock worth $377,000 after acquiring an additional 746 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of H&R Block by 176.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,712 shares of the company’s stock valued at $172,000 after purchasing an additional 1,730 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of H&R Block by 47.8% during the 3rd quarter. Cerity Partners LLC now owns 132,663 shares of the company’s stock valued at $8,431,000 after purchasing an additional 42,934 shares during the last quarter. 90.14% of the stock is owned by institutional investors.

H&R Block Stock Up 0.1 %

NYSE:HRB opened at $52.46 on Monday. H&R Block, Inc. has a one year low of $45.87 and a one 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. The company has a market cap of $7.02 billion, a PE ratio of 14.45, a P/E/G ratio of 0.80 and a beta of 0.65. The firm’s 50 day simple moving average is $53.42 and its 200 day simple moving average is $57.15.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) EPS for the quarter, missing analysts’ consensus estimates 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%. On average, research analysts anticipate that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $1.50 annualized dividend and a dividend yield of 2.86%. H&R Block’s payout ratio is 41.32%.

Analysts Set New Price Targets

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

About H&R Block

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.