H&R Block, Inc. (NYSE:HRB) Shares Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC boosted its position in H&R Block, Inc. (NYSE:HRB) by 46.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,887 shares of the company’s stock after buying an additional 5,380 shares during the quarter. CWA Asset Management Group LLC’s holdings in H&R Block were worth $892,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of H&R Block by 5.5% in 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 acquiring an additional 255,354 shares during the last quarter. Pacer Advisors Inc. increased its stake in H&R Block by 52.2% during the second quarter. Pacer Advisors Inc. now owns 2,738,190 shares of the company’s stock valued at $148,492,000 after purchasing an additional 939,270 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of H&R Block by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,484,417 shares of the company’s stock worth $134,726,000 after purchasing an additional 23,792 shares during the period. AQR Capital Management LLC lifted its position in shares of H&R Block by 39.7% in the 2nd quarter. AQR Capital Management LLC now owns 2,131,451 shares of the company’s stock worth $115,418,000 after buying an additional 606,250 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its holdings in shares of H&R Block by 1,630.9% in the 3rd quarter. Wedge Capital Management L L P NC now owns 777,264 shares of the company’s stock valued at $49,395,000 after buying an additional 732,359 shares during the period. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Price Performance

Shares of NYSE HRB opened at $53.61 on Wednesday. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $7.35 billion, a PE ratio of 13.08, a P/E/G ratio of 0.86 and a beta of 0.69. H&R Block, Inc. has a 1-year low of $42.28 and a 1-year high of $68.45. The business’s fifty day moving average price is $57.10 and its two-hundred day moving average price is $58.75.

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

H&R Block Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Stockholders 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 2.80%. H&R Block’s dividend payout ratio is presently 36.59%.

Analyst Ratings Changes

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

H&R Block Profile

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.