Diversified Trust Co Invests $559,000 in H&R Block, Inc. (NYSE:HRB)

Diversified Trust Co acquired a new position in shares of H&R Block, Inc. (NYSE:HRBFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,571 shares of the company’s stock, valued at approximately $559,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HRB. Eastern Bank purchased a new position in shares of H&R Block during the third quarter valued at $25,000. Bogart Wealth LLC grew its holdings in H&R Block by 606.1% during the 3rd quarter. Bogart Wealth LLC now owns 466 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in H&R Block during the 3rd quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of H&R Block in the 3rd quarter valued at about $35,000. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of H&R Block in the 3rd quarter worth approximately $40,000. 90.14% of the stock is owned by institutional investors.

H&R Block Price Performance

Shares of HRB stock opened at $53.69 on Friday. The company has a market cap of $7.36 billion, a P/E ratio of 13.10, a PEG ratio of 0.86 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. The stock’s 50-day moving average is $56.87 and its 200 day moving average is $58.69. H&R Block, Inc. has a 1-year low of $42.28 and a 1-year high of $68.45.

H&R Block (NYSE:HRBGet Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $188.78 million. During the same period in the previous year, the firm earned ($1.05) EPS. Research 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. Stockholders of record on Thursday, December 5th were issued 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 2.79%. H&R Block’s dividend payout ratio is presently 36.59%.

Analysts Set New Price Targets

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

View Our Latest Stock Report on H&R Block

H&R Block Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding HRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for H&R Block, Inc. (NYSE:HRBFree Report).

Institutional Ownership by Quarter for H&R Block (NYSE:HRB)

Receive News & Ratings for H&R Block Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Block and related companies with MarketBeat.com's FREE daily email newsletter.