30,527 Shares in H&R Block, Inc. (NYSE:HRB) Bought by Oak Thistle LLC

Oak Thistle LLC acquired a new stake in shares of H&R Block, Inc. (NYSE:HRB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 30,527 shares of the company’s stock, valued at approximately $1,613,000.

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

Analyst Ratings Changes

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

H&R Block Stock Up 0.5 %

HRB opened at $54.83 on Wednesday. The firm has a market cap of $7.51 billion, a P/E ratio of 13.37, a price-to-earnings-growth ratio of 0.86 and a beta of 0.69. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.77 and a current ratio of 0.77. The business has a 50 day moving average price of $56.63 and a 200 day moving average price of $58.78. H&R Block, Inc. has a twelve month low of $42.28 and a twelve month high of $68.45.

H&R Block (NYSE:HRB) last issued 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). 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 analyst estimates of $188.78 million. During the same quarter in the previous year, the firm posted ($1.05) earnings per share. Research analysts forecast that H&R Block, Inc. will post 5.27 EPS for the current year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Thursday, December 5th were paid a $0.375 dividend. The ex-dividend date was Thursday, December 5th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.74%. H&R Block’s payout ratio is presently 36.59%.

About H&R Block

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.