Blue Trust Inc. Buys 1,453 Shares of H&R Block, Inc. (NYSE:HRB)

Blue Trust Inc. boosted its position in shares of H&R Block, Inc. (NYSE:HRB) by 26.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,935 shares of the company’s stock after buying an additional 1,453 shares during the quarter. Blue Trust Inc.’s holdings in H&R Block were worth $366,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HRB. Eastern Bank acquired a new position in H&R Block in the third quarter valued at approximately $25,000. Endeavor Private Wealth Inc. acquired a new stake in H&R Block during the 4th quarter worth $27,000. Bogart Wealth LLC raised its position in shares of H&R Block by 606.1% during the 3rd quarter. Bogart Wealth LLC now owns 466 shares of the company’s stock valued at $30,000 after acquiring an additional 400 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of H&R Block in the 3rd quarter valued at $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of H&R Block in the 3rd quarter worth $35,000. 90.14% of the stock is currently owned by institutional investors.

H&R Block Stock Down 0.0 %

Shares of NYSE HRB opened at $55.42 on Friday. H&R Block, Inc. has a 52-week low of $42.28 and a 52-week high of $68.45. 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 stock has a market cap of $7.60 billion, a P/E ratio of 13.52, a P/E/G ratio of 0.83 and a beta of 0.69. The firm has a 50 day moving average price of $55.24 and a 200 day moving average price of $58.76.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 16.19% and a negative return on equity of 212.45%. During the same period last year, the firm earned ($1.05) EPS. 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 declared 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. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date was Thursday, December 5th. H&R Block’s dividend payout ratio is currently 36.59%.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reiterated an “outperform” rating and issued a $70.00 price objective on shares of H&R Block in a report on Monday, January 27th.

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.