Amundi Buys 1,307 Shares of H&R Block, Inc. (NYSE:HRB)

Amundi raised its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 1.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 87,240 shares of the company’s stock after purchasing an additional 1,307 shares during the quarter. Amundi’s holdings in H&R Block were worth $4,738,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Endeavor Private Wealth Inc. purchased a new stake in shares of H&R Block during the fourth quarter valued at $27,000. Spire Wealth Management purchased a new stake in H&R Block in the 4th quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in H&R Block in the 3rd quarter worth about $34,000. Newbridge Financial Services Group Inc. purchased a new position in shares of H&R Block during the fourth quarter worth approximately $29,000. Finally, GAMMA Investing LLC raised its stake in shares of H&R Block by 64.5% during the fourth quarter. GAMMA Investing LLC now owns 658 shares of the company’s stock valued at $35,000 after acquiring an additional 258 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on HRB. StockNews.com cut H&R Block from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Barrington Research restated an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research note on Wednesday, February 5th.

H&R Block Price Performance

NYSE HRB opened at $50.24 on Friday. The company has a market cap of $6.72 billion, a PE ratio of 13.84, a P/E/G ratio of 0.80 and a beta of 0.65. The firm’s 50 day moving average price is $53.56 and its 200-day moving average price is $57.59. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.73 and a current ratio of 0.73. H&R Block, Inc. has a 52-week low of $45.87 and a 52-week high of $68.45.

H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.59) by ($0.14). H&R Block had a net margin of 14.71% and a negative return on equity of 179.15%. Sell-side analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th will be paid a $0.375 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $1.50 annualized dividend and a yield of 2.99%. H&R Block’s dividend payout ratio (DPR) is presently 41.32%.

H&R Block Company Profile

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.