H&R Block, Inc. (NYSE:HRB) Position Increased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its position in H&R Block, Inc. (NYSE:HRB) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,075 shares of the company’s stock after purchasing an additional 3,280 shares during the quarter. Crossmark Global Holdings Inc. owned approximately 0.08% of H&R Block worth $5,658,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of HRB. My Legacy Advisors LLC raised its position in H&R Block by 7.5% during the fourth quarter. My Legacy Advisors LLC now owns 5,124 shares of the company’s stock valued at $284,000 after acquiring an additional 359 shares in the last quarter. Merit Financial Group LLC bought a new position in shares of H&R Block during the 4th quarter valued at $362,000. Wedge Capital Management L L P NC lifted its stake in shares of H&R Block by 13.8% in the 4th quarter. Wedge Capital Management L L P NC now owns 884,714 shares of the company’s stock valued at $46,748,000 after purchasing an additional 107,450 shares during the last quarter. Burney Co. boosted its holdings in H&R Block by 1.9% in the fourth quarter. Burney Co. now owns 46,586 shares of the company’s stock worth $2,462,000 after purchasing an additional 869 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in H&R Block by 52.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 838 shares of the company’s stock worth $44,000 after buying an additional 289 shares during the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

H&R Block Price Performance

Shares of H&R Block stock opened at $54.95 on Wednesday. H&R Block, Inc. has a 1-year low of $42.28 and a 1-year high of $68.45. The firm has a fifty day simple moving average of $55.91 and a 200-day simple moving average of $58.78. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 16.46. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 0.84 and a beta of 0.69.

H&R Block (NYSE:HRB) last released its quarterly earnings results 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 net margin of 16.19% and a negative return on equity of 212.45%. The firm had revenue of $193.81 million for the quarter, compared to the consensus estimate of $188.78 million. During the same quarter last year, the company earned ($1.05) earnings per share. On average, sell-side analysts expect that H&R Block, Inc. will post 5.27 earnings per share 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 issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.73%. H&R Block’s dividend payout ratio (DPR) is presently 36.59%.

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.