Linden Thomas Advisory Services LLC Sells 259 Shares of H&R Block, Inc. (NYSE:HRB)

Linden Thomas Advisory Services LLC trimmed its holdings in shares of H&R Block, Inc. (NYSE:HRB) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,384 shares of the company’s stock after selling 259 shares during the period. Linden Thomas Advisory Services LLC’s holdings in H&R Block were worth $1,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in HRB. Geneos Wealth Management Inc. purchased a new position in H&R Block during the fourth quarter valued at approximately $75,000. Sound Income Strategies LLC raised its position in shares of H&R Block by 0.8% in the 4th quarter. Sound Income Strategies LLC now owns 184,374 shares of the company’s stock worth $9,742,000 after acquiring an additional 1,542 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in shares of H&R Block during the 4th quarter worth $27,000. Janney Montgomery Scott LLC boosted its position in H&R Block by 1.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 66,780 shares of the company’s stock valued at $3,529,000 after purchasing an additional 655 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its position in H&R Block by 3.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 107,075 shares of the company’s stock valued at $5,658,000 after purchasing an additional 3,280 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Trading Up 1.0 %

Shares of NYSE:HRB opened at $52.85 on Friday. 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 firm has a market capitalization of $7.24 billion, a P/E ratio of 12.89, a P/E/G ratio of 0.81 and a beta of 0.69. The business’s 50-day moving average is $55.51 and its 200 day moving average is $58.73. H&R Block, Inc. has a 1 year low of $42.28 and a 1 year high of $68.45.

H&R Block (NYSE:HRB) last released its earnings results on Thursday, November 7th. The company reported ($1.17) earnings per share for the quarter, missing the consensus estimate of ($1.13) by ($0.04). The company had revenue of $193.81 million for the quarter, compared to analysts’ expectations of $188.78 million. H&R Block had a negative return on equity of 212.45% and a net margin of 16.19%. During the same period in the prior year, the firm posted ($1.05) EPS. On average, research analysts predict that H&R Block, Inc. will post 5.27 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Thursday, December 5th were issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date was Thursday, December 5th. H&R Block’s dividend payout ratio (DPR) is 36.59%.

Analyst Upgrades and Downgrades

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

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.