H&R Block, Inc. (NYSE:HRB) Shares Sold by Quent Capital LLC

Quent Capital LLC trimmed its stake in shares of H&R Block, Inc. (NYSE:HRB) by 97.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 566 shares of the company’s stock after selling 22,490 shares during the quarter. Quent Capital LLC’s holdings in H&R Block were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its position in shares of H&R Block by 5.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,936,829 shares of the company’s stock worth $313,735,000 after purchasing an additional 255,354 shares during the period. Pacer Advisors Inc. raised its position in shares of H&R Block by 21.1% during the 4th quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company’s stock worth $144,527,000 after purchasing an additional 476,892 shares during the period. Wedge Capital Management L L P NC grew its holdings in 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 worth $46,748,000 after buying an additional 107,450 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in H&R Block by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 754,287 shares of the company’s stock worth $47,935,000 after buying an additional 25,234 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in H&R Block by 29.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 698,101 shares of the company’s stock worth $44,364,000 after buying an additional 156,856 shares in the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

H&R Block Stock Performance

Shares of NYSE HRB opened at $52.36 on Friday. The stock has a fifty day moving average price of $54.25 and a two-hundred day moving average price of $58.56. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.77 and a current ratio of 0.73. The firm has a market cap of $7.01 billion, a P/E ratio of 14.42, a PEG ratio of 0.82 and a beta of 0.69. H&R Block, Inc. has a 1 year low of $45.64 and a 1 year high of $68.45.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. Research analysts forecast that H&R Block, Inc. will post 5.27 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Tuesday, March 4th. H&R Block’s payout ratio is currently 41.32%.

Analysts Set New Price Targets

HRB has been the subject of a number of recent analyst reports. Barrington Research reissued an “outperform” rating and issued a $70.00 price objective on shares of H&R Block in a report on Wednesday, February 5th. StockNews.com lowered H&R Block from a “buy” rating to a “hold” rating in a report on Thursday.

H&R Block 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.