Monument Capital Management Raises Stake in H&R Block, Inc. (NYSE:HRB)

Monument Capital Management lifted its stake in shares of H&R Block, Inc. (NYSE:HRB) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 53,715 shares of the company’s stock after buying an additional 1,075 shares during the quarter. Monument Capital Management’s holdings in H&R Block were worth $2,838,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank bought a new stake in shares of H&R Block in the 3rd quarter valued at about $25,000. Endeavor Private Wealth Inc. bought a new position in H&R Block in the fourth quarter worth approximately $27,000. Spire Wealth Management bought a new stake in H&R Block during the 4th quarter valued at $28,000. Newbridge Financial Services Group Inc. purchased a new position in shares of H&R Block in the 4th quarter valued at $29,000. Finally, Bogart Wealth LLC raised its position in shares of H&R Block by 606.1% in the 3rd quarter. Bogart Wealth LLC now owns 466 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

H&R Block Stock Up 0.5 %

NYSE HRB opened at $52.62 on Monday. The business has a fifty day moving average price of $54.16 and a 200 day moving average price of $58.54. The company has a market cap of $7.21 billion, a P/E ratio of 14.49, a P/E/G ratio of 0.82 and a beta of 0.69. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.77 and a current ratio of 0.73. H&R Block, Inc. has a one year low of $45.64 and a one year high of $68.45.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Tuesday, February 4th. The company reported ($1.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.59) by ($0.14). H&R Block had a negative return on equity of 179.15% and a net margin of 14.71%. Research analysts anticipate that H&R Block, Inc. will post 5.27 EPS for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Tuesday, March 4th. H&R Block’s dividend payout ratio is presently 41.32%.

Wall Street Analyst Weigh In

HRB has been the topic of a number of recent analyst reports. Barrington Research reaffirmed an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research report on Wednesday, February 5th. StockNews.com cut H&R Block from a “buy” rating to a “hold” rating in a research 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.