Aperio Group LLC increased its holdings in H&R Block, Inc. (NYSE:HRB) by 15.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,003 shares of the company’s stock after buying an additional 11,393 shares during the period. Aperio Group LLC’s holdings in H&R Block were worth $2,277,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC raised its position in shares of H&R Block by 969.1% in the second quarter. Janus Henderson Group PLC now owns 314,883 shares of the company’s stock valued at $9,733,000 after buying an additional 285,431 shares in the last quarter. Marshall Wace North America L.P. raised its position in shares of H&R Block by 603.8% in the second quarter. Marshall Wace North America L.P. now owns 197,641 shares of the company’s stock valued at $6,127,000 after buying an additional 169,558 shares in the last quarter. Legal & General Group Plc raised its position in shares of H&R Block by 7.6% in the second quarter. Legal & General Group Plc now owns 1,230,666 shares of the company’s stock valued at $38,040,000 after buying an additional 86,420 shares in the last quarter. Prudential Financial Inc. raised its position in shares of H&R Block by 13.0% in the second quarter. Prudential Financial Inc. now owns 366,566 shares of the company’s stock valued at $11,331,000 after buying an additional 42,050 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of H&R Block by 5,390.7% in the second quarter. American Century Companies Inc. now owns 1,191,765 shares of the company’s stock valued at $36,837,000 after buying an additional 1,170,060 shares in the last quarter. Institutional investors own 91.66% of the company’s stock.

H&R Block, Inc. (HRB) opened at $25.95 on Tuesday. The stock has a market cap of $5,243.23, a price-to-earnings ratio of 12.67, a PEG ratio of 1.15 and a beta of 0.54. The company has a debt-to-equity ratio of -6.97, a quick ratio of 1.48 and a current ratio of 1.48. H&R Block, Inc. has a 1-year low of $19.85 and a 1-year high of $31.80.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Tuesday, August 29th. The company reported ($0.62) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.62). The company had revenue of $138.00 million during the quarter, compared to the consensus estimate of $129.33 million. H&R Block had a net margin of 13.19% and a negative return on equity of 101.42%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.56) earnings per share. research analysts predict that H&R Block, Inc. will post 1.98 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 4th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.96 annualized dividend and a dividend yield of 3.70%. H&R Block’s dividend payout ratio (DPR) is presently 49.48%.

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HRB has been the subject of several research analyst reports. BidaskClub downgraded shares of H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. BTIG Research restated a “sell” rating and set a $19.00 price objective on shares of H&R Block in a research report on Tuesday, August 29th. Credit Suisse Group restated a “neutral” rating and set a $30.00 price objective (up from $29.00) on shares of H&R Block in a research report on Wednesday, August 30th. Northcoast Research restated a “neutral” rating on shares of H&R Block in a research report on Wednesday, August 30th. Finally, Zacks Investment Research downgraded shares of H&R Block from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. H&R Block currently has an average rating of “Hold” and an average target price of $26.67.

H&R Block Profile

H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.

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Institutional Ownership by Quarter for H&R Block (NYSE:HRB)

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