H&R Block, Inc. (NYSE:HRB) Shares Sold by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd lessened its position in shares of H&R Block, Inc. (NYSE:HRB) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,026 shares of the company’s stock after selling 729 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in H&R Block were worth $1,058,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Pathstone Holdings LLC boosted its position in H&R Block by 5.8% in the third quarter. Pathstone Holdings LLC now owns 24,891 shares of the company’s stock valued at $1,584,000 after buying an additional 1,357 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in H&R Block by 176.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,712 shares of the company’s stock valued at $172,000 after acquiring an additional 1,730 shares during the period. Kingsview Wealth Management LLC boosted its holdings in shares of H&R Block by 7.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 5,667 shares of the company’s stock valued at $360,000 after acquiring an additional 410 shares during the last quarter. Townsquare Capital LLC raised its holdings in shares of H&R Block by 15.0% during the third quarter. Townsquare Capital LLC now owns 10,855 shares of the company’s stock worth $690,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Bridgewater Associates LP lifted its position in H&R Block by 96.4% during the third quarter. Bridgewater Associates LP now owns 309,664 shares of the company’s stock valued at $19,679,000 after purchasing an additional 151,978 shares during the period. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Stock Performance

HRB opened at $53.92 on Friday. The firm has a fifty day moving average price of $53.28 and a 200 day moving average price of $56.97. H&R Block, Inc. has a 1 year low of $45.87 and a 1 year high of $68.45. The stock has a market cap of $7.22 billion, a P/E ratio of 14.85, a P/E/G ratio of 0.80 and a beta of 0.65. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.73 and a quick ratio of 0.73.

H&R Block (NYSE:HRB) last issued 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%. Equities research analysts anticipate that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 2.78%. The ex-dividend date is Tuesday, March 4th. H&R Block’s payout ratio is currently 41.32%.

Wall Street Analyst Weigh In

HRB has been the topic of several analyst reports. StockNews.com downgraded H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. Barrington Research reaffirmed an “outperform” rating and set a $70.00 target price on shares of H&R Block in a report on Wednesday, February 5th.

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.