Huber Capital Management LLC Has $1.23 Million Stock Holdings in H&R Block, Inc. (NYSE:HRB)

Huber Capital Management LLC grew its stake in shares of H&R Block, Inc. (NYSE:HRB) by 14.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,200 shares of the company’s stock after purchasing an additional 3,000 shares during the period. Huber Capital Management LLC’s holdings in H&R Block were worth $1,226,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in HRB. Vanguard Group Inc. grew its position in H&R Block by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 14,253,276 shares of the company’s stock valued at $753,143,000 after purchasing an additional 35,945 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of H&R Block by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company’s stock worth $275,796,000 after buying an additional 282,633 shares during the last quarter. Boston Partners grew its stake in H&R Block by 58.5% in the 4th quarter. Boston Partners now owns 4,500,552 shares of the company’s stock valued at $237,814,000 after purchasing an additional 1,660,319 shares during the period. Pacer Advisors Inc. increased its holdings in H&R Block by 21.1% during the fourth quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company’s stock worth $144,527,000 after buying an additional 476,892 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in H&R Block by 12.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,050,678 shares of the company’s stock worth $108,358,000 after acquiring an additional 232,095 shares during the period. Institutional investors own 90.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on HRB shares. StockNews.com downgraded H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. Barrington Research reissued an “outperform” rating and set a $70.00 price objective on shares of H&R Block in a report on Wednesday, February 5th.

H&R Block Stock Up 0.6 %

NYSE:HRB opened at $56.66 on Thursday. H&R Block, Inc. has a fifty-two week low of $45.87 and a fifty-two week high of $68.45. The firm has a 50-day simple moving average of $53.35 and a two-hundred day simple moving average of $56.71. The firm has a market cap of $7.58 billion, a P/E ratio of 15.61, 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 quick ratio of 0.73 and a current ratio of 0.73.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share for the quarter, missing the consensus estimate 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%. Analysts predict that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently announced 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 dividend yield of 2.65%. The ex-dividend date of this dividend is Tuesday, March 4th. H&R Block’s dividend payout ratio (DPR) is presently 41.32%.

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.