O Shaughnessy Asset Management LLC Sells 10,909 Shares of H&R Block, Inc. (NYSE:HRB)

O Shaughnessy Asset Management LLC lowered its holdings in H&R Block, Inc. (NYSE:HRB) by 12.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,434 shares of the company’s stock after selling 10,909 shares during the quarter. O Shaughnessy Asset Management LLC owned 0.05% of H&R Block worth $3,880,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HRB. Endeavor Private Wealth Inc. bought a new stake in shares of H&R Block in the 4th quarter valued at approximately $27,000. Spire Wealth Management acquired a new position in H&R Block during the fourth quarter worth $28,000. Newbridge Financial Services Group Inc. bought a new position in shares of H&R Block during the fourth quarter valued at $29,000. GAMMA Investing LLC boosted its stake in shares of H&R Block by 64.5% in the 4th quarter. GAMMA Investing LLC now owns 658 shares of the company’s stock valued at $35,000 after purchasing an additional 258 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of H&R Block by 52.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 838 shares of the company’s stock worth $44,000 after purchasing an additional 289 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on HRB. Barrington Research restated an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a research report on Wednesday, February 5th. StockNews.com lowered H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.

H&R Block Stock Up 0.6 %

Shares of NYSE:HRB opened at $56.66 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 16.46. 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. H&R Block, Inc. has a 12 month low of $45.87 and a 12 month high of $68.45. The company’s 50-day moving average price is $53.35 and its two-hundred day moving average price is $56.71.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) EPS 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%. As a group, research analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 2.65%. The ex-dividend date is Tuesday, March 4th. H&R Block’s dividend payout ratio is 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.