Swiss National Bank Has $14.51 Million Holdings in H&R Block, Inc. (NYSE:HRB)

Swiss National Bank raised its stake in shares of H&R Block, Inc. (NYSE:HRB) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 274,500 shares of the company’s stock after purchasing an additional 2,200 shares during the quarter. Swiss National Bank owned 0.20% of H&R Block worth $14,505,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Boston Trust Walden Corp bought a new position in H&R Block during the fourth quarter valued at about $25,552,000. Pacer Advisors Inc. raised its stake in shares of H&R Block by 21.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company’s stock valued at $144,527,000 after purchasing an additional 476,892 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in H&R Block by 5.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company’s stock worth $275,796,000 after purchasing an additional 282,633 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in H&R Block by 105.7% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 473,112 shares of the company’s stock worth $24,999,000 after buying an additional 243,100 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in H&R Block in the 4th quarter valued at $10,725,000. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Stock Performance

H&R Block stock opened at $52.85 on Thursday. H&R Block, Inc. has a 52-week low of $45.87 and a 52-week high of $68.45. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a fifty day moving average price of $53.48 and a two-hundred day moving average price of $57.35. The firm has a market capitalization of $7.07 billion, a P/E ratio of 14.56, a P/E/G ratio of 0.80 and a beta of 0.65.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (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, analysts anticipate that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $1.50 dividend on an annualized basis and a yield of 2.84%. H&R Block’s dividend payout ratio (DPR) is presently 41.32%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HRB shares. StockNews.com lowered shares of H&R Block from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. Barrington Research restated an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research note on Wednesday, February 5th.

About H&R Block

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.