H&R Block, Inc. (NYSE:HRB) Stock Position Decreased by Quent Capital LLC

Quent Capital LLC cut its stake in shares of H&R Block, Inc. (NYSE:HRB) by 97.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 566 shares of the company’s stock after selling 22,490 shares during the quarter. Quent Capital LLC’s holdings in H&R Block were worth $30,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HRB. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of H&R Block during the 3rd quarter worth $35,000. Creative Planning boosted its stake in shares of H&R Block by 86.6% during the 3rd quarter. Creative Planning now owns 86,175 shares of the company’s stock worth $5,476,000 after acquiring an additional 39,990 shares in the last quarter. Swedbank AB boosted its stake in shares of H&R Block by 32.1% during the 3rd quarter. Swedbank AB now owns 285,382 shares of the company’s stock worth $18,136,000 after acquiring an additional 69,414 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of H&R Block during the 3rd quarter worth $394,000. Finally, Blue Trust Inc. boosted its stake in shares of H&R Block by 28.6% during the 3rd quarter. Blue Trust Inc. now owns 5,482 shares of the company’s stock worth $348,000 after acquiring an additional 1,219 shares in the last quarter. 90.14% of the stock is owned by institutional investors.

H&R Block Price Performance

HRB opened at $52.36 on Friday. The stock has a fifty day moving average of $54.25 and a 200-day moving average of $58.56. The firm has a market capitalization of $7.01 billion, a P/E ratio of 14.42, a PEG ratio of 0.82 and a beta of 0.69. H&R Block, Inc. has a 12-month low of $45.64 and a 12-month high of $68.45. The company has a quick ratio of 0.77, a current ratio of 0.73 and a debt-to-equity ratio of 16.46.

H&R Block (NYSE:HRB) last released its earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. Equities analysts forecast that H&R Block, Inc. will post 5.27 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $1.50 annualized dividend and a dividend yield of 2.87%. H&R Block’s dividend payout ratio is 41.32%.

Wall Street Analyst Weigh In

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

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.