H & R Block Inc (NYSE:HRB) reached a new 52-week low on Thursday . The company traded as low as $22.86 and last traded at $22.91, with a volume of 2341262 shares. The stock had previously closed at $23.39.

A number of analysts recently issued reports on HRB shares. TheStreet downgraded H & R Block from a “b” rating to a “c+” rating in a research report on Wednesday, August 28th. ValuEngine upgraded shares of H & R Block from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. Barrington Research reaffirmed a “buy” rating and issued a $30.00 target price on shares of H & R Block in a research report on Monday. Morgan Stanley lowered their target price on shares of H & R Block from $29.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, August 29th. Finally, Jefferies Financial Group initiated coverage on shares of H & R Block in a research report on Wednesday, November 27th. They set a “hold” rating and a $28.00 price target for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. H & R Block has a consensus rating of “Hold” and a consensus price target of $27.20.

The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 10.72, a P/E/G ratio of 1.21 and a beta of 0.22. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 6.14. The company’s fifty day moving average is $24.49 and its two-hundred day moving average is $26.01.

H & R Block (NYSE:HRB) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.85) EPS for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.07. H & R Block had a return on equity of 305.29% and a net margin of 13.71%. The company had revenue of $161.00 million for the quarter, compared to analysts’ expectations of $162.90 million. During the same period in the prior year, the firm earned ($0.83) earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. Analysts predict that H & R Block Inc will post 2.02 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Monday, December 9th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.52%. H & R Block’s payout ratio is presently 48.37%.

Several hedge funds have recently bought and sold shares of HRB. State Street Corp boosted its holdings in H & R Block by 13.7% during the 3rd quarter. State Street Corp now owns 13,013,829 shares of the company’s stock valued at $310,659,000 after acquiring an additional 1,566,660 shares during the period. Jupiter Asset Management Ltd. boosted its stake in shares of H & R Block by 3.6% in the second quarter. Jupiter Asset Management Ltd. now owns 5,179,708 shares of the company’s stock valued at $151,765,000 after purchasing an additional 182,078 shares during the period. Northern Trust Corp boosted its stake in shares of H & R Block by 0.7% in the second quarter. Northern Trust Corp now owns 4,274,017 shares of the company’s stock valued at $125,229,000 after purchasing an additional 28,071 shares during the period. Unigestion Holding SA boosted its stake in shares of H & R Block by 130.7% in the third quarter. Unigestion Holding SA now owns 3,405,230 shares of the company’s stock valued at $80,431,000 after purchasing an additional 1,929,344 shares during the period. Finally, AustralianSuper Pty Ltd grew its holdings in shares of H & R Block by 49.7% in the second quarter. AustralianSuper Pty Ltd now owns 3,129,194 shares of the company’s stock valued at $91,685,000 after purchasing an additional 1,038,515 shares in the last quarter.

H & R Block Company Profile (NYSE:HRB)

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

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