Toronto Dominion Bank boosted its position in H&R Block, Inc. (NYSE:HRB) by 12.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,222 shares of the company’s stock after acquiring an additional 9,043 shares during the quarter. Toronto Dominion Bank’s holdings in H&R Block were worth $2,098,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in H&R Block by 2.5% in the second quarter. Vanguard Group Inc. now owns 21,344,192 shares of the company’s stock valued at $659,749,000 after acquiring an additional 530,380 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in H&R Block by 2.6% in the third quarter. First Eagle Investment Management LLC now owns 6,302,315 shares of the company’s stock valued at $166,885,000 after acquiring an additional 157,794 shares during the last quarter. APG Asset Management N.V. boosted its holdings in H&R Block by 70.5% in the third quarter. APG Asset Management N.V. now owns 4,066,049 shares of the company’s stock valued at $107,669,000 after acquiring an additional 1,681,474 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in H&R Block by 247.1% in the second quarter. JPMorgan Chase & Co. now owns 3,065,584 shares of the company’s stock valued at $94,759,000 after acquiring an additional 2,182,306 shares during the last quarter. Finally, Schroder Investment Management Group boosted its holdings in H&R Block by 208.9% in the second quarter. Schroder Investment Management Group now owns 2,664,382 shares of the company’s stock valued at $82,277,000 after acquiring an additional 1,801,791 shares during the last quarter. Hedge funds and other institutional investors own 92.58% of the company’s stock.

HRB has been the topic of a number of recent research reports. BMO Capital Markets restated a “hold” rating and set a $27.00 price objective on shares of H&R Block in a research note on Friday, October 13th. BTIG Research restated a “sell” rating and set a $19.00 price objective on shares of H&R Block in a research note on Tuesday, August 29th. BidaskClub cut H&R Block from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research cut H&R Block from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st. Finally, Oppenheimer Holdings, Inc. restated a “market perform” rating on shares of H&R Block in a research note on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $26.67.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of international trademark and copyright laws. The correct version of this news story can be read at https://www.watchlistnews.com/hr-block-inc-hrb-shares-bought-by-toronto-dominion-bank/1721629.html.

Shares of H&R Block, Inc. (NYSE:HRB) opened at $25.85 on Thursday. H&R Block, Inc. has a 52-week low of $19.85 and a 52-week high of $31.80. The stock has a market capitalization of $5,347.75, a PE ratio of 12.92, a PEG ratio of 1.18 and a beta of 0.54. The company has a debt-to-equity ratio of -6.97, a quick ratio of 1.48 and a current ratio of 1.48.

H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, August 29th. The company reported ($0.62) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.62). H&R Block had a negative return on equity of 101.42% and a net margin of 13.19%. The business had revenue of $138.00 million for the quarter, compared to analyst estimates of $129.33 million. During the same period in the previous year, the company earned ($0.56) earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. research analysts predict that H&R Block, Inc. will post 1.98 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 4th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend is Friday, December 1st. H&R Block’s payout ratio is 49.48%.

About H&R Block

H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company 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, Australia and their respective territories.

Want to see what other hedge funds are holding HRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for H&R Block, Inc. (NYSE:HRB).

Institutional Ownership by Quarter for H&R Block (NYSE:HRB)

Receive News & Ratings for H&R Block Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Block Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.