Pinebridge Investments L.P. grew its holdings in H&R Block, Inc. (NYSE:HRB) by 128.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,431 shares of the company’s stock after purchasing an additional 4,738 shares during the period. Pinebridge Investments L.P.’s holdings in H&R Block were worth $223,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of H&R Block by 2.5% during the 2nd 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 in the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of H&R Block by 2.6% during the 3rd 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 in the last quarter. APG Asset Management N.V. boosted its holdings in shares of H&R Block by 70.5% during the 3rd 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 in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of H&R Block by 247.1% during the 2nd 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 in the last quarter. Finally, Schroder Investment Management Group boosted its holdings in shares of H&R Block by 8.5% during the 3rd quarter. Schroder Investment Management Group now owns 2,891,297 shares of the company’s stock valued at $78,759,000 after acquiring an additional 226,915 shares in the last quarter. Institutional investors own 95.51% of the company’s stock.

Several equities research analysts recently weighed in on the company. BidaskClub raised H&R Block from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. BMO Capital Markets reaffirmed a “market perform” rating and set a $30.00 target price on shares of H&R Block in a report on Thursday, December 7th. Oppenheimer reaffirmed a “hold” rating on shares of H&R Block in a report on Thursday, December 7th. Zacks Investment Research downgraded H&R Block from a “hold” rating to a “sell” rating in a report on Friday, December 8th. Finally, ValuEngine raised H&R Block from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. H&R Block has a consensus rating of “Hold” and a consensus target price of $27.60.

Shares of H&R Block, Inc. (HRB) traded up $0.04 on Wednesday, reaching $27.54. The company’s stock had a trading volume of 2,337,600 shares, compared to its average volume of 3,091,464. The firm has a market cap of $5,749.40, a P/E ratio of 14.18, a PEG ratio of 1.28 and a beta of 0.56. H&R Block, Inc. has a 52-week low of $19.85 and a 52-week high of $31.80. The company has a debt-to-equity ratio of -3.62, a current ratio of 1.13 and a quick ratio of 1.13.

H&R Block (NYSE:HRB) last announced its earnings results on Wednesday, December 6th. The company reported ($0.71) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.72) by $0.01. The firm had revenue of $140.85 million for the quarter, compared to the consensus estimate of $131.24 million. H&R Block had a negative return on equity of 110.06% and a net margin of 12.90%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.67) EPS. equities research analysts forecast that H&R Block, Inc. will post 1.95 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 4th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, December 1st. H&R Block’s dividend payout ratio is 51.06%.

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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.

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

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