Schroder Investment Management Group Has $10.08 Million Holdings in H&R Block, Inc. (NYSE:HRB)

Schroder Investment Management Group trimmed its position in shares of H&R Block, Inc. (NYSE:HRB) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 193,339 shares of the company’s stock after selling 12,005 shares during the period. Schroder Investment Management Group owned 0.14% of H&R Block worth $10,081,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its stake in H&R Block by 31.0% in the third quarter. Captrust Financial Advisors now owns 11,169 shares of the company’s stock valued at $710,000 after buying an additional 2,645 shares during the period. Verition Fund Management LLC increased its holdings in shares of H&R Block by 170.4% during the 3rd quarter. Verition Fund Management LLC now owns 24,580 shares of the company’s stock worth $1,562,000 after acquiring an additional 15,489 shares during the last quarter. Paloma Partners Management Co acquired a new position in shares of H&R Block during the 3rd quarter worth approximately $204,000. Hilltop Holdings Inc. bought a new stake in H&R Block in the 3rd quarter valued at $393,000. Finally, HighTower Advisors LLC lifted its holdings in H&R Block by 18.5% during the 3rd quarter. HighTower Advisors LLC now owns 17,982 shares of the company’s stock valued at $1,147,000 after purchasing an additional 2,803 shares during the last quarter. 90.14% of the stock is owned by institutional investors.

H&R Block Stock Performance

Shares of NYSE HRB opened at $55.64 on Friday. 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 firm has a market cap of $7.45 billion, a price-to-earnings ratio of 15.33, a P/E/G ratio of 0.80 and a beta of 0.65. The stock’s fifty day moving average price is $53.50 and its two-hundred day moving average price is $56.66. H&R Block, Inc. has a one year low of $45.87 and a one year high of $68.45.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) 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%. On average, equities analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend was Tuesday, March 4th. H&R Block’s dividend payout ratio is currently 41.32%.

Analyst Upgrades and Downgrades

HRB has been the topic of several research analyst reports. 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 objective on shares of H&R Block in a research report on Wednesday, February 5th.

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.