3,165 Shares in H&R Block, Inc. (NYSE:HRB) Acquired by World Investment Advisors LLC

World Investment Advisors LLC purchased a new stake in shares of H&R Block, Inc. (NYSE:HRB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,165 shares of the company’s stock, valued at approximately $201,000.

Other large investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in shares of H&R Block by 5.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,936,829 shares of the company’s stock valued at $313,735,000 after purchasing an additional 255,354 shares during the period. Pacer Advisors Inc. increased its stake in H&R Block by 52.2% in the 2nd quarter. Pacer Advisors Inc. now owns 2,738,190 shares of the company’s stock worth $148,492,000 after buying an additional 939,270 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in H&R Block by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,484,417 shares of the company’s stock valued at $134,726,000 after acquiring an additional 23,792 shares during the period. AQR Capital Management LLC raised its holdings in H&R Block by 39.7% during the second quarter. AQR Capital Management LLC now owns 2,131,451 shares of the company’s stock valued at $115,418,000 after acquiring an additional 606,250 shares during the period. Finally, Wedge Capital Management L L P NC lifted its position in shares of H&R Block by 1,630.9% in the third quarter. Wedge Capital Management L L P NC now owns 777,264 shares of the company’s stock valued at $49,395,000 after acquiring an additional 732,359 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company’s stock.

H&R Block Stock Performance

HRB opened at $53.89 on Friday. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 0.86 and a beta of 0.66. The company has a fifty day moving average of $58.95 and a 200 day moving average of $58.45. H&R Block, Inc. has a fifty-two week low of $42.28 and a fifty-two week high of $68.45.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($1.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.13) by ($0.04). H&R Block had a net margin of 16.19% and a negative return on equity of 212.45%. The firm had revenue of $193.81 million for the quarter, compared to analysts’ expectations of $188.78 million. During the same quarter in the previous year, the business earned ($1.05) EPS. As a group, sell-side analysts forecast that H&R Block, Inc. will post 5.27 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Thursday, December 5th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Thursday, December 5th. H&R Block’s payout ratio is 36.59%.

Analyst Ratings Changes

Separately, Barrington Research reiterated an “outperform” rating and set a $70.00 target price on shares of H&R Block in a research report on Friday, November 8th.

About H&R Block

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