Dupont Capital Management Corp decreased its holdings in shares of H & R Block Inc (NYSE:HRB) by 47.8% during the third quarter, Holdings Channel.com reports. The fund owned 4,021 shares of the company’s stock after selling 3,680 shares during the period. Dupont Capital Management Corp’s holdings in H & R Block were worth $95,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Meadow Creek Investment Management LLC grew its stake in shares of H & R Block by 90.4% during the second quarter. Meadow Creek Investment Management LLC now owns 34,100 shares of the company’s stock worth $999,000 after acquiring an additional 16,192 shares during the last quarter. Nuveen Asset Management LLC grew its stake in shares of H & R Block by 66.0% during the second quarter. Nuveen Asset Management LLC now owns 2,000,152 shares of the company’s stock worth $58,605,000 after acquiring an additional 795,172 shares during the last quarter. Westpac Banking Corp grew its stake in shares of H & R Block by 23.3% during the second quarter. Westpac Banking Corp now owns 27,513 shares of the company’s stock worth $806,000 after acquiring an additional 5,200 shares during the last quarter. ARP Americas LP grew its stake in shares of H & R Block by 75.0% during the second quarter. ARP Americas LP now owns 29,400 shares of the company’s stock worth $861,000 after acquiring an additional 12,600 shares during the last quarter. Finally, Taylor Hoffman Wealth Management grew its stake in shares of H & R Block by 14.3% during the second quarter. Taylor Hoffman Wealth Management now owns 38,831 shares of the company’s stock worth $1,138,000 after acquiring an additional 4,849 shares during the last quarter.

A number of brokerages have recently weighed in on HRB. TheStreet lowered H & R Block from a “b” rating to a “c+” rating in a research note on Wednesday, August 28th. Morgan Stanley dropped their price target on H & R Block from $29.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 29th. Barrington Research dropped their price target on H & R Block from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Finally, ValuEngine upgraded H & R Block from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $27.00.

Shares of HRB stock opened at $24.42 on Friday. H & R Block Inc has a fifty-two week low of $22.96 and a fifty-two week high of $29.62. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 1.26 and a beta of 0.24. The company has a debt-to-equity ratio of 6.14, a quick ratio of 1.29 and a current ratio of 1.29. The stock’s 50-day simple moving average is $23.99 and its 200-day simple moving average is $26.31.

H & R Block (NYSE:HRB) last issued its earnings results on Wednesday, August 28th. The company reported ($0.72) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.75) by $0.03. The firm had revenue of $150.00 million for the quarter, compared to analyst estimates of $151.35 million. H & R Block had a return on equity of 305.29% and a net margin of 13.71%. H & R Block’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.72) earnings per share. As a group, equities analysts forecast that H & R Block Inc will post 1.99 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 9th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 4.26%. H & R Block’s dividend payout ratio is currently 48.37%.

H & R Block Profile

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

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