TD Private Client Wealth LLC Has $386,000 Stock Holdings in H&R Block, Inc. (NYSE:HRB)

TD Private Client Wealth LLC increased its stake in shares of H&R Block, Inc. (NYSE:HRB) by 38.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,076 shares of the company’s stock after buying an additional 1,695 shares during the period. TD Private Client Wealth LLC’s holdings in H&R Block were worth $386,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. lifted its position in shares of H&R Block by 4.2% during the third quarter. Coldstream Capital Management Inc. now owns 4,878 shares of the company’s stock worth $309,000 after purchasing an additional 198 shares in the last quarter. Rockland Trust Co. raised its position in H&R Block by 1.2% in the 3rd quarter. Rockland Trust Co. now owns 16,866 shares of the company’s stock worth $1,072,000 after purchasing an additional 200 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in H&R Block by 5.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 4,245 shares of the company’s stock worth $270,000 after buying an additional 221 shares in the last quarter. Bank of Montreal Can increased its stake in shares of H&R Block by 1.0% in the 2nd quarter. Bank of Montreal Can now owns 24,467 shares of the company’s stock valued at $1,327,000 after buying an additional 251 shares during the period. Finally, Axiom Advisory LLC increased its stake in shares of H&R Block by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 18,048 shares of the company’s stock valued at $1,076,000 after buying an additional 282 shares during the period. Institutional investors own 90.14% of the company’s stock.

Analyst Ratings Changes

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

H&R Block Trading Down 0.9 %

Shares of NYSE HRB opened at $55.50 on Friday. The company’s 50 day simple moving average is $59.53 and its 200 day simple moving average is $58.37. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.77 and a quick ratio of 0.77. H&R Block, Inc. has a fifty-two week low of $42.28 and a fifty-two week high of $68.45. The firm has a market capitalization of $7.61 billion, a P/E ratio of 13.54, a P/E/G ratio of 0.86 and a beta of 0.66.

H&R Block (NYSE:HRB) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($1.17) EPS for the quarter, missing analysts’ consensus estimates of ($1.13) by ($0.04). H&R Block had a negative return on equity of 212.45% and a net margin of 16.19%. The company had revenue of $193.81 million for the quarter, compared to analyst estimates of $188.78 million. During the same period last year, the firm earned ($1.05) earnings per share. On average, analysts predict that H&R Block, Inc. will post 5.27 EPS for the current year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Thursday, December 5th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.70%. H&R Block’s dividend payout ratio (DPR) is presently 36.59%.

Insider Buying and Selling

In other H&R Block news, VP Kellie J. Logerwell sold 8,000 shares of H&R Block stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $64.41, for a total transaction of $515,280.00. Following the transaction, the vice president now directly owns 18,474 shares in the company, valued at approximately $1,189,910.34. The trade was a 30.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is owned by insiders.

H&R Block Company Profile

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.