Keybank National Association OH Sells 1,753 Shares of H&R Block, Inc. (NYSE:HRB)

Keybank National Association OH cut its position in H&R Block, Inc. (NYSE:HRB) by 18.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,840 shares of the company’s stock after selling 1,753 shares during the quarter. Keybank National Association OH’s holdings in H&R Block were worth $414,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Endeavor Private Wealth Inc. bought a new position in H&R Block in the fourth quarter valued at about $27,000. Spire Wealth Management bought a new position in H&R Block in the fourth quarter valued at about $28,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of H&R Block in the fourth quarter valued at about $29,000. Darwin Wealth Management LLC acquired a new stake in shares of H&R Block in the third quarter valued at about $34,000. Finally, GAMMA Investing LLC increased its stake in shares of H&R Block by 64.5% in the fourth quarter. GAMMA Investing LLC now owns 658 shares of the company’s stock valued at $35,000 after buying an additional 258 shares during the period. 90.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HRB shares. StockNews.com cut H&R Block from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Barrington Research reissued an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a research note on Wednesday, February 5th.

H&R Block Trading Up 4.6 %

Shares of HRB stock opened at $55.52 on Monday. The stock has a 50-day moving average of $53.66 and a 200-day moving average of $57.97. H&R Block, Inc. has a 1-year low of $45.87 and a 1-year high of $68.45. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 15.30, a PEG ratio of 0.80 and a beta of 0.65. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 16.46.

H&R Block (NYSE:HRB) last released its 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 negative return on equity of 179.15% and a net margin of 14.71%. On average, equities research analysts forecast that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Dividend Announcement

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

H&R Block 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.