Sei Investments Co. Purchases 34,089 Shares of H&R Block, Inc. (NYSE:HRB)

Sei Investments Co. increased its holdings in H&R Block, Inc. (NYSE:HRB) by 10.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 371,743 shares of the company’s stock after buying an additional 34,089 shares during the period. Sei Investments Co. owned 0.27% of H&R Block worth $19,643,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC boosted its position in shares of H&R Block by 14.6% during the 4th quarter. TD Private Client Wealth LLC now owns 6,961 shares of the company’s stock valued at $368,000 after acquiring an additional 885 shares during the last quarter. Blueshift Asset Management LLC purchased a new stake in H&R Block in the fourth quarter valued at approximately $903,000. Lindenwold Advisors INC lifted its position in H&R Block by 26.5% during the fourth quarter. Lindenwold Advisors INC now owns 6,985 shares of the company’s stock valued at $369,000 after purchasing an additional 1,462 shares during the last quarter. Xponance Inc. lifted its position in H&R Block by 4.2% during the fourth quarter. Xponance Inc. now owns 19,655 shares of the company’s stock valued at $1,039,000 after purchasing an additional 784 shares during the last quarter. Finally, Boston Partners grew its stake in H&R Block by 58.5% in the 4th quarter. Boston Partners now owns 4,500,552 shares of the company’s stock worth $237,814,000 after buying an additional 1,660,319 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

H&R Block Trading Down 0.3 %

HRB stock opened at $53.92 on Friday. The company has a market capitalization of $7.22 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.73 and a current ratio of 0.73. H&R Block, Inc. has a one year low of $45.87 and a one year high of $68.45. The company’s 50 day moving average price is $53.28 and its two-hundred day moving average price is $56.97.

H&R Block (NYSE:HRB) last issued its earnings results on Tuesday, February 4th. The company reported ($1.73) EPS for the quarter, missing analysts’ consensus estimates 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%. As a group, analysts predict that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, March 4th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 2.78%. The ex-dividend date is Tuesday, March 4th. H&R Block’s dividend payout ratio is presently 41.32%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com downgraded shares of H&R Block from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. Barrington Research reaffirmed an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research note on Wednesday, February 5th.

About H&R Block

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.