Bokf Na Has $688,000 Stake in H&R Block, Inc. (NYSE:HRB)

Bokf Na boosted its stake in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 2,100.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,831 shares of the company's stock after acquiring an additional 12,248 shares during the quarter. Bokf Na's holdings in H&R Block were worth $688,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of H&R Block by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 14,253,276 shares of the company's stock valued at $753,143,000 after buying an additional 35,945 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in H&R Block by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company's stock valued at $275,796,000 after acquiring an additional 282,633 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of H&R Block by 12.5% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,701,896 shares of the company's stock worth $248,448,000 after acquiring an additional 523,353 shares during the last quarter. Boston Partners lifted its position in shares of H&R Block by 58.5% during the fourth quarter. Boston Partners now owns 4,500,552 shares of the company's stock worth $237,814,000 after purchasing an additional 1,660,319 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of H&R Block by 21.1% during the fourth quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company's stock valued at $144,527,000 after purchasing an additional 476,892 shares during the last quarter. 90.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HRB has been the subject of several research reports. Barrington Research reissued an "outperform" rating and issued a $70.00 target price on shares of H&R Block in a research note on Friday, April 25th. The Goldman Sachs Group lifted their price objective on H&R Block from $49.00 to $54.00 and gave the stock a "sell" rating in a research report on Thursday. StockNews.com upgraded shares of H&R Block from a "hold" rating to a "buy" rating in a research report on Friday. Finally, Northcoast Research cut shares of H&R Block from a "buy" rating to a "neutral" rating in a research report on Friday, May 2nd.

H&R Block Stock Performance

Shares of HRB stock opened at $57.61 on Friday. The stock has a market cap of $7.71 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 0.80 and a beta of 0.28. The stock has a 50-day moving average of $56.81 and a 200-day moving average of $56.18. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.73 and a quick ratio of 0.73. H&R Block, Inc. has a one year low of $48.23 and a one year high of $68.45.

H&R Block (NYSE:HRB - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $5.38 EPS for the quarter, beating the consensus estimate of $5.12 by $0.26. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. H&R Block had a net margin of 14.71% and a negative return on equity of 179.15%. The business's quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.94 earnings per share. As a group, sell-side analysts expect 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, July 3rd. Shareholders of record on Wednesday, June 4th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $1.50 annualized dividend and a yield of 2.60%. H&R Block's dividend payout ratio is presently 41.32%.

Insider Buying and Selling at H&R Block

In other news, CEO Jeffrey J. Jones II sold 53,810 shares of the stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $63.28, for a total transaction of $3,405,096.80. Following the completion of the sale, the chief executive officer now owns 844,790 shares of the company's stock, valued at $53,458,311.20. This represents a 5.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.30% of the company's stock.

H&R Block Company 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.

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