UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $43.45 Million Stock Holdings in H&R Block, Inc. (NYSE:HRB)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in H&R Block, Inc. (NYSE:HRB - Free Report) by 17.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 822,378 shares of the company's stock after buying an additional 124,277 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.60% of H&R Block worth $43,454,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HRB. Spire Wealth Management bought a new stake in shares of 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. SBI Securities Co. Ltd. acquired a new stake in shares of H&R Block in the fourth quarter valued at about $46,000. Geneos Wealth Management Inc. acquired a new stake in shares of H&R Block in the fourth quarter valued at about $75,000. Finally, Harbour Investments Inc. increased its position in shares of H&R Block by 1,552.2% in the fourth quarter. Harbour Investments Inc. now owns 1,520 shares of the company's stock valued at $80,000 after acquiring an additional 1,428 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors.

H&R Block Trading Down 0.0%

NYSE:HRB traded down $0.03 during trading hours on Friday, hitting $56.80. 191,717 shares of the company were exchanged, compared to its average volume of 1,376,256. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 0.80 and a beta of 0.28. 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, Inc. has a one year low of $48.78 and a one year high of $68.45. The company has a fifty day simple moving average of $58.15 and a 200 day simple moving average of $55.87.

H&R Block (NYSE:HRB - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.26. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. H&R Block had a negative return on equity of 179.15% and a net margin of 14.71%. H&R Block's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the company earned $4.94 EPS. Sell-side analysts expect that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 2.64%. H&R Block's payout ratio is currently 36.76%.

Wall Street Analyst Weigh In

HRB has been the topic of a number of recent research reports. Northcoast Research downgraded H&R Block from a "buy" rating to a "neutral" rating in a research report on Friday, May 2nd. Wall Street Zen upgraded H&R Block from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Barrington Research reiterated an "outperform" rating and issued a $70.00 price target on shares of H&R Block in a research note on Friday, April 25th. Finally, The Goldman Sachs Group upped their target price on H&R Block from $49.00 to $54.00 and gave the stock a "sell" rating in a research note on Thursday, May 8th.

Insiders Place Their Bets

In other H&R Block news, CEO Jeffrey J. Jones II sold 53,810 shares of the stock in a transaction dated Wednesday, April 16th. The stock was 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 directly owns 844,790 shares in the company, valued at approximately $53,458,311.20. This trade represents a 5.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company's stock.

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.