Caisse DE Depot ET Placement DU Quebec Has $2.76 Million Stock Holdings in H&R Block, Inc. (NYSE:HRB)

Caisse DE Depot ET Placement DU Quebec decreased its stake in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 36.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 52,170 shares of the company's stock after selling 30,430 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in H&R Block were worth $2,757,000 as of its most recent filing with the SEC.

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

H&R Block Price Performance

Shares of NYSE:HRB traded up $0.47 on Wednesday, hitting $61.67. The stock had a trading volume of 1,912,834 shares, compared to its average volume of 1,381,069. The firm's 50 day moving average price is $56.61 and its 200-day moving average price is $56.22. 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 twelve month low of $48.23 and a twelve month high of $68.45. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 0.80 and a beta of 0.28.

H&R Block (NYSE:HRB - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $5.38 EPS for the quarter, beating analysts' consensus estimates of $5.12 by $0.26. H&R Block had a net margin of 14.71% and a negative return on equity of 179.15%. During the same period last year, the firm earned $4.94 EPS. The business's revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities research analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 4th will be given a $0.375 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $1.50 annualized dividend and a yield of 2.43%. H&R Block's payout ratio is 41.32%.

Insiders Place Their Bets

In other news, CEO Jeffrey J. Jones II sold 53,810 shares of the company's stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 844,790 shares in the company, valued at approximately $53,458,311.20. This represents a 5.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.30% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HRB shares. Barrington Research restated an "outperform" rating and issued a $70.00 price objective on shares of H&R Block in a research note on Friday, April 25th. StockNews.com cut shares of H&R Block from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th. Finally, Northcoast Research lowered H&R Block from a "buy" rating to a "neutral" rating in a research note on Friday, May 2nd.

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.