10,941 Shares in H&R Block, Inc. (NYSE:HRB) Acquired by Natixis

Natixis acquired a new position in shares of H&R Block, Inc. (NYSE:HRB - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,941 shares of the company's stock, valued at approximately $578,000.

Several other hedge funds have also recently bought and sold shares of the stock. CIBC Asset Management Inc grew its holdings in shares of H&R Block by 5.5% during the fourth quarter. CIBC Asset Management Inc now owns 4,263 shares of the company's stock worth $225,000 after purchasing an additional 222 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of H&R Block by 26.8% during the fourth quarter. State of Alaska Department of Revenue now owns 58,628 shares of the company's stock worth $3,097,000 after purchasing an additional 12,390 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of H&R Block by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company's stock worth $275,796,000 after buying an additional 282,633 shares during the last quarter. Raymond James Financial Inc. acquired a new position in H&R Block in the fourth quarter valued at approximately $10,725,000. Finally, Martingale Asset Management L P lifted its holdings in H&R Block by 620.0% in the fourth quarter. Martingale Asset Management L P now owns 29,225 shares of the company's stock valued at $1,544,000 after buying an additional 25,166 shares during the period. 90.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at H&R Block

In other news, CEO Jeffrey J. Jones II sold 53,810 shares of the company's 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 transaction, the chief executive officer now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by insiders.

H&R Block Trading Down 1.1 %

Shares of H&R Block stock traded down $0.67 during trading hours on Wednesday, hitting $60.12. The company's stock had a trading volume of 165,265 shares, compared to its average volume of 1,359,671. H&R Block, Inc. has a 12 month low of $46.46 and a 12 month high of $68.45. The stock has a 50 day moving average of $55.65 and a 200 day moving average of $56.17. The company has a market capitalization of $8.05 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.80 and a beta of 0.39. 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 (NYSE:HRB - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share (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%. Analysts predict that H&R Block, Inc. will post 5.25 earnings per share for the current year.

H&R Block Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $1.50 annualized dividend and a dividend yield of 2.50%. H&R Block's dividend payout ratio is currently 41.32%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on HRB shares. Barrington Research restated an "outperform" rating and issued a $70.00 price objective on shares of H&R Block in a report on Friday, April 25th. StockNews.com lowered shares of H&R Block from a "buy" rating to a "hold" rating in a report on Thursday, February 13th.

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.