Voya Investment Management LLC Acquires 7,171 Shares of H&R Block, Inc. (NYSE:HRB)

Voya Investment Management LLC boosted its stake in shares of H&R Block, Inc. (NYSE:HRB - Free Report) by 2.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 337,931 shares of the company's stock after buying an additional 7,171 shares during the period. Voya Investment Management LLC owned approximately 0.25% of H&R Block worth $17,856,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of HRB. World Investment Advisors LLC bought a new stake in H&R Block in the 3rd quarter valued at $201,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of H&R Block in the 3rd quarter valued at about $169,000. Tidal Investments LLC lifted its holdings in shares of H&R Block by 70.1% in the third quarter. Tidal Investments LLC now owns 19,495 shares of the company's stock valued at $1,239,000 after purchasing an additional 8,036 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of H&R Block by 29.7% during the third quarter. Franklin Resources Inc. now owns 250,280 shares of the company's stock worth $15,179,000 after buying an additional 57,311 shares during the period. Finally, DGS Capital Management LLC grew its holdings in shares of H&R Block by 7.5% during the third quarter. DGS Capital Management LLC now owns 4,251 shares of the company's stock worth $270,000 after buying an additional 298 shares in the last quarter. Institutional investors own 90.14% of the company's stock.

Analyst Ratings Changes

HRB has been the topic of several research reports. Barrington Research restated an "outperform" rating and issued a $70.00 target price on shares of H&R Block in a research note on Friday. StockNews.com lowered shares of H&R Block from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th.

H&R Block Price Performance

NYSE:HRB opened at $59.78 on Monday. H&R Block, Inc. has a 52-week low of $46.46 and a 52-week high of $68.45. The company has a market cap of $8.00 billion, a P/E ratio of 16.47, a P/E/G ratio of 0.80 and a beta of 0.39. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.73 and a current ratio of 0.73. The stock's 50-day simple moving average is $55.32 and its 200 day simple moving average is $56.14.

H&R Block (NYSE:HRB - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share 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%. As a group, sell-side analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, March 4th were paid a $0.375 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $1.50 annualized dividend and a yield of 2.51%. H&R Block's dividend payout ratio is 41.32%.

Insider Transactions at H&R Block

In other H&R Block news, CEO Jeffrey J. Jones II sold 53,810 shares of the company's stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $63.28, for a total value of $3,405,096.80. Following the transaction, the chief executive officer now directly owns 844,790 shares in the company, valued at $53,458,311.20. The trade was a 5.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

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.

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