21,783 Shares in H&R Block, Inc. (NYSE:HRB) Purchased by Jennison Associates LLC

Jennison Associates LLC acquired a new position in H&R Block, Inc. (NYSE:HRB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,783 shares of the company’s stock, valued at approximately $577,000.

Several other hedge funds have also bought and sold shares of the company. Candriam Luxembourg S.C.A. raised its position in shares of H&R Block by 7.2% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 41,324 shares of the company’s stock worth $1,094,000 after acquiring an additional 2,777 shares in the last quarter. Bessemer Group Inc. bought a new stake in H&R Block during the 3rd quarter worth approximately $1,896,000. Swiss National Bank increased its holdings in H&R Block by 1.1% during the 3rd quarter. Swiss National Bank now owns 761,566 shares of the company’s stock worth $20,166,000 after purchasing an additional 8,100 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of H&R Block by 94.4% in the 3rd quarter. American Century Companies Inc. now owns 2,316,675 shares of the company’s stock worth $61,346,000 after buying an additional 1,124,910 shares during the last quarter. Finally, Old Mutual Global Investors UK Ltd. purchased a new position in shares of H&R Block in the 3rd quarter worth approximately $3,816,000. 95.21% of the stock is owned by hedge funds and other institutional investors.

HRB has been the topic of a number of research analyst reports. BMO Capital Markets restated a “hold” rating and issued a $27.00 target price on shares of H&R Block in a research note on Friday, October 13th. BTIG Research reiterated a “sell” rating and issued a $19.00 price objective on shares of H&R Block in a research note on Tuesday, August 29th. Zacks Investment Research downgraded H&R Block from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. Oppenheimer restated a “market perform” rating on shares of H&R Block in a research report on Thursday, August 31st. Finally, ValuEngine raised shares of H&R Block from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $26.67.

Shares of H&R Block, Inc. (NYSE:HRB) traded up $2.70 during trading hours on Wednesday, hitting $28.99. The stock had a trading volume of 6,813,584 shares, compared to its average volume of 3,068,277. H&R Block, Inc. has a 52-week low of $19.85 and a 52-week high of $31.80. The company has a market capitalization of $5,487.83, a PE ratio of 13.26, a P/E/G ratio of 1.21 and a beta of 0.56. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of -6.97.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 4th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.31%. H&R Block’s dividend payout ratio (DPR) is currently 49.48%.

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About H&R Block

H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.

Institutional Ownership by Quarter for H&R Block (NYSE:HRB)

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