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Wedge Capital Management L L P NC decreased its holdings in H&R Block, Inc. by 64.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 31,177 shares of the company’s stock after selling 56,534 shares during the period, worth $1,342,000. The stock’s 50 day moving average is $44.75 and its two-hundred day moving average is $39.50. H&R Block, Inc. has a 52-week low of $28.83 and a 52-week high of $48.22. The company reported ($1.05) earnings per share for the quarter, with a net margin of 16.07% and a negative return on equity of 244.61%. The company also declared a quarterly dividend of $0.32 per share. A number of research firms have recently issued reports on HRB, with StockNews.com upgrading shares of H&R Block from a “hold” rating to a “buy” rating. H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. Insiders own 1.20% of the company’s stock.



Original: Wedge Capital Management L L P NC Cuts Position in H&R Block, Inc. (NYSE:HRB)