Service Co. International (NYSE:SCI) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in Service Co. International (NYSE:SCI) by 64.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,163 shares of the company’s stock after purchasing an additional 455 shares during the quarter. Blue Trust Inc.’s holdings in Service Co. International were worth $92,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SCI. nVerses Capital LLC boosted its holdings in shares of Service Co. International by 100.0% in the 2nd quarter. nVerses Capital LLC now owns 400 shares of the company’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. Whittier Trust Co. boosted its stake in Service Co. International by 406.5% in the first quarter. Whittier Trust Co. now owns 542 shares of the company’s stock valued at $40,000 after acquiring an additional 435 shares in the last quarter. Quarry LP grew its holdings in shares of Service Co. International by 258.6% during the second quarter. Quarry LP now owns 789 shares of the company’s stock worth $56,000 after purchasing an additional 569 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in shares of Service Co. International during the first quarter worth about $65,000. Finally, Fidelis Capital Partners LLC purchased a new stake in shares of Service Co. International in the 1st quarter valued at about $86,000. 85.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Service Co. International

In other news, Director Ellen Ochoa sold 2,642 shares of Service Co. International stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $76.41, for a total value of $201,875.22. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Service Co. International news, Director Ellen Ochoa sold 2,642 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total value of $201,875.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Thomas L. Ryan sold 80,638 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $73.97, for a total transaction of $5,964,792.86. Following the completion of the sale, the chief executive officer now owns 988,365 shares of the company’s stock, valued at $73,109,359.05. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Service Co. International from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.

Service Co. International Trading Up 0.3 %

Shares of Service Co. International stock opened at $76.46 on Wednesday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.51 and a current ratio of 0.55. The company has a market capitalization of $11.13 billion, a P/E ratio of 21.97, a PEG ratio of 2.17 and a beta of 0.84. Service Co. International has a 1 year low of $52.89 and a 1 year high of $81.32. The company’s fifty day moving average is $77.43 and its two-hundred day moving average is $73.91.

Service Co. International (NYSE:SCI) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.07). Service Co. International had a net margin of 12.32% and a return on equity of 32.07%. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm earned $0.83 EPS. The business’s revenue was up 2.0% on a year-over-year basis. Analysts forecast that Service Co. International will post 3.52 earnings per share for the current year.

Service Co. International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.57%. The ex-dividend date was Friday, September 13th. Service Co. International’s dividend payout ratio (DPR) is presently 34.48%.

Service Co. International Company Profile

Service Corporation International provides deathcare products and services in the United States and Canada. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services.