Choreo LLC Sells 1,549 Shares of Service Co. International (NYSE:SCI)

Choreo LLC reduced its holdings in shares of Service Co. International (NYSE:SCI) by 33.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,069 shares of the company’s stock after selling 1,549 shares during the quarter. Choreo LLC’s holdings in Service Co. International were worth $246,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. M&T Bank Corp increased its holdings in Service Co. International by 1.1% in the 3rd quarter. M&T Bank Corp now owns 11,248 shares of the company’s stock worth $888,000 after acquiring an additional 123 shares during the last quarter. Moloney Securities Asset Management LLC boosted its position in Service Co. International by 1.4% during the third quarter. Moloney Securities Asset Management LLC now owns 13,582 shares of the company’s stock worth $1,072,000 after purchasing an additional 182 shares during the period. QRG Capital Management Inc. boosted its position in Service Co. International by 4.2% during the third quarter. QRG Capital Management Inc. now owns 5,396 shares of the company’s stock worth $426,000 after purchasing an additional 217 shares during the period. Blue Trust Inc. increased its stake in shares of Service Co. International by 20.1% in the fourth quarter. Blue Trust Inc. now owns 1,397 shares of the company’s stock worth $110,000 after purchasing an additional 234 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Service Co. International by 36.8% in the third quarter. Farther Finance Advisors LLC now owns 926 shares of the company’s stock valued at $73,000 after purchasing an additional 249 shares during the period. 85.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on SCI. Oppenheimer upped their price target on shares of Service Co. International from $86.00 to $92.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Raymond James raised their price target on Service Co. International from $80.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Truist Financial boosted their price objective on Service Co. International from $84.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, StockNews.com downgraded Service Co. International from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $88.50.

Insider Activity at Service Co. International

In other Service Co. International news, VP Elisabeth G. Nash sold 56,100 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $86.13, for a total transaction of $4,831,893.00. Following the sale, the vice president now owns 109,260 shares in the company, valued at $9,410,563.80. This trade represents a 33.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Tony Coelho sold 2,555 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $85.64, for a total value of $218,810.20. Following the completion of the transaction, the director now owns 53,324 shares of the company’s stock, valued at $4,566,667.36. The trade was a 4.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 108,655 shares of company stock valued at $9,356,203 over the last three months. 5.10% of the stock is owned by corporate insiders.

Service Co. International Trading Down 5.3 %

Service Co. International stock opened at $77.13 on Friday. The company has a debt-to-equity ratio of 2.91, a quick ratio of 0.48 and a current ratio of 0.52. Service Co. International has a fifty-two week low of $67.19 and a fifty-two week high of $89.37. The stock has a market cap of $11.15 billion, a P/E ratio of 22.42, a PEG ratio of 2.01 and a beta of 0.87. The firm’s fifty day moving average price is $79.57 and its 200-day moving average price is $79.55.

Service Co. International (NYSE:SCI) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.06 earnings per share for the quarter, meeting the consensus estimate of $1.06. Service Co. International had a return on equity of 31.84% and a net margin of 12.19%. Equities research analysts forecast that Service Co. International will post 3.51 earnings per share for the current fiscal year.

Service Co. International Profile

Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery segments. The Funeral segment offers services related to cremations, including the use of home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, memorialization, and catering.