1,012 Shares in Service Co. International (NYSE:SCI) Bought by Capital Performance Advisors LLP

Capital Performance Advisors LLP bought a new stake in Service Co. International (NYSE:SCI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,012 shares of the company’s stock, valued at approximately $80,000.

Other large investors also recently modified their holdings of the company. Inspire Investing LLC grew its position in shares of Service Co. International by 3.1% in the 2nd quarter. Inspire Investing LLC now owns 4,969 shares of the company’s stock valued at $353,000 after purchasing an additional 148 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Service Co. International by 14.0% in the second quarter. Fifth Third Bancorp now owns 1,226 shares of the company’s stock valued at $87,000 after buying an additional 151 shares during the period. UMB Bank n.a. boosted its holdings in shares of Service Co. International by 7.8% in the third quarter. UMB Bank n.a. now owns 2,167 shares of the company’s stock valued at $171,000 after buying an additional 156 shares during the period. Larson Financial Group LLC raised its holdings in shares of Service Co. International by 5.6% during the second quarter. Larson Financial Group LLC now owns 3,020 shares of the company’s stock worth $215,000 after acquiring an additional 159 shares during the period. Finally, HB Wealth Management LLC raised its holdings in shares of Service Co. International by 3.5% during the second quarter. HB Wealth Management LLC now owns 4,894 shares of the company’s stock worth $348,000 after acquiring an additional 165 shares during the period. 85.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Service Co. International

In other news, Director Ellen Ochoa sold 2,642 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $76.41, for a total transaction of $201,875.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 5.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SCI shares. Truist Financial increased their target price on Service Co. International from $84.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Raymond James lifted their target price on Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, StockNews.com downgraded Service Co. International from a “hold” rating to a “sell” rating in a research report on Friday. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Service Co. International presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.25.

Service Co. International Trading Up 1.2 %

Service Co. International stock opened at $86.97 on Friday. The company has a debt-to-equity ratio of 2.91, a current ratio of 0.52 and a quick ratio of 0.48. The firm has a 50-day moving average of $78.36 and a 200-day moving average of $74.67. The company has a market cap of $12.58 billion, a price-to-earnings ratio of 25.28, a P/E/G ratio of 2.54 and a beta of 0.83. Service Co. International has a one year low of $57.03 and a one year high of $87.11.

Service Co. International (NYSE:SCI) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.79 EPS for the quarter, meeting the consensus estimate of $0.79. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Service Co. International had a return on equity of 31.84% and a net margin of 12.19%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.78 earnings per share. On average, equities analysts expect that Service Co. International will post 3.51 earnings per share for the current fiscal year.

Service Co. International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.31 per share. This is a positive change from Service Co. International’s previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Friday, December 13th. Service Co. International’s dividend payout ratio is 34.88%.

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.