StoneMor Partners L.P. (NYSE:STON) major shareholder Value Equity Holdings Oaktree acquired 60,000 shares of StoneMor Partners stock in a transaction dated Friday, February 9th. The shares were acquired at an average price of $5.12 per share, with a total value of $307,200.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

StoneMor Partners L.P. (NYSE:STON) traded up $0.39 during trading hours on Tuesday, hitting $5.84. 146,886 shares of the stock traded hands, compared to its average volume of 272,318. StoneMor Partners L.P. has a one year low of $4.61 and a one year high of $11.45. The company has a debt-to-equity ratio of 2.24, a quick ratio of 2.23 and a current ratio of 2.23. The company has a market cap of $221.67, a price-to-earnings ratio of -6.87 and a beta of 0.33.

StoneMor Partners (NYSE:STON) last posted its quarterly earnings data on Friday, January 26th. The company reported ($0.25) earnings per share for the quarter. StoneMor Partners had a negative net margin of 10.42% and a negative return on equity of 22.16%. The business had revenue of $84.03 million for the quarter. During the same period last year, the business posted ($0.28) EPS. equities analysts forecast that StoneMor Partners L.P. will post -0.89 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Benchmark Capital Advisors acquired a new position in shares of StoneMor Partners in the fourth quarter worth about $115,000. Chessman Wealth Strategies RIA acquired a new position in shares of StoneMor Partners in the fourth quarter worth about $118,000. Virtu Financial LLC acquired a new position in shares of StoneMor Partners in the fourth quarter worth about $131,000. The Manufacturers Life Insurance Company boosted its holdings in shares of StoneMor Partners by 1,652.5% in the second quarter. The Manufacturers Life Insurance Company now owns 16,246 shares of the company’s stock worth $153,000 after buying an additional 15,319 shares during the period. Finally, Virtu KCG Holdings LLC boosted its holdings in shares of StoneMor Partners by 5.3% in the second quarter. Virtu KCG Holdings LLC now owns 24,718 shares of the company’s stock worth $234,000 after buying an additional 1,236 shares during the period. Institutional investors own 29.13% of the company’s stock.

Several equities analysts have recently weighed in on STON shares. BidaskClub upgraded shares of StoneMor Partners from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 26th. B. Riley reduced their price objective on shares of StoneMor Partners from $11.00 to $7.00 and set a “neutral” rating for the company in a research report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $7.00.

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About StoneMor Partners

StoneMor Partners L.P. owns and operates cemeteries and funeral homes. The Company operates through two segments: Cemetery Operations and Funeral Homes. Its Cemetery Operations segment sells interment rights, caskets, burial vaults, cremation niches, markers and other cemetery related merchandise. Its Funeral Homes segment offers a range of services, including family consultation, final expense insurance products, the removal and preparation of remains, provision of caskets and related funeral merchandise, the use of funeral home facilities for visitation, worship and performance of funeral services, and transportation services.

Insider Buying and Selling by Quarter for StoneMor Partners (NYSE:STON)

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