StoneMor Partners L.P. (NYSE:STON) major shareholder Value Equity Fund Gp L. Oaktree purchased 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was acquired at an average price of $5.40 per share, with a total value of $540,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

StoneMor Partners L.P. (STON) opened at $5.84 on Wednesday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 2.23 and a current ratio of 2.23. StoneMor Partners L.P. has a 12 month low of $4.61 and a 12 month high of $11.45.

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

Several research analysts recently issued reports on the stock. B. Riley decreased their price target on shares of StoneMor Partners from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Tuesday, January 30th. BidaskClub upgraded shares of StoneMor Partners from a “strong sell” rating to a “sell” rating in a research note on Thursday, October 26th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. StoneMor Partners has an average rating of “Hold” and an average target price of $7.00.

A number of large investors have recently added to or reduced their stakes in the business. Oaktree Capital Management LP increased its stake in StoneMor Partners by 145.9% during the 4th quarter. Oaktree Capital Management LP now owns 3,750,000 shares of the company’s stock valued at $24,600,000 after purchasing an additional 2,225,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in StoneMor Partners by 0.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 129,303 shares of the company’s stock valued at $1,222,000 after purchasing an additional 842 shares in the last quarter. Arrow Investment Advisors LLC increased its stake in StoneMor Partners by 42.9% during the 4th quarter. Arrow Investment Advisors LLC now owns 114,194 shares of the company’s stock valued at $749,000 after purchasing an additional 34,300 shares in the last quarter. First Republic Investment Management Inc. bought a new stake in StoneMor Partners during the 3rd quarter valued at about $600,000. Finally, Csenge Advisory Group bought a new stake in StoneMor Partners during the 3rd quarter valued at about $249,000. Institutional investors and hedge funds own 29.13% of the company’s stock.

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StoneMor Partners Company Profile

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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