Service Co. International (NYSE:SCI) Director Tony Coelho sold 6,325 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $39.65, for a total transaction of $250,786.25. Following the completion of the sale, the director now directly owns 61,750 shares in the company, valued at $2,448,387.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

SCI stock traded up $0.04 during midday trading on Friday, reaching $39.57. 331,716 shares of the company’s stock traded hands, compared to its average volume of 962,572. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 22.11, a price-to-earnings-growth ratio of 1.84 and a beta of 1.07. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 2.15. Service Co. International has a fifty-two week low of $35.19 and a fifty-two week high of $47.09.

Service Co. International (NYSE:SCI) last announced its quarterly earnings results on Monday, February 18th. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). The business had revenue of $820.81 million for the quarter, compared to analyst estimates of $843.45 million. Service Co. International had a net margin of 14.02% and a return on equity of 21.92%. The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the firm earned $0.50 earnings per share. On average, equities analysts forecast that Service Co. International will post 1.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.82%. This is a boost from Service Co. International’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Thursday, March 14th. Service Co. International’s payout ratio is 37.99%.

SCI has been the topic of several research analyst reports. Zacks Investment Research reissued a “sell” rating on shares of Service Co. International in a research report on Thursday, November 15th. Raymond James cut shares of Service Co. International from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, February 20th. Finally, ValuEngine cut shares of Service Co. International from a “buy” rating to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $46.75.

A number of hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC lifted its position in Service Co. International by 8.7% during the fourth quarter. Geode Capital Management LLC now owns 1,728,263 shares of the company’s stock valued at $69,579,000 after buying an additional 138,359 shares in the last quarter. Norges Bank acquired a new position in Service Co. International during the fourth quarter valued at approximately $52,301,000. Global Retirement Partners LLC lifted its position in Service Co. International by 80.5% during the fourth quarter. Global Retirement Partners LLC now owns 789 shares of the company’s stock valued at $32,000 after buying an additional 352 shares in the last quarter. Advisory Services Network LLC acquired a new position in Service Co. International during the fourth quarter valued at approximately $85,000. Finally, Amalgamated Bank lifted its position in Service Co. International by 22.5% during the fourth quarter. Amalgamated Bank now owns 37,597 shares of the company’s stock valued at $1,514,000 after buying an additional 6,901 shares in the last quarter. 87.80% of the stock is currently owned by hedge funds and other institutional investors.

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Service Co. International Company Profile

Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.

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Insider Buying and Selling by Quarter for Service Co. International (NYSE:SCI)

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