Service Co. International (NYSE:SCI) CEO Thomas L. Ryan sold 28,836 shares of Service Co. International stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $47.30, for a total value of $1,363,942.80. Following the completion of the transaction, the chief executive officer now directly owns 1,051,645 shares in the company, valued at $49,742,808.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

SCI traded up $0.30 during trading on Thursday, hitting $47.20. The company’s stock had a trading volume of 659,100 shares, compared to its average volume of 1,014,511. Service Co. International has a twelve month low of $37.52 and a twelve month high of $48.54. The company has a quick ratio of 0.60, a current ratio of 0.64 and a debt-to-equity ratio of 1.99. The stock’s fifty day moving average price is $46.85 and its 200-day moving average price is $43.65. The firm has a market capitalization of $8.56 billion, a P/E ratio of 26.37, a PEG ratio of 2.15 and a beta of 0.92.

Service Co. International (NYSE:SCI) last issued its quarterly earnings results on Monday, July 29th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.47. Service Co. International had a return on equity of 20.55% and a net margin of 12.88%. The firm had revenue of $812.57 million for the quarter, compared to analyst estimates of $811.01 million. During the same period in the previous year, the firm earned $0.44 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. Equities research analysts expect that Service Co. International will post 1.95 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.53%. Service Co. International’s dividend payout ratio (DPR) is presently 40.22%.

Institutional investors and hedge funds have recently modified their holdings of the business. British Airways Pensions Investment Management Ltd lifted its stake in Service Co. International by 7.2% in the first quarter. British Airways Pensions Investment Management Ltd now owns 327,365 shares of the company’s stock valued at $13,144,000 after buying an additional 21,953 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in Service Co. International by 72.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,869 shares of the company’s stock valued at $677,000 after buying an additional 7,113 shares during the period. Principal Financial Group Inc. lifted its stake in Service Co. International by 1.1% in the first quarter. Principal Financial Group Inc. now owns 802,183 shares of the company’s stock valued at $32,207,000 after buying an additional 8,813 shares during the period. New York State Common Retirement Fund lifted its stake in Service Co. International by 0.3% in the first quarter. New York State Common Retirement Fund now owns 419,008 shares of the company’s stock valued at $16,823,000 after buying an additional 1,374 shares during the period. Finally, Retirement Systems of Alabama lifted its stake in Service Co. International by 0.3% in the first quarter. Retirement Systems of Alabama now owns 426,612 shares of the company’s stock valued at $17,128,000 after buying an additional 1,405 shares during the period. 86.94% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on the company. ValuEngine raised Service Co. International from a “hold” rating to a “buy” rating in a research note on Friday, May 10th. Zacks Investment Research raised Service Co. International from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. Finally, Raymond James lifted their price objective on Service Co. International from $50.00 to $54.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Service Co. International has an average rating of “Buy” and a consensus price target of $50.33.

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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