Service Co. International (NYSE:SCI) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in shares of Service Co. International (NYSE:SCI) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,328 shares of the company’s stock after selling 1,791 shares during the quarter. Yousif Capital Management LLC’s holdings in Service Co. International were worth $4,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of SCI. AE Wealth Management LLC increased its position in shares of Service Co. International by 15.5% during the third quarter. AE Wealth Management LLC now owns 8,920 shares of the company’s stock worth $510,000 after acquiring an additional 1,198 shares during the period. DAVENPORT & Co LLC purchased a new stake in shares of Service Co. International during the third quarter worth $255,000. Exchange Traded Concepts LLC increased its position in shares of Service Co. International by 5.2% during the third quarter. Exchange Traded Concepts LLC now owns 9,186 shares of the company’s stock worth $525,000 after acquiring an additional 453 shares during the period. UMB Bank n.a. increased its position in shares of Service Co. International by 38.6% during the third quarter. UMB Bank n.a. now owns 1,680 shares of the company’s stock worth $96,000 after acquiring an additional 468 shares during the period. Finally, JGP Wealth Management LLC increased its holdings in Service Co. International by 5.5% in the third quarter. JGP Wealth Management LLC now owns 127,696 shares of the company’s stock valued at $7,297,000 after buying an additional 6,643 shares during the last quarter. Hedge funds and other institutional investors own 85.53% of the company’s stock.

Insider Buying and Selling at Service Co. International

In other Service Co. International news, VP Steven A. Tidwell sold 45,995 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $75.43, for a total value of $3,469,402.85. Following the completion of the transaction, the vice president now owns 54,354 shares in the company, valued at $4,099,922.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Thomas L. Ryan sold 16,580 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $72.20, for a total transaction of $1,197,076.00. Following the completion of the sale, the chief executive officer now owns 988,365 shares in the company, valued at $71,359,953. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Steven A. Tidwell sold 45,995 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $75.43, for a total transaction of $3,469,402.85. Following the sale, the vice president now owns 54,354 shares of the company’s stock, valued at approximately $4,099,922.22. The disclosure for this sale can be found here. Insiders sold 202,675 shares of company stock worth $15,066,906 over the last 90 days. Corporate insiders own 5.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. UBS Group increased their target price on Service Co. International from $72.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, February 14th. Oppenheimer increased their target price on Service Co. International from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Friday, February 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Service Co. International has a consensus rating of “Moderate Buy” and an average price target of $75.00.

Service Co. International Stock Performance

NYSE:SCI opened at $71.74 on Friday. The firm has a market capitalization of $10.51 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 1.93 and a beta of 0.81. The business’s fifty day moving average price is $72.33 and its 200 day moving average price is $66.52. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.67 and a quick ratio of 0.62. Service Co. International has a 12 month low of $52.89 and a 12 month high of $75.97.

Service Co. International (NYSE:SCI) last released its quarterly earnings data on Tuesday, February 13th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.02. Service Co. International had a net margin of 13.11% and a return on equity of 32.88%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm posted $0.92 earnings per share. Service Co. International’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, sell-side analysts anticipate that Service Co. International will post 3.62 earnings per share for the current fiscal year.

Service Co. International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Thursday, March 14th. This is an increase from Service Co. International’s previous quarterly dividend of $0.29. Service Co. International’s dividend payout ratio is currently 32.95%.

Service Co. International 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.