Allworth Financial LP Has $105,000 Stake in Service Co. International (NYSE:SCI)

Allworth Financial LP raised its holdings in Service Co. International (NYSE:SCI) by 29.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,327 shares of the company’s stock after acquiring an additional 299 shares during the period. Allworth Financial LP’s holdings in Service Co. International were worth $105,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. nVerses Capital LLC grew its stake in Service Co. International by 100.0% in the second quarter. nVerses Capital LLC now owns 400 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares during the period. Whittier Trust Co. grew its stake in Service Co. International by 406.5% in the first quarter. Whittier Trust Co. now owns 542 shares of the company’s stock valued at $40,000 after acquiring an additional 435 shares during the period. Blue Trust Inc. grew its stake in Service Co. International by 121.9% in the second quarter. Blue Trust Inc. now owns 708 shares of the company’s stock valued at $53,000 after acquiring an additional 389 shares during the period. Waldron Private Wealth LLC acquired a new position in Service Co. International in the third quarter valued at about $57,000. Finally, Quarry LP grew its stake in Service Co. International by 258.6% in the second quarter. Quarry LP now owns 789 shares of the company’s stock valued at $56,000 after acquiring an additional 569 shares during the period. 85.53% of the stock is owned by institutional investors and hedge funds.

Service Co. International Stock Up 7.2 %

SCI stock opened at $81.69 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 0.55 and a quick ratio of 0.51. The stock has a market capitalization of $11.90 billion, a P/E ratio of 23.47, a P/E/G ratio of 2.17 and a beta of 0.84. The business has a 50-day moving average of $77.46 and a 200-day moving average of $73.97. Service Co. International has a fifty-two week low of $52.89 and a fifty-two week high of $81.94.

Service Co. International (NYSE:SCI) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.79 earnings per share for the quarter, hitting the consensus estimate of $0.79. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Service Co. International had a return on equity of 32.07% and a net margin of 12.32%. Service Co. International’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 earnings per share. On average, sell-side analysts anticipate that Service Co. International will post 3.52 earnings per share for the current fiscal year.

Service Co. International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.20 annualized dividend and a yield of 1.47%. Service Co. International’s payout ratio is presently 34.48%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Service Co. International from a “sell” rating to a “hold” rating in a research report on Thursday.

Insider Buying and Selling

In related news, Director Ellen Ochoa sold 2,642 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total transaction of $201,875.22. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Ellen Ochoa sold 2,642 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total transaction of $201,875.22. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Thomas L. Ryan sold 80,638 shares of the company’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $73.97, for a total value of $5,964,792.86. Following the sale, the chief executive officer now owns 988,365 shares in the company, valued at $73,109,359.05. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by corporate insiders.

About Service Co. International

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.