Waldron Private Wealth LLC Invests $57,000 in Service Co. International (NYSE:SCI)

Waldron Private Wealth LLC bought a new position in shares of Service Co. International (NYSE:SCI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 728 shares of the company’s stock, valued at approximately $57,000.

Several other institutional investors have also bought and sold shares of the stock. nVerses Capital LLC lifted its holdings in shares of Service Co. International by 100.0% during 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. lifted its holdings in Service Co. International by 406.5% during the 1st quarter. Whittier Trust Co. now owns 542 shares of the company’s stock valued at $40,000 after purchasing an additional 435 shares during the last quarter. Blue Trust Inc. grew its stake in Service Co. International by 121.9% during the second quarter. Blue Trust Inc. now owns 708 shares of the company’s stock worth $53,000 after buying an additional 389 shares during the last quarter. Quarry LP grew its stake in Service Co. International by 258.6% during the second quarter. Quarry LP now owns 789 shares of the company’s stock worth $56,000 after buying an additional 569 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new position in shares of Service Co. International in the first quarter valued at approximately $65,000. Institutional investors and hedge funds own 85.53% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ellen Ochoa sold 2,642 shares of Service Co. International stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $76.41, for a total transaction of $201,875.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Thomas L. Ryan sold 80,638 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 988,365 shares of the company’s stock, valued at $73,109,359.05. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ellen Ochoa sold 2,642 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total value of $201,875.22. The disclosure for this sale can be found here. Company insiders own 5.10% of the company’s stock.

Service Co. International Trading Up 1.1 %

Shares of NYSE SCI opened at $76.76 on Thursday. Service Co. International has a 1-year low of $52.89 and a 1-year high of $81.32. The company has a 50-day moving average of $77.44 and a two-hundred day moving average of $73.80. The company has a market cap of $11.08 billion, a PE ratio of 22.38, a P/E/G ratio of 2.18 and a beta of 0.84. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 3.05.

Service Co. International (NYSE:SCI) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.07). The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.03 billion. Service Co. International had a return on equity of 32.07% and a net margin of 12.32%. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 EPS. As a group, equities analysts expect that Service Co. International will post 3.52 earnings per share for the current fiscal year.

Service Co. International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.20 dividend on an annualized basis and a yield of 1.56%. Service Co. International’s payout ratio is 34.99%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Service Co. International from a “hold” rating to a “sell” rating in a report on Thursday, August 1st.

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.