Service Co. International (NYSE:SCI - Get Free Report) Director Victor L. Lund sold 1,011 shares of Service Co. International stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $70.00, for a total value of $70,770.00. Following the transaction, the director now owns 7,606 shares in the company, valued at approximately $532,420. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Victor L. Lund also recently made the following trade(s):
- On Monday, April 15th, Victor L. Lund sold 7,606 shares of Service Co. International stock. The stock was sold at an average price of $70.00, for a total value of $532,420.00.
Service Co. International Price Performance
SCI opened at $67.59 on Friday. The stock's 50-day moving average price is $72.21 and its 200 day moving average price is $67.19. Service Co. International has a 12-month low of $52.89 and a 12-month high of $75.97. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 1.89 and a beta of 0.81. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 2.90.
Service Co. International (NYSE:SCI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.04. The business had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.02 billion. Service Co. International had a net margin of 12.73% and a return on equity of 32.23%. The business's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. As a group, sell-side analysts expect that Service Co. International will post 3.65 earnings per share for the current year.
Service Co. International Increases Dividend
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The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.30 dividend. This is an increase from Service Co. International's previous quarterly dividend of $0.29. The ex-dividend date was Thursday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.78%. Service Co. International's payout ratio is 33.33%.
Institutional Trading of Service Co. International
A number of large investors have recently modified their holdings of SCI. TFO Wealth Partners LLC increased its position in shares of Service Co. International by 12,200.0% in the 4th quarter. TFO Wealth Partners LLC now owns 369 shares of the company's stock valued at $25,000 after purchasing an additional 366 shares during the last quarter. Rise Advisors LLC purchased a new position in Service Co. International in the first quarter valued at $31,000. Larson Financial Group LLC acquired a new stake in Service Co. International in the third quarter valued at $36,000. 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 worth $40,000 after buying an additional 435 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of Service Co. International by 204.1% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 599 shares of the company's stock worth $41,000 after acquiring an additional 402 shares in the last quarter. Hedge funds and other institutional investors own 85.53% of the company's stock.
Wall Street Analyst Weigh In
SCI has been the subject of a number of analyst reports. UBS Group upped their price objective on shares of Service Co. International from $72.00 to $79.00 and gave the company a "buy" rating in a report on Wednesday, February 14th. Oppenheimer upped their price objective 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 equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $75.00.
Check Out Our Latest Stock Analysis on Service Co. International
Service Co. International Company Profile
(
Get Free Report)
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.
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