Blue Trust Inc. Has $110,000 Stock Holdings in Service Co. International (NYSE:SCI)

Blue Trust Inc. lifted its position in shares of Service Co. International (NYSE:SCI) by 20.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,397 shares of the company’s stock after purchasing an additional 234 shares during the quarter. Blue Trust Inc.’s holdings in Service Co. International were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Franklin Resources Inc. boosted its stake in Service Co. International by 263.1% during the third quarter. Franklin Resources Inc. now owns 15,912 shares of the company’s stock worth $1,206,000 after buying an additional 11,530 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Service Co. International by 12.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 181,902 shares of the company’s stock worth $14,358,000 after purchasing an additional 19,418 shares in the last quarter. International Assets Investment Management LLC raised its position in Service Co. International by 7,802.1% in the third quarter. International Assets Investment Management LLC now owns 7,586 shares of the company’s stock worth $599,000 after purchasing an additional 7,490 shares in the last quarter. Geode Capital Management LLC lifted its stake in Service Co. International by 5.1% during the third quarter. Geode Capital Management LLC now owns 3,211,902 shares of the company’s stock worth $253,567,000 after purchasing an additional 156,086 shares during the period. Finally, Premier Fund Managers Ltd lifted its stake in Service Co. International by 23.9% during the third quarter. Premier Fund Managers Ltd now owns 1,093,723 shares of the company’s stock worth $85,721,000 after purchasing an additional 210,802 shares during the period. 85.53% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Tony Coelho sold 2,555 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $85.64, for a total transaction of $218,810.20. Following the completion of the sale, the director now owns 53,324 shares in the company, valued at $4,566,667.36. The trade was a 4.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Elisabeth G. Nash sold 56,100 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $86.13, for a total value of $4,831,893.00. Following the completion of the transaction, the vice president now owns 109,260 shares in the company, valued at approximately $9,410,563.80. This represents a 33.93 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 108,655 shares of company stock valued at $9,356,203. Insiders own 5.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Oppenheimer increased their target price on Service Co. International from $86.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Raymond James boosted their target price on shares of Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Truist Financial increased their target price on shares of Service Co. International from $84.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, StockNews.com upgraded shares of Service Co. International from a “sell” rating to a “hold” rating in a research report on Wednesday, December 4th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $88.50.

Service Co. International Stock Performance

Service Co. International stock opened at $76.86 on Friday. Service Co. International has a 12-month low of $65.09 and a 12-month high of $89.37. The stock has a 50-day simple moving average of $81.04 and a 200 day simple moving average of $79.51. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 2.91. The stock has a market capitalization of $11.12 billion, a price-to-earnings ratio of 22.34, a P/E/G ratio of 2.05 and a beta of 0.87.

Service Co. International Profile

Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery segments. The Funeral segment offers services related to cremations, including the use of home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, memorialization, and catering.