Plimoth Trust Co. LLC Sells 200 Shares of Service Co. International (NYSE:SCI)

Plimoth Trust Co. LLC decreased its position in Service Co. International (NYSE:SCI) by 5.6% in the first quarter, Holdings Channel.com reports. The firm owned 3,360 shares of the company’s stock after selling 200 shares during the quarter. Plimoth Trust Co. LLC’s holdings in Service Co. International were worth $249,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCI. LPL Financial LLC raised its holdings in Service Co. International by 5.6% in the third quarter. LPL Financial LLC now owns 146,981 shares of the company’s stock worth $8,398,000 after purchasing an additional 7,831 shares in the last quarter. Mariner LLC raised its holdings in Service Co. International by 11.1% in the third quarter. Mariner LLC now owns 9,597 shares of the company’s stock worth $548,000 after purchasing an additional 958 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in Service Co. International by 4.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 15,850 shares of the company’s stock worth $906,000 after purchasing an additional 661 shares in the last quarter. Gotham Asset Management LLC raised its holdings in Service Co. International by 48.2% in the third quarter. Gotham Asset Management LLC now owns 35,161 shares of the company’s stock worth $2,009,000 after purchasing an additional 11,439 shares in the last quarter. Finally, AXQ Capital LP bought a new position in shares of Service Co. International during the third quarter valued at $594,000. Institutional investors own 85.53% of the company’s stock.

Insider Activity at Service Co. International

In other Service Co. International news, Director Victor L. Lund sold 7,606 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $70.00, for a total value of $532,420.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Service Co. International news, Director Victor L. Lund sold 1,011 shares of the firm’s stock in a transaction dated 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 directly owns 7,606 shares of the company’s stock, valued at $532,420. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Victor L. Lund sold 7,606 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $70.00, for a total value of $532,420.00. The disclosure for this sale can be found here. Insiders have sold 11,517 shares of company stock valued at $813,092 over the last ninety days. Insiders own 4.60% of the company’s stock.

Service Co. International Trading Down 0.5 %

Service Co. International stock opened at $70.08 on Thursday. The company has a debt-to-equity ratio of 2.90, a current ratio of 0.62 and a quick ratio of 0.57. Service Co. International has a one year low of $52.89 and a one year high of $75.97. The stock has a market capitalization of $10.20 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 1.90 and a beta of 0.84. The business’s fifty day moving average is $71.03 and its 200 day moving average is $70.60.

Service Co. International (NYSE:SCI) last released its quarterly earnings data on Wednesday, May 1st. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.85 by $0.04. Service Co. International had a return on equity of 32.23% and a net margin of 12.73%. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period last year, the firm posted $0.93 earnings per share. Service Co. International’s revenue was up 1.6% compared to the same quarter last year. On average, sell-side analysts predict that Service Co. International will post 3.66 EPS for the current year.

Service Co. International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.71%. Service Co. International’s dividend payout ratio (DPR) is presently 34.48%.

Analyst Ratings Changes

Several brokerages have recently weighed in on SCI. Truist Financial raised their price target on Service Co. International from $80.00 to $84.00 and gave the company a “buy” rating in a report on Friday, June 21st. Oppenheimer raised their price target on Service Co. International from $76.00 to $79.00 and gave the company an “outperform” rating in a report on Wednesday, May 22nd. Finally, UBS Group raised their price target on Service Co. International from $83.00 to $85.00 and gave the company a “buy” rating in a report on Friday, May 17th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

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.