Yousif Capital Management LLC Sells 2,491 Shares of Service Co. International (NYSE:SCI)

Yousif Capital Management LLC trimmed its holdings in shares of Service Co. International (NYSE:SCI) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,343 shares of the company’s stock after selling 2,491 shares during the quarter. Yousif Capital Management LLC’s holdings in Service Co. International were worth $4,178,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SCI. Sanctuary Advisors LLC purchased a new stake in shares of Service Co. International during the 2nd quarter valued at $344,000. GAMMA Investing LLC grew its position in Service Co. International by 11.1% during the third quarter. GAMMA Investing LLC now owns 1,746 shares of the company’s stock valued at $138,000 after buying an additional 174 shares during the period. Atomi Financial Group Inc. increased its holdings in Service Co. International by 2.3% during the third quarter. Atomi Financial Group Inc. now owns 7,704 shares of the company’s stock worth $608,000 after buying an additional 170 shares during the last quarter. UMB Bank n.a. raised its position in Service Co. International by 7.8% in the third quarter. UMB Bank n.a. now owns 2,167 shares of the company’s stock worth $171,000 after acquiring an additional 156 shares during the period. Finally, JGP Wealth Management LLC boosted its stake in Service Co. International by 1.5% in the third quarter. JGP Wealth Management LLC now owns 116,132 shares of the company’s stock valued at $9,166,000 after acquiring an additional 1,666 shares during the last quarter. 85.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SCI has been the subject of several research analyst reports. Truist Financial raised their price target on shares of Service Co. International from $84.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Oppenheimer boosted their target price on Service Co. International from $86.00 to $92.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Raymond James upped their price target on Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, StockNews.com raised Service Co. International from a “sell” rating to a “hold” rating in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $88.50.

Service Co. International Trading Down 0.7 %

NYSE:SCI opened at $76.30 on Friday. The company has a market cap of $11.04 billion, a P/E ratio of 22.18, a P/E/G ratio of 2.05 and a beta of 0.87. Service Co. International has a 1 year low of $65.09 and a 1 year high of $89.37. The company has a debt-to-equity ratio of 2.91, a current ratio of 0.52 and a quick ratio of 0.48. The stock’s fifty day moving average price is $80.80 and its two-hundred day moving average price is $79.49.

Insiders Place Their Bets

In other Service Co. International news, Director Tony Coelho sold 2,555 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $85.64, for a total value of $218,810.20. Following the completion of the transaction, the director now directly owns 53,324 shares of the company’s stock, valued at $4,566,667.36. This trade represents a 4.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Thomas L. Ryan sold 50,000 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $86.11, for a total transaction of $4,305,500.00. Following the completion of the transaction, the chief executive officer now directly owns 982,333 shares in the company, valued at approximately $84,588,694.63. The trade was a 4.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 108,655 shares of company stock worth $9,356,203 in the last quarter. 4.60% of the stock is owned by company insiders.

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.