Service Co. International (NYSE:SCI) Shares Sold by LWM Advisory Services LLC

LWM Advisory Services LLC trimmed its holdings in Service Co. International (NYSE:SCI) by 4.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,333 shares of the company’s stock after selling 259 shares during the period. LWM Advisory Services LLC’s holdings in Service Co. International were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SCI. Farther Finance Advisors LLC grew its stake in Service Co. International by 36.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 926 shares of the company’s stock valued at $73,000 after acquiring an additional 249 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Service Co. International in the 3rd quarter valued at about $80,000. Quest Partners LLC lifted its holdings in Service Co. International by 110,300.0% in the 3rd quarter. Quest Partners LLC now owns 1,104 shares of the company’s stock valued at $87,000 after purchasing an additional 1,103 shares in the last quarter. Blue Trust Inc. lifted its holdings in Service Co. International by 64.3% in the 3rd quarter. Blue Trust Inc. now owns 1,163 shares of the company’s stock valued at $92,000 after purchasing an additional 455 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Service Co. International by 29.1% in the 3rd quarter. Allworth Financial LP now owns 1,327 shares of the company’s stock valued at $105,000 after purchasing an additional 299 shares in the last quarter. 85.53% of the stock is owned by institutional investors and hedge funds.

Service Co. International Price Performance

SCI opened at $78.97 on Friday. The company’s 50 day simple moving average is $78.80 and its 200 day simple moving average is $79.68. The company has a debt-to-equity ratio of 2.83, a quick ratio of 0.48 and a current ratio of 0.52. Service Co. International has a 1 year low of $67.19 and a 1 year high of $89.37. The stock has a market capitalization of $11.39 billion, a PE ratio of 22.25, a P/E/G ratio of 1.90 and a beta of 0.87.

Service Co. International (NYSE:SCI) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.06. Service Co. International had a net margin of 12.39% and a return on equity of 32.18%. As a group, sell-side analysts expect that Service Co. International will post 3.84 EPS for the current year.

Service Co. International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Friday, March 14th. This is a positive change from Service Co. International’s previous quarterly dividend of $0.31. Service Co. International’s payout ratio is 33.80%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SCI shares. Oppenheimer upped their target price on shares of Service Co. International from $86.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Truist Financial upped their target price on shares of Service Co. International from $84.00 to $92.00 and gave the company a “buy” rating in a report on Friday, November 1st. Raymond James upped their target price on shares of Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, StockNews.com upgraded shares of Service Co. International from a “sell” rating to a “hold” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

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.