7,982 Shares in Service Co. International (NYSE:SCI) Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC acquired a new stake in shares of Service Co. International (NYSE:SCI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,982 shares of the company’s stock, valued at approximately $546,000.

Several other large investors also recently modified their holdings of the stock. SG Americas Securities LLC boosted its stake in shares of Service Co. International by 18.3% in the 4th quarter. SG Americas Securities LLC now owns 18,852 shares of the company’s stock valued at $1,290,000 after purchasing an additional 2,911 shares in the last quarter. CX Institutional acquired a new position in Service Co. International in the fourth quarter valued at about $825,000. JGP Wealth Management LLC grew its stake in Service Co. International by 3.1% during the fourth quarter. JGP Wealth Management LLC now owns 131,644 shares of the company’s stock worth $9,011,000 after buying an additional 3,948 shares during the last quarter. InTrack Investment Management Inc acquired a new stake in shares of Service Co. International during the fourth quarter worth approximately $205,000. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Service Co. International by 204.1% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 599 shares of the company’s stock valued at $41,000 after acquiring an additional 402 shares during the last quarter. 85.53% of the stock is currently owned by institutional investors.

Insider Activity at Service Co. International

In other Service Co. International news, CEO Thomas L. Ryan sold 75,000 shares of Service Co. International stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $73.53, for a total transaction of $5,514,750.00. Following the transaction, the chief executive officer now directly owns 988,365 shares in the company, valued at $72,674,478.45. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Thomas L. Ryan sold 75,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $73.53, for a total transaction of $5,514,750.00. Following the sale, the chief executive officer now owns 988,365 shares of the company’s stock, valued at $72,674,478.45. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Tony Coelho sold 8,950 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $75.39, for a total value of $674,740.50. Following the completion of the transaction, the director now owns 60,887 shares of the company’s stock, valued at $4,590,270.93. The disclosure for this sale can be found here. Insiders sold a total of 202,675 shares of company stock worth $15,066,906 in the last quarter. Corporate insiders own 5.10% of the company’s stock.

Service Co. International Trading Up 1.3 %

SCI opened at $74.22 on Thursday. The firm has a 50 day simple moving average of $71.14 and a 200 day simple moving average of $64.71. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.67 and a quick ratio of 0.62. The company has a market cap of $10.84 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 2.00 and a beta of 0.81. Service Co. International has a fifty-two week low of $52.89 and a fifty-two week high of $75.97.

Service Co. International (NYSE:SCI) last released its quarterly earnings data on Tuesday, February 13th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. Service Co. International had a net margin of 13.11% and a return on equity of 32.88%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the firm earned $0.92 EPS. Service Co. International’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Service Co. International will post 3.62 earnings per share for the current year.

Service Co. International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 15th will be issued a $0.30 dividend. This is a positive change from Service Co. International’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.62%. Service Co. International’s payout ratio is 32.95%.

Analyst Ratings Changes

SCI has been the topic of a number of research analyst reports. Oppenheimer increased their price target on Service Co. International from $71.00 to $76.00 and gave the stock an “outperform” rating in a research report on Friday, February 16th. UBS Group increased their price objective on Service Co. International from $72.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, February 14th. 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.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $75.00.

About Service Co. International

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.