Inceptionr LLC Sells 2,058 Shares of Service Co. International (NYSE:SCI)

Inceptionr LLC lessened its position in shares of Service Co. International (NYSE:SCI) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,287 shares of the company’s stock after selling 2,058 shares during the period. Inceptionr LLC’s holdings in Service Co. International were worth $1,699,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in Service Co. International during the 4th quarter worth approximately $25,000. Vision Financial Markets LLC bought a new stake in Service Co. International during the 4th quarter worth approximately $52,000. Whipplewood Advisors LLC bought a new stake in Service Co. International during the 4th quarter worth approximately $60,000. Farther Finance Advisors LLC increased its holdings in Service Co. International by 36.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 926 shares of the company’s stock worth $73,000 after acquiring an additional 249 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in Service Co. International during the 3rd quarter worth approximately $80,000. Institutional investors own 85.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. StockNews.com lowered shares of Service Co. International from a “hold” rating to a “sell” rating in a report on Wednesday, February 26th. Oppenheimer increased their price target on shares of Service Co. International from $86.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.50.

Service Co. International Price Performance

Shares of NYSE:SCI opened at $79.17 on Thursday. The company’s fifty day moving average price is $78.47 and its 200-day moving average price is $79.98. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 1.90 and a beta of 0.90. Service Co. International has a one year low of $67.19 and a one year high of $89.37. The company has a debt-to-equity ratio of 2.83, a current ratio of 0.52 and a quick ratio of 0.48.

Service Co. International (NYSE:SCI) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.06 EPS for the quarter, hitting analysts’ consensus estimates of $1.06. Service Co. International had a net margin of 12.39% and a return on equity of 32.18%. On average, equities research analysts anticipate that Service Co. International will post 3.84 earnings per share for the current fiscal year.

Service Co. International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.32 dividend. This is a boost from Service Co. International’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.62%. Service Co. International’s dividend payout ratio is 36.06%.

About Service Co. International

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.