Carriage Services, Inc. (NYSE:CSV) Holdings Increased by Barclays PLC

Barclays PLC lifted its holdings in Carriage Services, Inc. (NYSE:CSV - Free Report) by 228.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,433 shares of the company's stock after purchasing an additional 14,215 shares during the period. Barclays PLC owned approximately 0.13% of Carriage Services worth $671,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC lifted its position in shares of Carriage Services by 46.6% during the 3rd quarter. FMR LLC now owns 852 shares of the company's stock worth $28,000 after buying an additional 271 shares during the last quarter. nVerses Capital LLC lifted its holdings in shares of Carriage Services by 550.0% in the 2nd quarter. nVerses Capital LLC now owns 1,300 shares of the company's stock valued at $35,000 after purchasing an additional 1,100 shares during the last quarter. Point72 DIFC Ltd boosted its position in shares of Carriage Services by 613.0% in the 2nd quarter. Point72 DIFC Ltd now owns 1,861 shares of the company's stock valued at $50,000 after purchasing an additional 1,600 shares during the period. Perritt Capital Management Inc grew its stake in Carriage Services by 5,001.0% during the 2nd quarter. Perritt Capital Management Inc now owns 5,101 shares of the company's stock worth $137,000 after buying an additional 5,001 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its stake in Carriage Services by 1,074.3% during the 3rd quarter. Point72 Asset Management L.P. now owns 4,697 shares of the company's stock worth $154,000 after buying an additional 4,297 shares during the last quarter. Institutional investors and hedge funds own 66.46% of the company's stock.

Insider Activity at Carriage Services

In other Carriage Services news, VP Paul Donald Elliott sold 5,000 shares of Carriage Services stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $37.78, for a total value of $188,900.00. Following the completion of the transaction, the vice president now owns 34,166 shares of the company's stock, valued at $1,290,791.48. The trade was a 12.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 11.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Barrington Research increased their price target on shares of Carriage Services from $39.00 to $45.00 and gave the stock an "outperform" rating in a research note on Thursday, October 31st.

Carriage Services Trading Down 2.1 %

Shares of NYSE CSV traded down $0.83 during midday trading on Thursday, reaching $39.02. 80,324 shares of the stock were exchanged, compared to its average volume of 103,803. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 2.03. The company has a market capitalization of $594.00 million, a P/E ratio of 17.50, a P/E/G ratio of 1.07 and a beta of 0.93. The stock has a 50 day moving average price of $38.90 and a 200-day moving average price of $33.51. Carriage Services, Inc. has a 52-week low of $22.84 and a 52-week high of $42.13.

Carriage Services (NYSE:CSV - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.19. Carriage Services had a net margin of 8.57% and a return on equity of 23.52%. The firm had revenue of $100.69 million during the quarter, compared to the consensus estimate of $93.49 million. During the same period in the previous year, the firm earned $0.33 earnings per share. Equities research analysts expect that Carriage Services, Inc. will post 2.5 earnings per share for the current fiscal year.

Carriage Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 4th were paid a $0.1125 dividend. This represents a $0.45 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Monday, November 4th. Carriage Services's dividend payout ratio (DPR) is 20.18%.

Carriage Services Profile

Carriage Services, Inc provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise.