Service Co. International (NYSE:SCI) Stock Holdings Decreased by BDF Gestion

BDF Gestion trimmed its position in Service Co. International (NYSE:SCI - Free Report) by 11.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,936 shares of the company's stock after selling 8,564 shares during the quarter. BDF Gestion's holdings in Service Co. International were worth $5,263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in SCI. nVerses Capital LLC increased its holdings in shares of Service Co. International by 75.0% in the 3rd quarter. nVerses Capital LLC now owns 700 shares of the company's stock valued at $55,000 after acquiring an additional 300 shares during the last quarter. Quarry LP increased its holdings in shares of Service Co. International by 258.6% in the 2nd quarter. Quarry LP now owns 789 shares of the company's stock valued at $56,000 after acquiring an additional 569 shares during the last quarter. Waldron Private Wealth LLC bought a new stake in shares of Service Co. International in the 3rd quarter valued at approximately $57,000. Farther Finance Advisors LLC increased its holdings in shares of 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. Finally, Capital Performance Advisors LLP bought a new stake in shares of Service Co. International in the 3rd quarter valued at approximately $80,000. 85.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SCI. Oppenheimer boosted their price target on Service Co. International from $86.00 to $92.00 and gave the company an "outperform" rating in a report on Friday, December 13th. Raymond James upped their price target on shares of Service Co. International from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. Truist Financial increased their price objective on shares of Service Co. International from $84.00 to $92.00 and gave the stock a "buy" 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 research 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 company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $88.50.

Service Co. International Stock Performance

NYSE:SCI traded down $0.62 during mid-day trading on Monday, hitting $77.51. The stock had a trading volume of 1,485,734 shares, compared to its average volume of 1,058,911. The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 2.05 and a beta of 0.87. The company has a 50 day simple moving average of $81.70 and a 200-day simple moving average of $79.48. Service Co. International has a 52 week low of $64.10 and a 52 week high of $89.37. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 2.91.

Service Co. International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.60%. This is an increase from Service Co. International's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, December 13th. Service Co. International's payout ratio is 34.88%.

Insiders Place Their Bets

In other Service Co. International news, Director Tony Coelho sold 2,555 shares of the business's stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $85.64, for a total transaction of $218,810.20. Following the sale, the director now directly owns 53,324 shares in the company, valued at approximately $4,566,667.36. The trade was a 4.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Thomas L. Ryan sold 50,000 shares of Service Co. International stock in a transaction that occurred 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 $84,588,694.63. This represents a 4.84 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 108,655 shares of company stock worth $9,356,203. 4.60% of the stock is owned by corporate insiders.

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.