Service Co. International (NYSE:SCI) Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp increased its holdings in shares of Service Co. International (NYSE:SCI - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 612,944 shares of the company's stock after buying an additional 27,180 shares during the quarter. Boston Trust Walden Corp owned 0.42% of Service Co. International worth $48,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. FMR LLC grew its stake in shares of Service Co. International by 300.6% during the third quarter. FMR LLC now owns 4,055,823 shares of the company's stock worth $320,126,000 after acquiring an additional 3,043,354 shares during the last quarter. Verition Fund Management LLC boosted its stake in Service Co. International by 2,527.9% in the 3rd quarter. Verition Fund Management LLC now owns 293,329 shares of the company's stock worth $23,152,000 after purchasing an additional 282,167 shares in the last quarter. Premier Fund Managers Ltd grew its position in Service Co. International by 23.9% during the 3rd quarter. Premier Fund Managers Ltd now owns 1,093,723 shares of the company's stock worth $85,721,000 after purchasing an additional 210,802 shares during the last quarter. Geode Capital Management LLC increased its stake in Service Co. International by 5.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,211,902 shares of the company's stock valued at $253,567,000 after purchasing an additional 156,086 shares in the last quarter. Finally, Tidal Investments LLC raised its holdings in shares of Service Co. International by 4,977.3% in the third quarter. Tidal Investments LLC now owns 155,567 shares of the company's stock worth $12,279,000 after buying an additional 152,503 shares during the last quarter. 85.53% of the stock is owned by institutional investors and hedge funds.

Service Co. International Stock Performance

SCI traded down $0.57 during midday trading on Friday, hitting $76.30. 915,805 shares of the company were exchanged, compared to its average volume of 1,047,180. The company's 50 day simple moving average is $80.80 and its 200 day simple moving average is $79.49. The firm has a market capitalization of $11.04 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 2.05 and a beta of 0.87. Service Co. International has a 1-year low of $65.09 and a 1-year 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.

Insider Activity at Service Co. International

In related news, VP Elisabeth G. Nash sold 56,100 shares of the firm's stock in a transaction on Monday, November 18th. The shares were sold at an average price of $86.13, for a total transaction of $4,831,893.00. Following the sale, the vice president now owns 109,260 shares in the company, valued at approximately $9,410,563.80. This trade represents a 33.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas L. Ryan sold 50,000 shares of the company's stock in a transaction dated 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 owns 982,333 shares of the company's stock, valued at approximately $84,588,694.63. This trade represents a 4.84 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 108,655 shares of company stock worth $9,356,203. 4.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SCI. Truist Financial boosted their price objective 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. StockNews.com raised Service Co. International from a "sell" rating to a "hold" rating in a report on Wednesday, December 4th. Oppenheimer raised their price objective on Service Co. International from $86.00 to $92.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Finally, Raymond James upped their target price on Service Co. International from $80.00 to $85.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $88.50.

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.