Boston Trust Walden Corp Reduces Stock Holdings in Service Co. International (NYSE:SCI)

Boston Trust Walden Corp reduced its stake in Service Co. International (NYSE:SCI - Free Report) by 14.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 585,764 shares of the company's stock after selling 99,082 shares during the period. Boston Trust Walden Corp owned 0.41% of Service Co. International worth $46,234,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCI. Inspire Investing LLC raised its stake in Service Co. International by 3.1% during the 2nd quarter. Inspire Investing LLC now owns 4,969 shares of the company's stock worth $353,000 after acquiring an additional 148 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Service Co. International by 14.0% during the second quarter. Fifth Third Bancorp now owns 1,226 shares of the company's stock worth $87,000 after purchasing an additional 151 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Service Co. International by 7.8% in the 3rd quarter. UMB Bank n.a. now owns 2,167 shares of the company's stock valued at $171,000 after purchasing an additional 156 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Service Co. International by 5.6% in the 2nd quarter. Larson Financial Group LLC now owns 3,020 shares of the company's stock valued at $215,000 after purchasing an additional 159 shares during the period. Finally, HB Wealth Management LLC grew its stake in Service Co. International by 3.5% during the 2nd quarter. HB Wealth Management LLC now owns 4,894 shares of the company's stock worth $348,000 after buying an additional 165 shares during the last quarter. Institutional investors and hedge funds own 85.53% of the company's stock.

Insider Activity at Service Co. International

In related news, Director Ellen Ochoa sold 2,642 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $76.41, for a total transaction of $201,875.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Ellen Ochoa sold 2,642 shares of Service Co. International stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total value of $201,875.22. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Thomas L. Ryan sold 80,638 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $73.97, for a total value of $5,964,792.86. Following the completion of the transaction, the chief executive officer now owns 988,365 shares of the company's stock, valued at $73,109,359.05. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by insiders.

Service Co. International Stock Performance

NYSE SCI traded up $0.28 during trading on Friday, reaching $75.40. The company's stock had a trading volume of 801,841 shares, compared to its average volume of 898,130. The business's fifty day moving average price is $77.41 and its 200-day moving average price is $73.87. Service Co. International has a twelve month low of $52.89 and a twelve month high of $81.32. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.51 and a current ratio of 0.55. The firm has a market cap of $10.98 billion, a price-to-earnings ratio of 21.67, a P/E/G ratio of 2.19 and a beta of 0.84.

Service Co. International (NYSE:SCI - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.07). Service Co. International had a net margin of 12.32% and a return on equity of 32.07%. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm earned $0.83 EPS. The business's revenue was up 2.0% on a year-over-year basis. As a group, analysts anticipate that Service Co. International will post 3.52 EPS for the current fiscal year.

Service Co. International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.59%. The ex-dividend date was Friday, September 13th. Service Co. International's dividend payout ratio is presently 34.48%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Service Co. International from a "hold" rating to a "sell" rating in a research note on Thursday, August 1st.

Service Co. International Profile

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.