Yousif Capital Management LLC Sells 2,491 Shares of Service Co. International (NYSE:SCI)

Yousif Capital Management LLC cut its position in shares of Service Co. International (NYSE:SCI) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,343 shares of the company’s stock after selling 2,491 shares during the quarter. Yousif Capital Management LLC’s holdings in Service Co. International were worth $4,178,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SCI. nVerses Capital LLC grew its holdings in Service Co. International by 75.0% during the 3rd quarter. nVerses Capital LLC now owns 700 shares of the company’s stock worth $55,000 after acquiring an additional 300 shares during the period. Waldron Private Wealth LLC bought a new stake in shares of Service Co. International during the 3rd quarter valued at about $57,000. Farther Finance Advisors LLC grew its stake in Service Co. International by 36.8% during the third quarter. Farther Finance Advisors LLC now owns 926 shares of the company’s stock worth $73,000 after purchasing an additional 249 shares during the period. Capital Performance Advisors LLP bought a new stake in Service Co. International in the third quarter worth approximately $80,000. Finally, Quest Partners LLC lifted its stake in Service Co. International by 110,300.0% in the third quarter. Quest Partners LLC now owns 1,104 shares of the company’s stock valued at $87,000 after buying an additional 1,103 shares during the period. Institutional investors own 85.53% of the company’s stock.

Service Co. International Stock Performance

SCI opened at $76.30 on Friday. Service Co. International has a 1-year low of $65.09 and a 1-year high of $89.37. The company has a market cap of $11.04 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.05 and a beta of 0.87. The company’s fifty day moving average price is $80.80 and its two-hundred day moving average price is $79.49. 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 Buying and Selling

In related news, VP Elisabeth G. Nash sold 56,100 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $86.13, for a total value of $4,831,893.00. Following the completion of the sale, the vice president now directly owns 109,260 shares of the company’s stock, valued at approximately $9,410,563.80. This represents a 33.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Thomas L. Ryan sold 50,000 shares of Service Co. International stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 108,655 shares of company stock worth $9,356,203 in the last quarter. Insiders own 4.60% of the company’s stock.

Analyst Ratings Changes

SCI has been the subject of several recent analyst reports. Oppenheimer raised their price objective on shares of Service Co. International from $86.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Raymond James lifted their price target on shares of Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Truist Financial upped 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. Finally, StockNews.com upgraded Service Co. International from a “sell” rating to a “hold” rating in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $88.50.

Service Co. International Profile

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.