LWM Advisory Services LLC Trims Holdings in Service Co. International (NYSE:SCI)

LWM Advisory Services LLC decreased its holdings in Service Co. International (NYSE:SCIFree Report) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,333 shares of the company’s stock after selling 259 shares during the quarter. LWM Advisory Services LLC’s holdings in Service Co. International were worth $426,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC raised its position in Service Co. International by 300.6% in the 3rd quarter. FMR LLC now owns 4,055,823 shares of the company’s stock valued at $320,126,000 after purchasing an additional 3,043,354 shares during the last quarter. Geode Capital Management LLC raised its position in Service Co. International by 5.1% in 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 during the last quarter. Swedbank AB raised its position in Service Co. International by 1.7% in the 4th quarter. Swedbank AB now owns 2,950,020 shares of the company’s stock valued at $235,471,000 after purchasing an additional 50,000 shares during the last quarter. Premier Fund Managers Ltd raised its position in Service Co. International by 23.9% in the 3rd quarter. Premier Fund Managers Ltd now owns 1,093,723 shares of the company’s stock valued at $85,721,000 after purchasing an additional 210,802 shares during the last quarter. Finally, Empower Advisory Group LLC raised its position in Service Co. International by 1.5% in the 4th quarter. Empower Advisory Group LLC now owns 959,823 shares of the company’s stock valued at $76,613,000 after purchasing an additional 13,764 shares during the last quarter. Hedge funds and other institutional investors own 85.53% of the company’s stock.

Service Co. International Stock Performance

Shares of SCI opened at $78.97 on Friday. The company has a debt-to-equity ratio of 2.83, a quick ratio of 0.48 and a current ratio of 0.52. Service Co. International has a 1 year low of $67.19 and a 1 year high of $89.37. The stock has a market capitalization of $11.39 billion, a P/E ratio of 22.25, a P/E/G ratio of 1.90 and a beta of 0.87. The company’s fifty day moving average is $78.80 and its two-hundred day moving average is $79.68.

Service Co. International (NYSE:SCIGet Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.06. Service Co. International had a net margin of 12.39% and a return on equity of 32.18%. On average, sell-side analysts predict that Service Co. International will post 3.84 earnings per share for the current year.

Service Co. International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Service Co. International’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.62%. Service Co. International’s dividend payout ratio is 33.80%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SCI shares. Raymond James upped 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 report on Friday, November 1st. StockNews.com raised shares of Service Co. International from a “sell” rating to a “hold” rating in a research note on Tuesday, February 18th. 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 research note on Friday, November 1st. Finally, Oppenheimer boosted their price objective on shares of Service Co. International from $86.00 to $92.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Service Co. International has an average rating of “Moderate Buy” and a consensus price target of $88.50.

Check Out Our Latest Stock Report on Service Co. International

Service Co. International Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Service Co. International (NYSE:SCIFree Report).

Institutional Ownership by Quarter for Service Co. International (NYSE:SCI)

Receive News & Ratings for Service Co. International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Service Co. International and related companies with MarketBeat.com's FREE daily email newsletter.