Moloney Securities Asset Management LLC Has $1.07 Million Stock Holdings in Service Co. International (NYSE:SCI)

Moloney Securities Asset Management LLC increased its stake in shares of Service Co. International (NYSE:SCI) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,582 shares of the company’s stock after buying an additional 182 shares during the period. Moloney Securities Asset Management LLC’s holdings in Service Co. International were worth $1,072,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. nVerses Capital LLC lifted its position in Service Co. International by 100.0% during the 2nd quarter. nVerses Capital LLC now owns 400 shares of the company’s stock worth $28,000 after buying an additional 200 shares in the last quarter. Whittier Trust Co. lifted its position in Service Co. International by 406.5% during the 1st quarter. Whittier Trust Co. now owns 542 shares of the company’s stock worth $40,000 after buying an additional 435 shares in the last quarter. Blue Trust Inc. lifted its position in Service Co. International by 121.9% during the 2nd quarter. Blue Trust Inc. now owns 708 shares of the company’s stock worth $53,000 after buying an additional 389 shares in the last quarter. Quarry LP lifted its position in Service Co. International by 258.6% during the 2nd quarter. Quarry LP now owns 789 shares of the company’s stock worth $56,000 after buying an additional 569 shares in the last quarter. Finally, Waldron Private Wealth LLC bought a new stake in Service Co. International during the 3rd quarter worth about $57,000. Institutional investors and hedge funds own 85.53% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ellen Ochoa sold 2,642 shares of the 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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.60% of the company’s stock.

Analyst Ratings Changes

SCI has been the subject of several recent research reports. StockNews.com raised Service Co. International from a “sell” rating to a “hold” rating in a report on Thursday, October 31st. Truist Financial upped their price target on 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, Raymond James upped their price target on Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $85.25.

Service Co. International Trading Up 1.9 %

NYSE:SCI opened at $83.76 on Wednesday. Service Co. International has a twelve month low of $57.03 and a twelve month high of $83.94. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 2.91. The business has a 50 day moving average price of $77.86 and a two-hundred day moving average price of $74.38. The company has a market cap of $12.09 billion, a P/E ratio of 24.35, a price-to-earnings-growth ratio of 2.39 and a beta of 0.83.

Service Co. International (NYSE:SCI) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.79 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.79. Service Co. International had a return on equity of 31.84% and a net margin of 12.19%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm posted $0.78 EPS. The business’s revenue was up 1.2% on a year-over-year basis. As a group, analysts expect that Service Co. International will post 3.51 EPS for the current fiscal year.

About Service Co. International

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.