Amica Mutual Insurance Co. Has $1.37 Million Stock Position in Service Co. International (NYSE:SCI)

Amica Mutual Insurance Co. lowered its holdings in shares of Service Co. International (NYSE:SCI - Free Report) by 36.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,003 shares of the company's stock after selling 11,261 shares during the quarter. Amica Mutual Insurance Co.'s holdings in Service Co. International were worth $1,369,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Private Advisor Group LLC lifted its stake in Service Co. International by 2.1% in the third quarter. Private Advisor Group LLC now owns 9,318 shares of the company's stock valued at $532,000 after buying an additional 188 shares in the last quarter. HBK Sorce Advisory LLC boosted its stake in Service Co. International by 2.0% in the 3rd quarter. HBK Sorce Advisory LLC now owns 11,821 shares of the company's stock worth $675,000 after purchasing an additional 230 shares during the period. Arizona State Retirement System increased its holdings in Service Co. International by 0.6% during the 3rd quarter. Arizona State Retirement System now owns 43,262 shares of the company's stock worth $2,472,000 after purchasing an additional 239 shares in the last quarter. Steph & Co. raised its stake in shares of Service Co. International by 14.6% in the 3rd quarter. Steph & Co. now owns 2,307 shares of the company's stock valued at $132,000 after purchasing an additional 294 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Service Co. International by 1.5% in the third quarter. Oppenheimer & Co. Inc. now owns 20,319 shares of the company's stock valued at $1,161,000 after purchasing an additional 294 shares in the last quarter. Institutional investors own 85.53% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Oppenheimer lifted their target price on Service Co. International from $71.00 to $76.00 and gave the company an "outperform" rating in a research report on Friday, February 16th. UBS Group lifted their price objective on shares of Service Co. International from $72.00 to $79.00 and gave the company a "buy" rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Service Co. International presently has an average rating of "Moderate Buy" and an average price target of $75.00.

Service Co. International Stock Performance

NYSE SCI traded up $1.19 on Monday, hitting $72.93. 780,709 shares of the stock were exchanged, compared to its average volume of 820,461. The business's fifty day moving average is $72.33 and its 200 day moving average is $66.79. Service Co. International has a 52 week low of $52.89 and a 52 week high of $75.97. The company has a market capitalization of $10.69 billion, a PE ratio of 20.72, a P/E/G ratio of 1.96 and a beta of 0.81. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.67 and a quick ratio of 0.62.

Service Co. International (NYSE:SCI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. Service Co. International had a net margin of 13.11% and a return on equity of 32.88%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the business posted $0.92 earnings per share. The business's revenue for the quarter was up 2.7% compared to the same quarter last year. Research analysts anticipate that Service Co. International will post 3.62 EPS for the current fiscal year.

Service Co. International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.30 dividend. This is a boost from Service Co. International's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.20 annualized dividend and a yield of 1.65%. Service Co. International's payout ratio is 32.95%.

Insider Transactions at Service Co. International

In other Service Co. International news, CEO Thomas L. Ryan sold 16,580 shares of the firm's stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $72.20, for a total transaction of $1,197,076.00. Following the transaction, the chief executive officer now owns 988,365 shares in the company, valued at approximately $71,359,953. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CEO Thomas L. Ryan sold 16,580 shares of Service Co. International stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $72.20, for a total value of $1,197,076.00. Following the transaction, the chief executive officer now owns 988,365 shares in the company, valued at approximately $71,359,953. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Thomas L. Ryan sold 75,000 shares of the firm's stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $73.53, for a total value of $5,514,750.00. Following the completion of the sale, the chief executive officer now directly owns 988,365 shares in the company, valued at $72,674,478.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 202,675 shares of company stock valued at $15,066,906. 5.10% of the stock is currently owned by company insiders.

Service Co. International Company 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.

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