Service Co. International (NYSE:SCI) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. grew its holdings in shares of Service Co. International (NYSE:SCI - Free Report) by 72.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 153,203 shares of the company's stock after acquiring an additional 64,159 shares during the period. Victory Capital Management Inc. owned about 0.10% of Service Co. International worth $10,487,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Private Advisor Group LLC raised its stake in Service Co. International by 2.1% during the third quarter. Private Advisor Group LLC now owns 9,318 shares of the company's stock worth $532,000 after buying an additional 188 shares during the last quarter. HBK Sorce Advisory LLC raised its stake in Service Co. International by 2.0% during the third quarter. HBK Sorce Advisory LLC now owns 11,821 shares of the company's stock worth $675,000 after buying an additional 230 shares during the last quarter. Arizona State Retirement System raised its stake in Service Co. International by 0.6% during the third quarter. Arizona State Retirement System now owns 43,262 shares of the company's stock worth $2,472,000 after buying an additional 239 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in Service Co. International by 1.5% during the third quarter. Oppenheimer & Co. Inc. now owns 20,319 shares of the company's stock worth $1,161,000 after buying an additional 294 shares during the last quarter. Finally, Tranquility Partners LLC raised its stake in Service Co. International by 3.0% during the fourth quarter. Tranquility Partners LLC now owns 10,652 shares of the company's stock worth $729,000 after buying an additional 309 shares during the last quarter. Institutional investors own 85.53% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on SCI. Oppenheimer increased their price target on Service Co. International from $71.00 to $76.00 and gave the stock an "outperform" rating in a report on Friday, February 16th. UBS Group lifted their price target on shares of Service Co. International from $72.00 to $79.00 and gave the company a "buy" rating in a research report on Wednesday, February 14th. One 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 a consensus rating of "Moderate Buy" and a consensus price target of $75.00.

Insider Buying and Selling at Service Co. International

In other news, CEO Thomas L. Ryan sold 16,580 shares of the firm's stock in a transaction that occurred on Thursday, February 22nd. The shares were 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 $71,359,953. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Steven A. Tidwell sold 45,995 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $75.43, for a total value of $3,469,402.85. Following the transaction, the vice president now owns 54,354 shares in the company, valued at $4,099,922.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Thomas L. Ryan sold 16,580 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 988,365 shares in the company, valued at approximately $71,359,953. The disclosure for this sale can be found here. Insiders have sold 211,292 shares of company stock worth $15,670,096 over the last ninety days. Insiders own 4.60% of the company's stock.

Service Co. International Stock Performance

Shares of NYSE:SCI traded up $0.67 during midday trading on Monday, reaching $70.13. The company had a trading volume of 655,307 shares, compared to its average volume of 856,470. The company's 50 day moving average price is $71.81 and its 200 day moving average price is $67.99. The company has a current ratio of 0.62, a quick ratio of 0.57 and a debt-to-equity ratio of 2.90. The stock has a market cap of $10.21 billion, a P/E ratio of 20.15, a P/E/G ratio of 1.88 and a beta of 0.81. Service Co. International has a 52-week low of $52.89 and a 52-week high of $75.97.

Service Co. International (NYSE:SCI - Get Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.04. Service Co. International had a return on equity of 32.23% and a net margin of 12.73%. The business had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.02 billion. During the same period in the previous year, the business posted $0.93 EPS. The firm's quarterly revenue was up 1.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Service Co. International will post 3.66 EPS for the current fiscal year.

Service Co. International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Friday, June 14th. Service Co. International's payout ratio is currently 33.33%.

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.