Boston Trust Walden Corp Sells 99,082 Shares of Service Co. International (NYSE:SCI)

Boston Trust Walden Corp lowered its stake in shares of Service Co. International (NYSE:SCI) by 14.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 585,764 shares of the company’s stock after selling 99,082 shares during the period. Boston Trust Walden Corp owned 0.41% of Service Co. International worth $46,234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of SCI. Select Equity Group L.P. raised its position in shares of Service Co. International by 53.5% in the 2nd quarter. Select Equity Group L.P. now owns 7,239,783 shares of the company’s stock worth $514,966,000 after acquiring an additional 2,524,795 shares in the last quarter. Swedbank AB bought a new position in Service Co. International in the first quarter worth about $224,137,000. Dimensional Fund Advisors LP lifted its position in shares of Service Co. International by 7.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,942,559 shares of the company’s stock valued at $138,183,000 after buying an additional 135,017 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of Service Co. International by 3.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 1,810,148 shares of the company’s stock valued at $142,875,000 after buying an additional 61,838 shares in the last quarter. Finally, Coho Partners Ltd. grew its position in shares of Service Co. International by 10.6% in the 1st quarter. Coho Partners Ltd. now owns 1,685,111 shares of the company’s stock worth $125,052,000 after buying an additional 161,570 shares during the last quarter. Institutional investors own 85.53% of the company’s stock.

Service Co. International Trading Up 0.4 %

Service Co. International stock opened at $75.40 on Friday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.51 and a current ratio of 0.55. The stock has a market cap of $10.98 billion, a PE ratio of 21.67, a price-to-earnings-growth ratio of 2.19 and a beta of 0.84. The stock has a 50-day moving average of $77.41 and a two-hundred day moving average of $73.84. Service Co. International has a one year low of $52.89 and a one year high of $81.32.

Service Co. International (NYSE:SCI) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.07). The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Service Co. International had a net margin of 12.32% and a return on equity of 32.07%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 earnings per share. On average, research analysts anticipate that Service Co. International will post 3.52 EPS for the current fiscal year.

Service Co. International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.59%. The ex-dividend date was Friday, September 13th. Service Co. International’s payout ratio is 34.48%.

Insider Buying and Selling

In other news, CEO Thomas L. Ryan sold 80,638 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $73.97, for a total value of $5,964,792.86. Following the transaction, the chief executive officer now directly owns 988,365 shares of the company’s stock, valued at approximately $73,109,359.05. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Ellen Ochoa sold 2,642 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $76.41, for a total value of $201,875.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas L. Ryan sold 80,638 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $73.97, for a total transaction of $5,964,792.86. Following the sale, the chief executive officer now owns 988,365 shares in the company, valued at approximately $73,109,359.05. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Service Co. International from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

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.