Howland Capital Management LLC Sells 252 Shares of Service Co. International (NYSE:SCI)

Howland Capital Management LLC cut its stake in Service Co. International (NYSE:SCI) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 18,314 shares of the company’s stock after selling 252 shares during the period. Howland Capital Management LLC’s holdings in Service Co. International were worth $1,462,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SCI. Sanctuary Advisors LLC bought a new stake in shares of Service Co. International in the second quarter worth approximately $344,000. GAMMA Investing LLC boosted its holdings in shares of Service Co. International by 11.1% in the third quarter. GAMMA Investing LLC now owns 1,746 shares of the company’s stock worth $138,000 after buying an additional 174 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Service Co. International by 7.8% in the third quarter. UMB Bank n.a. now owns 2,167 shares of the company’s stock worth $171,000 after buying an additional 156 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in shares of Service Co. International by 15.8% in the third quarter. Ritholtz Wealth Management now owns 8,771 shares of the company’s stock worth $692,000 after buying an additional 1,194 shares during the last quarter. Finally, CX Institutional boosted its holdings in shares of Service Co. International by 8.0% in the third quarter. CX Institutional now owns 13,405 shares of the company’s stock worth $1,058,000 after buying an additional 991 shares during the last quarter. 85.53% of the stock is currently owned by institutional investors.

Insider Transactions at Service Co. International

In other news, Director Tony Coelho sold 2,555 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $85.64, for a total value of $218,810.20. Following the transaction, the director now owns 53,324 shares of the company’s stock, valued at approximately $4,566,667.36. The trade was a 4.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Elisabeth G. Nash sold 56,100 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $86.13, for a total transaction of $4,831,893.00. Following the completion of the transaction, the vice president now directly owns 109,260 shares in the company, valued at $9,410,563.80. This trade represents a 33.93 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 108,655 shares of company stock valued at $9,356,203. 5.10% of the stock is currently owned by corporate insiders.

Service Co. International Price Performance

SCI stock opened at $76.30 on Friday. Service Co. International has a one year low of $65.09 and a one year high of $89.37. The company’s fifty day moving average price is $80.56 and its 200-day moving average price is $79.50. The company has a debt-to-equity ratio of 2.91, a quick ratio of 0.48 and a current ratio of 0.52. The company has a market capitalization of $11.04 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 2.01 and a beta of 0.87.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Oppenheimer raised their price objective on shares of Service Co. International from $86.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Truist Financial raised their price objective on shares of Service Co. International from $84.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Raymond James lifted their price target on shares of Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, StockNews.com raised shares of Service Co. International from a “sell” rating to a “hold” rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $88.50.

Service Co. International Company Profile

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.