Shares of Service Co. International (NYSE:SCI) have received an average rating of “Buy” from the five brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $48.50.

Several research analysts have recently issued reports on the stock. ValuEngine downgraded shares of Yext from a “strong-buy” rating to a “buy” rating in a report on Friday, May 10th. Zacks Investment Research downgraded shares of GenMark Diagnostics from a “hold” rating to a “sell” rating in a report on Wednesday, April 24th.

SCI traded up $0.19 during trading on Friday, hitting $47.13. 12,655 shares of the stock traded hands, compared to its average volume of 715,441. Service Co. International has a twelve month low of $37.03 and a twelve month high of $47.87. The firm has a market cap of $8.63 billion, a P/E ratio of 26.33, a price-to-earnings-growth ratio of 2.17 and a beta of 0.92. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.44 and a current ratio of 0.48. The business’s 50 day moving average is $46.01.

Service Co. International (NYSE:SCI) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. The company had revenue of $798.20 million during the quarter, compared to the consensus estimate of $791.85 million. Service Co. International had a net margin of 13.92% and a return on equity of 21.13%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. On average, analysts forecast that Service Co. International will post 1.95 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.72 annualized dividend and a dividend yield of 1.53%. Service Co. International’s dividend payout ratio (DPR) is presently 40.22%.

In related news, CEO Thomas L. Ryan sold 100,000 shares of the stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $43.22, for a total value of $4,322,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,122,809 shares in the company, valued at $48,527,804.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Gregory T. Sangalis sold 14,107 shares of the stock in a transaction on Friday, May 31st. The shares were sold at an average price of $44.00, for a total value of $620,708.00. Following the completion of the sale, the vice president now owns 169,383 shares of the company’s stock, valued at $7,452,852. The disclosure for this sale can be found here. Insiders have sold 409,287 shares of company stock valued at $17,844,533 over the last quarter. Company insiders own 5.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Metropolitan Life Insurance Co. NY increased its holdings in Service Co. International by 0.5% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 55,911 shares of the company’s stock valued at $2,251,000 after purchasing an additional 277 shares during the period. Global Retirement Partners LLC boosted its position in Service Co. International by 80.5% during the fourth quarter. Global Retirement Partners LLC now owns 789 shares of the company’s stock valued at $32,000 after acquiring an additional 352 shares during the last quarter. Lincoln Capital Corp boosted its position in Service Co. International by 0.5% during the first quarter. Lincoln Capital Corp now owns 89,030 shares of the company’s stock valued at $3,575,000 after acquiring an additional 437 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in Service Co. International by 1.0% during the first quarter. Louisiana State Employees Retirement System now owns 48,500 shares of the company’s stock valued at $1,947,000 after acquiring an additional 500 shares during the last quarter. Finally, First Republic Investment Management Inc. boosted its position in Service Co. International by 3.0% during the first quarter. First Republic Investment Management Inc. now owns 18,788 shares of the company’s stock valued at $754,000 after acquiring an additional 550 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

About Service Co. International

Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.

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