StoneMor Partners L.P. (NYSE:STON) Director Fenton R. Talbott sold 18,535 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $2.19, for a total transaction of $40,591.65. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of StoneMor Partners stock traded down $0.14 during trading on Wednesday, hitting $1.95. 56,844 shares of the company’s stock were exchanged, compared to its average volume of 48,812. The company has a debt-to-equity ratio of 23.34, a current ratio of 1.65 and a quick ratio of 1.65. StoneMor Partners L.P. has a 52-week low of $1.93 and a 52-week high of $6.23.

StoneMor Partners (NYSE:STON) last issued its earnings results on Friday, May 10th. The company reported ($0.59) earnings per share (EPS) for the quarter. StoneMor Partners had a negative return on equity of 3,024.67% and a negative net margin of 20.79%. The business had revenue of $71.47 million for the quarter.

Institutional investors have recently modified their holdings of the stock. Wedbush Securities Inc. raised its holdings in shares of StoneMor Partners by 13.5% during the first quarter. Wedbush Securities Inc. now owns 27,770 shares of the company’s stock worth $105,000 after purchasing an additional 3,300 shares during the last quarter. Legacy Advisors LLC raised its holdings in shares of StoneMor Partners by 18.7% during the first quarter. Legacy Advisors LLC now owns 161,302 shares of the company’s stock worth $608,000 after purchasing an additional 25,454 shares during the last quarter. Citigroup Inc. raised its holdings in shares of StoneMor Partners by 51.7% during the fourth quarter. Citigroup Inc. now owns 124,549 shares of the company’s stock worth $261,000 after purchasing an additional 42,449 shares during the last quarter. Axar Capital Management L.P. raised its holdings in shares of StoneMor Partners by 7.4% during the fourth quarter. Axar Capital Management L.P. now owns 7,384,970 shares of the company’s stock worth $15,508,000 after purchasing an additional 505,637 shares during the last quarter. Finally, Prescott Group Capital Management L.L.C. purchased a new position in shares of StoneMor Partners during the fourth quarter worth $589,000. 53.67% of the stock is owned by hedge funds and other institutional investors.

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StoneMor Partners Company Profile

StoneMor Partners L.P., together with its subsidiaries, owns and operates cemeteries and funeral homes in the United States. It operates through two segments, Cemetery Operations and Funeral Home Operations. The company's cemetery products and services include interment rights, such as burial lots, lawn crypts, mausoleum crypts, cremation niches, and perpetual care rights; merchandise comprising burial vaults, caskets, grave markers and grave marker bases, and memorials; and installation services for burial vaults, caskets, and other cemetery merchandise, as well as others.

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Insider Buying and Selling by Quarter for StoneMor Partners (NYSE:STON)

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