Credit Suisse Group reaffirmed their outperform rating on shares of Service Corporation International (NYSE:SCI) in a report released on Friday. The brokerage currently has a $40.00 price target on the stock, up from their prior price target of $38.00.

A number of other analysts have also weighed in on SCI. BidaskClub raised shares of Service Corporation International from a hold rating to a buy rating in a research report on Thursday, July 6th. Oppenheimer Holdings, Inc. reaffirmed an outperform rating and set a $37.00 target price (up from $34.00) on shares of Service Corporation International in a research report on Friday, July 21st. Finally, Zacks Investment Research raised shares of Service Corporation International from a hold rating to a buy rating and set a $39.00 target price on the stock in a research report on Tuesday, August 1st. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $39.75.

Service Corporation International (SCI) traded up $0.79 during trading on Friday, reaching $35.85. 941,438 shares of the company were exchanged, compared to its average volume of 1,226,069. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.70 and a quick ratio of 0.65. Service Corporation International has a 12 month low of $24.90 and a 12 month high of $35.94. The stock has a market cap of $6,720.80, a price-to-earnings ratio of 23.43, a P/E/G ratio of 2.14 and a beta of 0.96.

Service Corporation International (NYSE:SCI) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.06. Service Corporation International had a net margin of 11.83% and a return on equity of 24.85%. The company had revenue of $731.30 million for the quarter, compared to analyst estimates of $735.62 million. During the same period in the prior year, the company posted $0.26 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. equities analysts predict that Service Corporation International will post 1.49 EPS for the current year.

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In other news, insider Michael R. Webb sold 202,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $34.70, for a total transaction of $7,009,400.00. Following the transaction, the insider now directly owns 622,903 shares of the company’s stock, valued at $21,614,734.10. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director W Blair Waltrip sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $35.07, for a total transaction of $70,140.00. Following the transaction, the director now directly owns 661,409 shares in the company, valued at $23,195,613.63. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 604,800 shares of company stock worth $21,109,153. Corporate insiders own 6.20% of the company’s stock.

Several large investors have recently modified their holdings of SCI. OppenheimerFunds Inc. increased its holdings in Service Corporation International by 8.7% during the first quarter. OppenheimerFunds Inc. now owns 24,481 shares of the company’s stock valued at $756,000 after buying an additional 1,953 shares during the period. Wellington Management Group LLP increased its holdings in Service Corporation International by 112.2% during the first quarter. Wellington Management Group LLP now owns 203,606 shares of the company’s stock valued at $6,288,000 after buying an additional 107,674 shares during the period. Teachers Advisors LLC increased its holdings in Service Corporation International by 4.5% during the first quarter. Teachers Advisors LLC now owns 218,835 shares of the company’s stock valued at $6,758,000 after buying an additional 9,350 shares during the period. PNC Financial Services Group Inc. increased its holdings in Service Corporation International by 4.5% during the first quarter. PNC Financial Services Group Inc. now owns 8,677 shares of the company’s stock valued at $267,000 after buying an additional 375 shares during the period. Finally, Thrivent Financial For Lutherans increased its holdings in Service Corporation International by 9.0% during the first quarter. Thrivent Financial For Lutherans now owns 35,360 shares of the company’s stock valued at $1,092,000 after buying an additional 2,920 shares during the period. 85.54% of the stock is currently owned by institutional investors and hedge funds.

About Service Corporation International

Service Corporation International is a provider of deathcare products and services, with a network of funeral service locations and cemeteries. The Company’s segments include Funeral, Cemetery and Corporate. It conducts both funeral and cemetery operations in the United States and Canada. As December 31, 2016, it operated 1,502 funeral service locations and 470 cemeteries, including 281 funeral service/cemetery combination locations, which are geographically diversified across 45 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.

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