Shares of Carriage Services Inc. (NYSE:CSV) traded up 1.7% during trading on Wednesday . The company traded as high as $24.61 and last traded at $24.58, with a volume of 80,181 shares changing hands. The stock had previously closed at $24.16.

A number of analysts recently commented on the company. Zacks Investment Research downgraded Carriage Services from a “buy” rating to a “hold” rating in a research report on Friday, May 6th. Barrington Research increased their price target on Carriage Services from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Tuesday, April 26th. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Carriage Services in a research report on Tuesday, April 26th. Finally, Sidoti assumed coverage on Carriage Services in a research report on Friday, April 22nd. They set a “buy” rating and a $34.00 price target for the company.

The stock has a market capitalization of $405.27 million and a price-to-earnings ratio of 23.28. The stock has a 50 day moving average price of $23.13 and a 200-day moving average price of $22.32.

Carriage Services (NYSE:CSV) last posted its quarterly earnings data on Monday, April 25th. The company reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.01. The firm had revenue of $63.30 million for the quarter, compared to the consensus estimate of $63.67 million. The firm’s revenue for the quarter was up .0% on a year-over-year basis. On average, analysts predict that Carriage Services Inc. will post $1.73 EPS for the current fiscal year.

In related news, President David J. Decarlo purchased 10,000 shares of the company’s stock in a transaction dated Friday, June 17th. The shares were purchased at an average cost of C$22.51 per share, with a total value of C$225,100.00. Following the transaction, the president now directly owns 106,047 shares in the company, valued at approximately C$2,387,117.97. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, insider Carl Benjamin Brink purchased 1,200 shares of the company’s stock in a transaction dated Wednesday, June 1st. The stock was bought at an average cost of C$23.54 per share, for a total transaction of C$28,248.00. Following the completion of the transaction, the insider now owns 5,999 shares in the company, valued at C$141,216.46. The disclosure for this purchase can be found here.

Several hedge funds recently modified their holdings of the company. Boston Partners bought a new stake in shares of Carriage Services during the fourth quarter worth approximately $2,172,000. Hodges Capital Management Inc. boosted its stake in shares of Carriage Services by 8.7% in the fourth quarter. Hodges Capital Management Inc. now owns 149,283 shares of the company’s stock worth $3,598,000 after buying an additional 11,970 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Carriage Services by 4,092.7% in the fourth quarter. Bank of Montreal Can now owns 313,028 shares of the company’s stock worth $7,544,000 after buying an additional 305,562 shares in the last quarter.

Carriage Services, Inc (Carriage) is a provider of death care services and merchandise in the United States. The Company operates in two segments: funeral home operations and cemetery operations. Its funeral homes operations segment provides funeral services (traditional burial and cremation) and sells related merchandise, such as caskets and urns.

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