Service Co. International (NYSE:SCI) was the recipient of some unusual options trading activity on Monday. Investors bought 2,775 call options on the company. This is an increase of 2,035% compared to the average volume of 130 call options.

NYSE SCI opened at $44.70 on Tuesday. The company has a quick ratio of 0.49, a current ratio of 0.54 and a debt-to-equity ratio of 2.38. The company has a market capitalization of $8.13 billion, a price-to-earnings ratio of 28.84, a price-to-earnings-growth ratio of 1.98 and a beta of 1.03. Service Co. International has a 12-month low of $35.19 and a 12-month high of $45.42.

Service Co. International (NYSE:SCI) last posted its earnings results on Monday, October 29th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.01). The business had revenue of $778.80 million during the quarter, compared to analyst estimates of $762.60 million. Service Co. International had a net margin of 15.76% and a return on equity of 22.47%. Service Co. International’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 earnings per share. As a group, analysts anticipate that Service Co. International will post 1.82 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Thursday, December 13th. Service Co. International’s dividend payout ratio (DPR) is presently 43.87%.

In related news, CEO Thomas L. Ryan sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $44.86, for a total transaction of $2,243,000.00. Following the transaction, the chief executive officer now directly owns 976,138 shares of the company’s stock, valued at $43,789,550.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tammy R. Moore sold 24,500 shares of the business’s stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $45.00, for a total transaction of $1,102,500.00. Following the transaction, the insider now directly owns 64,113 shares in the company, valued at $2,885,085. The disclosure for this sale can be found here. Insiders have sold 355,100 shares of company stock worth $15,711,115 over the last ninety days. 6.60% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. lifted its stake in Service Co. International by 3.0% in the second quarter. BlackRock Inc. now owns 17,373,394 shares of the company’s stock valued at $621,792,000 after acquiring an additional 499,259 shares during the last quarter. Select Equity Group L.P. lifted its stake in Service Co. International by 1.2% in the third quarter. Select Equity Group L.P. now owns 10,328,848 shares of the company’s stock valued at $456,535,000 after acquiring an additional 117,610 shares during the last quarter. Baillie Gifford & Co. acquired a new stake in Service Co. International in the third quarter valued at approximately $358,950,000. First Manhattan Co. lifted its stake in Service Co. International by 13.0% in the third quarter. First Manhattan Co. now owns 4,098,667 shares of the company’s stock valued at $181,161,000 after acquiring an additional 469,944 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in Service Co. International by 4.9% in the second quarter. Acadian Asset Management LLC now owns 2,962,712 shares of the company’s stock valued at $106,036,000 after acquiring an additional 137,876 shares during the last quarter. Hedge funds and other institutional investors own 89.73% of the company’s stock.

A number of research analysts recently commented on SCI shares. ValuEngine raised shares of Service Co. International from a “hold” rating to a “buy” rating in a research report on Monday, September 17th. Zacks Investment Research raised shares of Service Co. International from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research report on Thursday, August 2nd. Oppenheimer boosted their price objective on shares of Service Co. International from $42.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, October 26th. Credit Suisse Group boosted their price objective on shares of Service Co. International from $46.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, September 17th. Finally, Raymond James boosted their price objective on shares of Service Co. International from $45.00 to $47.00 and gave the company a “strong-buy” rating in a research report on Wednesday, October 31st. Two investment analysts have rated the stock with a sell rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $46.17.

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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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