Service Corporation International (SCI) : Ims Capital Management scooped up 590 additional shares in Service Corporation International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 43,674 shares of Service Corporation International which is valued at $1,171,773.Service Corporation International makes up approximately 1.32% of Ims Capital Management’s portfolio.
Other Hedge Funds, Including , Quantitative Investment Management sold out all of its stake in SCI during the most recent quarter. The investment firm sold 27,200 shares of SCI which is valued $729,776.Integrated Wealth Management boosted its stake in SCI in the latest quarter, The investment management firm added 205 additional shares and now holds a total of 505 shares of Service Corporation International which is valued at $13,549. Service Corporation International makes up approx 0.01% of Integrated Wealth Management’s portfolio.Rehmann Capital Advisory Group reduced its stake in SCI by selling 314 shares or 3.76% in the most recent quarter. The Hedge Fund company now holds 8,027 shares of SCI which is valued at $226,763. Service Corporation International makes up approx 0.04% of Rehmann Capital Advisory Group’s portfolio.Cwm boosted its stake in SCI in the latest quarter, The investment management firm added 9 additional shares and now holds a total of 221 shares of Service Corporation International which is valued at $6,336.Nordea Investment Management Ab reduced its stake in SCI by selling 48,919 shares or 66.57% in the most recent quarter. The Hedge Fund company now holds 24,569 shares of SCI which is valued at $702,673.
Service Corporation International opened for trading at $26.99 and hit $27.24 on the upside on Monday, eventually ending the session at $27.07, with a gain of 0.41% or 0.11 points. The heightened volatility saw the trading volume jump to 16,36,384 shares. Company has a market cap of $5,242 M.
On the company’s financial health, Service Corporation International reported $0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.29. The company had revenue of $751.70 million for the quarter, compared to analysts expectations of $767.11 million. The company’s revenue was down -.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.28 EPS.
Many Wall Street Analysts have commented on Service Corporation International. Service Corporation International was Initiated by Wells Fargo to “Market Perform” on Aug 2, 2016.
Service Corporation International is a provider of death care products and services. The Company has a network of funeral service locations and cemeteries operating in the United States and Canada. Its funeral service and cemetery operations consist of funeral service locations cemeteries funeral service/cemetery combination locations crematoria and related businesses. The Company’s segments include Funeral and Cemetery. The Company’s brands include Dignity Memorial Dignity Planning National Cremation Society Advantage Funeraria Del Angel Making Everlasting Memories and Neptune Society/Trident Society. The Company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a pre-need basis. The Company provides professional services relating to funerals and cremations including the use of funeral facilities and motor vehicles and preparation and embalming services.