Carriage Services, Inc. (NYSE:CSV) Director James Raymond Schenck acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The stock was acquired at an average price of $24.25 per share, with a total value of $24,250.00. Following the acquisition, the director now owns 4,061 shares in the company, valued at $98,479.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Carriage Services, Inc. (CSV) traded down 0.17% on Monday, reaching $24.11. 43,943 shares of the company’s stock traded hands. The firm has a market cap of $403.12 million, a PE ratio of 20.41 and a beta of 0.92. The firm’s 50-day moving average is $25.55 and its 200 day moving average is $26.44. Carriage Services, Inc. has a 12 month low of $22.53 and a 12 month high of $29.11.

Carriage Services (NYSE:CSV) last announced its earnings results on Wednesday, July 26th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by $0.10. The business had revenue of $63.87 million for the quarter, compared to the consensus estimate of $64.35 million. Carriage Services had a net margin of 8.35% and a return on equity of 15.25%. Carriage Services’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.37 EPS. Equities analysts predict that Carriage Services, Inc. will post $1.62 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, August 14th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.83%. Carriage Services’s dividend payout ratio is presently 16.95%.

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Several research firms have issued reports on CSV. Zacks Investment Research lowered shares of Carriage Services from a “hold” rating to a “strong sell” rating in a report on Monday, July 31st. BidaskClub lowered shares of Carriage Services from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Jefferies Group LLC restated a “hold” rating and set a $82.00 price target on shares of Carriage Services in a report on Monday, June 12th.

Institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc increased its position in Carriage Services by 0.8% in the first quarter. Legal & General Group Plc now owns 4,044 shares of the company’s stock worth $110,000 after buying an additional 31 shares during the period. Acrospire Investment Management LLC increased its position in Carriage Services by 820.7% in the second quarter. Acrospire Investment Management LLC now owns 4,263 shares of the company’s stock worth $115,000 after buying an additional 3,800 shares during the period. Baker Ellis Asset Management LLC increased its position in Carriage Services by 2.5% in the second quarter. Baker Ellis Asset Management LLC now owns 6,150 shares of the company’s stock worth $166,000 after buying an additional 150 shares during the period. Trexquant Investment LP purchased a new position in Carriage Services during the second quarter worth about $202,000. Finally, Alliancebernstein L.P. purchased a new position in Carriage Services during the second quarter worth about $229,000. Institutional investors own 86.93% of the company’s stock.

About Carriage Services

Carriage Services, Inc is a provider of death care services and merchandise in the United States. The Company operates in two business segments: Funeral Home Operations and Cemetery Operations. The Funeral Homes segment provides funeral services (traditional burial and cremation) and sells related merchandise, such as caskets and urns.

Insider Buying and Selling by Quarter for Carriage Services (NYSE:CSV)

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