1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership raised its stake in shares of Carriage Services, Inc. ( NYSE:CSV – Free Report ) by 16.9% during the 4th quarter, according to the company in its most recent filing with the SEC.
The firm owned 237,228 shares of the company’s stock after purchasing an additional 34,342 shares during the quarter. Arrowstreet Capital Limited Partnership owned 1.56% of Carriage Services worth $9,454,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in CSV. Geode Capital Management LLC increased its stake in Carriage Services by 4.4% during the third quarter.
Geode Capital Management LLC now owns 314,864 shares of the company’s stock valued at $10,339,000 after acquiring an additional 13,126 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Carriage Services by 14.2% during the 4th quarter.
Allspring Global Investments Holdings LLC now owns 149,949 shares of the company’s stock worth $5,975,000 after purchasing an additional 18,661 shares in the last quarter. Rhumbline Advisers increased its position in shares of Carriage Services by 60.8% during the fourth quarter.
Rhumbline Advisers now owns 32,226 shares of the company’s stock valued at $1,284,000 after purchasing an additional 12,180 shares during the period. Inspire Investing LLC bought a new stake in shares of Carriage Services during the fourth quarter valued at approximately $821,000. Finally, Barclays PLC raised its stake in shares of Carriage Services by 228.
6% in the third quarter. Barclays PLC now owns 20,433 shares of the company’s stock valued at $671,000 after purchasing an additional 14,215 shares in the last quarter. Institutional investors and hedge funds own 66.
46% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have weighed in on CSV. StockNews.
com downgraded shares of Carriage Services from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. Barrington Research reiterated an “outperform” rating and set a $50.00 target price on shares of Carriage Services in a research report on Friday, February 28th.
Carriage Services Trading Down 2.7 % Shares of CSV opened at $37.58 on Monday.
The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 2.
03. The stock has a market cap of $588.19 million, a PE ratio of 16.
85, a PEG ratio of 0.97 and a beta of 0.77.
Carriage Services, Inc. has a 1 year low of $23.20 and a 1 year high of $42.
75. The stock has a 50 day simple moving average of $39.70 and a 200-day simple moving average of $38.
04. Carriage Services ( NYSE:CSV – Get Free Report ) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.
62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.11.
The firm had revenue of $97.70 million during the quarter, compared to analyst estimates of $96.72 million.
Carriage Services had a return on equity of 23.52% and a net margin of 8.57%.
During the same period in the prior year, the company posted $0.77 earnings per share. On average, sell-side analysts predict that Carriage Services, Inc.
will post 2.5 EPS for the current fiscal year. Carriage Services Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd.
Shareholders of record on Monday, February 3rd were paid a $0.1125 dividend. The ex-dividend date was Monday, February 3rd.
This represents a $0.45 dividend on an annualized basis and a yield of 1.20%.
Carriage Services’s payout ratio is presently 21.43%. Carriage Services Profile ( Free Report ) Carriage Services, Inc provides funeral and cemetery services, and merchandise in the United States.
It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise. Featured Stories Five stocks we like better than Carriage Services What is a SEC Filing? Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? How to Calculate Retirement Income: MarketBeat’s Calculator Disney 2025 Shareholders: Major Updates for Investors Learn Technical Analysis Skills to Master the Stock Market Advance Auto Parts Stock: A Classic Rebound Play in the Making Receive News & Ratings for Carriage Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carriage Services and related companies with MarketBeat.
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