Values First Advisors Inc. Has $428,000 Stock Position in Carriage Services, Inc. (NYSE:CSV)

Values First Advisors Inc. lifted its stake in shares of Carriage Services, Inc. (NYSE:CSV) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,096 shares of the company’s stock after purchasing an additional 1,185 shares during the quarter. Values First Advisors Inc.’s holdings in Carriage Services were worth $428,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in Carriage Services by 527.3% in the first quarter. Tower Research Capital LLC TRC now owns 828 shares of the company’s stock valued at $25,000 after buying an additional 696 shares in the last quarter. FMR LLC boosted its stake in Carriage Services by 98.5% in the first quarter. FMR LLC now owns 1,179 shares of the company’s stock valued at $36,000 after buying an additional 585 shares in the last quarter. Advisor Group Holdings Inc. raised its position in Carriage Services by 107.8% in the fourth quarter. Advisor Group Holdings Inc. now owns 2,342 shares of the company’s stock valued at $65,000 after purchasing an additional 1,215 shares during the last quarter. Point72 Hong Kong Ltd raised its position in Carriage Services by 35.3% in the second quarter. Point72 Hong Kong Ltd now owns 1,655 shares of the company’s stock valued at $66,000 after purchasing an additional 432 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Carriage Services by 89.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,907 shares of the company’s stock valued at $110,000 after purchasing an additional 1,848 shares during the last quarter. 66.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Carriage Services

In other Carriage Services news, COO Carlos R. Quezada sold 1,666 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $25.58, for a total value of $42,616.28. Following the sale, the chief operating officer now directly owns 57,062 shares in the company, valued at $1,459,645.96. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Carriage Services news, Director Charles Fargason bought 6,000 shares of Carriage Services stock in a transaction that occurred on Tuesday, March 19th. The stock was acquired at an average cost of $25.58 per share, for a total transaction of $153,480.00. Following the completion of the transaction, the director now directly owns 14,640 shares in the company, valued at $374,491.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Carlos R. Quezada sold 1,666 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $25.58, for a total value of $42,616.28. Following the transaction, the chief operating officer now owns 57,062 shares of the company’s stock, valued at $1,459,645.96. The disclosure for this sale can be found here. Insiders have sold a total of 14,372 shares of company stock worth $369,521 over the last ninety days. 12.10% of the stock is currently owned by company insiders.

Carriage Services Stock Performance

CSV stock traded up $0.03 during midday trading on Thursday, hitting $27.04. The company’s stock had a trading volume of 77,171 shares, compared to its average volume of 94,957. The stock’s 50-day moving average price is $25.18 and its 200 day moving average price is $24.90. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.32. Carriage Services, Inc. has a 1 year low of $18.06 and a 1 year high of $35.59. The stock has a market cap of $409.39 million, a price-to-earnings ratio of 12.56, a PEG ratio of 0.79 and a beta of 0.83.

Carriage Services (NYSE:CSV) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.28. Carriage Services had a return on equity of 21.39% and a net margin of 8.73%. The business had revenue of $98.83 million for the quarter, compared to analysts’ expectations of $93.27 million. On average, equities analysts forecast that Carriage Services, Inc. will post 2.25 EPS for the current year.

Carriage Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 5th were paid a $0.1125 dividend. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $0.45 annualized dividend and a dividend yield of 1.66%. Carriage Services’s payout ratio is presently 20.93%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CSV shares. StockNews.com cut Carriage Services from a “buy” rating to a “hold” rating in a research report on Friday, March 15th. Barrington Research reaffirmed an “outperform” rating and set a $38.00 target price on shares of Carriage Services in a research report on Friday, February 23rd.

Carriage Services Profile

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.