Linden Thomas Advisory Services LLC Has $237,000 Stock Holdings in Carriage Services, Inc. (NYSE:CSV)

Linden Thomas Advisory Services LLC grew its stake in shares of Carriage Services, Inc. (NYSE:CSV) by 21.5% during the 4th quarter, Holdings Channel reports. The firm owned 9,479 shares of the company’s stock after buying an additional 1,675 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Carriage Services were worth $237,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of 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 buying an additional 1,848 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in Carriage Services in the third quarter valued at $210,000. Channing Capital Management LLC bought a new position in shares of Carriage Services in the 3rd quarter valued at about $220,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Carriage Services during the 4th quarter worth about $272,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of Carriage Services in the 3rd quarter valued at about $274,000. Institutional investors own 66.46% of the company’s stock.

Carriage Services Price Performance

NYSE:CSV opened at $24.95 on Friday. The company has a market cap of $377.67 million, a P/E ratio of 11.60, a P/E/G ratio of 0.73 and a beta of 0.84. The firm’s fifty day moving average price is $25.39 and its two-hundred day moving average price is $24.33. Carriage Services, Inc. has a one year low of $18.06 and a one year high of $35.59. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.82 and a quick ratio of 0.65.

Carriage Services (NYSE:CSV) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.28. The business had revenue of $98.83 million for the quarter, compared to analyst estimates of $93.27 million. Carriage Services had a net margin of 8.73% and a return on equity of 21.39%. Equities analysts expect that Carriage Services, Inc. will post 2.25 earnings per share for the current year.

Carriage Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 6th will be paid a dividend of $0.1125 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.80%. Carriage Services’s dividend payout ratio (DPR) is currently 20.93%.

Insider Buying and Selling

In other Carriage Services news, EVP Steven D. Metzger sold 1,388 shares of the company’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 $35,505.04. Following the transaction, the executive vice president now directly owns 42,975 shares of the company’s stock, valued at approximately $1,099,300.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Carriage Services news, COO Carlos R. Quezada sold 1,666 shares of Carriage Services stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $25.58, for a total value of $42,616.28. Following the completion of the sale, the chief operating officer now owns 57,062 shares in the company, valued at approximately $1,459,645.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Steven D. Metzger sold 1,388 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $25.58, for a total transaction of $35,505.04. Following the completion of the sale, the executive vice president now directly owns 42,975 shares of the company’s stock, valued at approximately $1,099,300.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,372 shares of company stock valued at $369,521. Insiders own 12.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CSV. Barrington Research reiterated an “outperform” rating and set a $38.00 price target on shares of Carriage Services in a report on Friday, April 19th. StockNews.com downgraded Carriage Services from a “buy” rating to a “hold” rating in a research note on Friday, March 15th.

About Carriage Services

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.