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Service Intl (SCI) Holder First Republic Investment Management Lowered Holding; Investment Management Of Virginia Increased Holding in At&T (T) as Market Value Declined

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First Republic Investment Management Inc decreased its stake in Service Corp Intl (SCI) by 28.22% based on its latest 2017Q4 regulatory filing with the SEC. First Republic Investment Management Inc sold 9,696 shares as the company’s stock rose 0.24% while stock markets declined. The hedge fund held 24,666 shares of the other consumer services company at the end of 2017Q4, valued at $921,000, down from 34,362 at the end of the previous reported quarter. First Republic Investment Management Inc who had been investing in Service Corp Intl for a number of months, seems to be less bullish one the $7.19 billion market cap company. The stock increased 0.80% or $0.31 during the last trading session, reaching $39.01. About 114,700 shares traded. Service Corporation International (NYSE:SCI) has risen 22.48% since April 18, 2017 and is uptrending. It has outperformed by 10.93% the S&P500.

Investment Management Of Virginia Llc increased its stake in At&T Inc. (T) by 130.84% based on its latest 2017Q4 regulatory filing with the SEC. Investment Management Of Virginia Llc bought 109,683 shares as the company’s stock declined 10.37% with the market. The institutional investor held 193,513 shares of the telecommunications equipment company at the end of 2017Q4, valued at $7.52M, up from 83,830 at the end of the previous reported quarter. Investment Management Of Virginia Llc who had been investing in At&T Inc. for a number of months, seems to be bullish on the $229.02B market cap company. The stock decreased 0.28% or $0.1 during the last trading session, reaching $35.26. About 4.88 million shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since April 18, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Among 31 analysts covering AT&T Inc. (NYSE:T), 12 have Buy rating, 1 Sell and 18 Hold. Therefore 39% are positive. AT&T Inc. had 78 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of T in report on Saturday, September 5 with “Outperform” rating. The rating was downgraded by Moffet Nathanson on Friday, April 1 to “Sell”. Bank of America maintained it with “Neutral” rating and $40 target in Friday, February 2 report. As per Friday, April 13, the company rating was maintained by Barclays Capital. The rating was maintained by Citigroup on Friday, November 10 with “Buy”. As per Friday, June 24, the company rating was downgraded by Buckingham Research. The firm earned “Buy” rating on Wednesday, March 28 by HSBC. The firm earned “Equal-Weight” rating on Wednesday, October 26 by Barclays Capital. The company was maintained on Friday, July 24 by FBR Capital. The firm has “Neutral” rating by UBS given on Wednesday, September 28.

Investment Management Of Virginia Llc, which manages about $421.36M US Long portfolio, decreased its stake in Noble Energy Inc (NYSE:NBL) by 21,291 shares to 75,245 shares, valued at $2.19 million in 2017Q4, according to the filing. It also reduced its holding in Schlumberger Limited (NYSE:SLB) by 57,892 shares in the quarter, leaving it with 62,261 shares, and cut its stake in Dsw Inc. (NYSE:DSW).

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It dived, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Brick And Kyle reported 65,633 shares. Community Natl Bank Of Raymore reported 115,049 shares. Valley Advisers holds 1.23% or 90,760 shares. Carlson reported 39,713 shares or 0.41% of all its holdings. Beach Invest Counsel Inc Pa has 0.11% invested in AT&T Inc. (NYSE:T) for 30,008 shares. Smith Asset Mngmt Ltd Partnership reported 93 shares stake. Rech And invested in 0.47% or 38,843 shares. Hallmark Capital Incorporated holds 0.28% or 59,428 shares. Country Retail Bank reported 17,466 shares. Grimes And Incorporated invested 0.32% in AT&T Inc. (NYSE:T). Putnam Invests Ltd Liability Corp reported 7.66M shares. Beck Mack And Oliver Ltd Limited Liability Company has invested 0.06% of its portfolio in AT&T Inc. (NYSE:T). Rothschild Investment Corp Il stated it has 345,108 shares or 1.46% of all its holdings. Gradient Invests Ltd Liability Corporation has 269,080 shares. Moreover, Augustine Asset has 0.51% invested in AT&T Inc. (NYSE:T) for 23,175 shares.

Investors sentiment increased to 1.4 in 2017 Q4. Its up 0.17, from 1.23 in 2017Q3. It improved, as 28 investors sold SCI shares while 81 reduced holdings. 45 funds opened positions while 108 raised stakes. 153.16 million shares or 0.03% more from 153.11 million shares in 2017Q3 were reported. 1.49 million are owned by Geode Cap Management Limited Liability Co. Bb&T Corp has invested 0.02% in Service Corporation International (NYSE:SCI). Covington Management reported 218 shares. 479,914 are owned by Balyasny Asset Limited Company. Macquarie Gp Limited invested in 0.09% or 1.31M shares. Louisiana State Employees Retirement System owns 47,400 shares. New York-based Howe And Rusling has invested 0% in Service Corporation International (NYSE:SCI). Brandywine Glob Investment Lc stated it has 43,146 shares or 0.01% of all its holdings. 38,267 were accumulated by Amalgamated State Bank. Teacher Retirement Of Texas stated it has 0.02% in Service Corporation International (NYSE:SCI). Sarasin & Partners Llp reported 3.75 million shares or 2.72% of all its holdings. Envestnet Asset Mngmt Inc reported 17,363 shares. Artisan Prns Partnership reported 0.01% stake. 700 were reported by Paradigm Asset Management Company Limited Liability Corporation. Voya Invest Mgmt Lc has 69,841 shares for 0.01% of their portfolio.

Since December 11, 2017, it had 0 insider buys, and 2 sales for $3.33 million activity. COELHO TONY had sold 3,110 shares worth $121,632 on Friday, February 16.

Analysts await Service Corporation International (NYSE:SCI) to report earnings on April, 25. They expect $0.42 earnings per share, up 10.53% or $0.04 from last year’s $0.38 per share. SCI’s profit will be $77.44M for 23.22 P/E if the $0.42 EPS becomes a reality. After $0.50 actual earnings per share reported by Service Corporation International for the previous quarter, Wall Street now forecasts -16.00% negative EPS growth.

Service Corporation International (NYSE:SCI) Institutional Positions Chart

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