Short Interest to Follow: A Reversal for Carriage Services Incorporated (NYSE:CSV) Is Near. The Stock Has Decrease in Shorts

November 30, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest to Follow: A Reversal for Carriage Services Incorporated (NYSE:CSV) Is Near. The Stock Has Decrease in Shorts

The stock of Carriage Services Incorporated (NYSE:CSV) registered a decrease of 2.03% in short interest. CSV’s total short interest was 1.85M shares in November as published by FINRA. Its down 2.03% from 1.89M shares, reported previously. With 107,300 shares average volume, it will take short sellers 17 days to cover their CSV’s short positions. The short interest to Carriage Services Incorporated’s float is 12.75%. About 22,858 shares traded hands. Carriage Services, Inc. (NYSE:CSV) has risen 10.81% since April 27, 2016 and is uptrending. It has outperformed by 5.58% the S&P500.

Carriage Services, Inc. is a provider of death care services and merchandise in the United States. The company has a market cap of $450.17 million. The Firm operates in two business divisions: Funeral Home Operations and Cemetery Operations. It has a 22.52 P/E ratio. The Funeral Homes segment provides funeral services and sells related merchandise, such as caskets and urns.

Insitutional Activity: The institutional sentiment increased to 1.31 in 2016 Q2. Its up 0.53, from 0.78 in 2016Q1. The ratio is positive, as 7 funds sold all Carriage Services, Inc. shares owned while 39 reduced positions. 10 funds bought stakes while 26 increased positions. They now own 12.56 million shares or 3.03% less from 12.96 million shares in 2016Q1.
Moreover, Mechanics Bankshares Trust Department has 0.09% invested in Carriage Services, Inc. (NYSE:CSV) for 10,000 shares. Blackrock Advsr Lc accumulated 0% or 7,783 shares. The New York-based Brant Point Investment Lc has invested 0.11% in Carriage Services, Inc. (NYSE:CSV). Stevens Cap Management L P has 9,449 shares for 0.01% of their US portfolio. Dimensional Fund Advsr Ltd Partnership accumulated 1.41 million shares or 0.02% of the stock. Qs Ltd last reported 0% of its portfolio in the stock. The California-based Analytic Invsts Limited Liability Company has invested 0.01% in Carriage Services, Inc. (NYSE:CSV). Stratos Wealth Prtn Limited accumulated 156,625 shares or 0.28% of the stock. Lsv Asset Mgmt holds 0% or 86,120 shares in its portfolio. Hodges Capital Mngmt reported 124,715 shares or 0.14% of all its holdings. Ci Global accumulated 400 shares or 0% of the stock. Parametric Portfolio Assocs Ltd accumulated 0% or 56,159 shares. Blackrock accumulated 0% or 1,691 shares. The New York-based Jpmorgan Chase & has invested 0% in Carriage Services, Inc. (NYSE:CSV). Massachusetts Fincl Service Ma has invested 0% of its portfolio in Carriage Services, Inc. (NYSE:CSV).

Insider Transactions: Since June 1, 2016, the stock had 1 insider purchase, and 0 sales for $117,600 net activity. The insider Brink Carl Benjamin bought 1,200 shares worth $28,248. Leibman Bryan bought 5,000 shares worth $117,600.

Carriage Services, Inc. (NYSE:CSV) Ratings Coverage

Out of 2 analysts covering Carriage Services (NYSE:CSV), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Carriage Services has been the topic of 2 analyst reports since November 11, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Thursday, September 22 by Barrington Research. The firm has “Outperform” rating by Oppenheimer given on Wednesday, November 11.

CSV Company Profile

Carriage Services, Inc., incorporated on December 29, 1993, is a well-known provider of death care services and merchandise in the United States. The Firm operates in two business divisions: Funeral Home Operations and Cemetery Operations. The Firm serves suburban and rural markets. The Firm provides funeral and cemetery services and products on both at-need (time of death) and preneed (planned prior to death) basis. The Firm also maintains various trusts in connection with funeral home and cemetery operations, including preneed funeral trusts, preneed cemetery merchandise and service trusts, and cemetery perpetual care trusts.

More notable recent Carriage Services, Inc. (NYSE:CSV) news were published by: Streetinsider.com which released: “Form 4 CARRIAGE SERVICES INC For: Nov 22 Filed by: PAYNE MELVIN C” on March 04, 2016, also Prnewswire.com with their article: “Carriage Services Announces Purchase of Becker Ritter Funeral Home in …” published on November 08, 2016, Prnewswire.com published: “Carriage Services Announces Purchase of Jay Chapel in Madera, California” on September 20, 2016. More interesting news about Carriage Services, Inc. (NYSE:CSV) were released by: Bizjournals.com and their article: “Long-established local funeral service aligns with Houston’s Carriage Services” published on November 16, 2016 as well as Prnewswire.com‘s news article titled: “Carriage Services to Attend the Sidoti & Company Fall 2016 Emerging Growth …” with publication date: November 01, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Winifred Garcia


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>