Heartland Advisors Inc. decreased its stake in Carriage Services, Inc. (NYSE:CSV) by 18.6% in the third quarter, selling 47,250 shares and retaining 207,300 shares valued at $9.23 million. Despite this reduction, institutional investors collectively own 66.46% of the company, with notable recent purchases from entities like Vanguard Group Inc. and Ameriprise Financial Inc. Carriage Services also announced a quarterly dividend of $0.1125 per share, yielding approximately 1.0%, and analysts have a consensus “Moderate Buy” rating with a target price of $59.00.
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Heartland Advisors Inc. Reduces Position in Carriage Services, Inc. $CSV
Heartland Advisors Inc. decreased its stake in Carriage Services, Inc. (NYSE:CSV) by 18.6% in the third quarter, selling 47,250 shares and retaining 207,300 shares valued at $9.23 million. Despite this reduction, institutional investors collectively own 66.46% of the company, with notable recent purchases from entities like Vanguard Group Inc. and Ameriprise Financial Inc. Carriage Services also announced a quarterly dividend of $0.1125 per share, yielding approximately 1.0%, and analysts have a consensus “Moderate Buy” rating with a target price of $59.00.