Stewart Enterprises Inc (STEI)

Mario Gabelli and GAMCO Investors have revealed during the last week several moves involving companies such as Communications Systems, Inc. (NASDAQ:JCS), Lawson Products, Inc.

In a new filing with the Securities and Exchange Commission, Matthew Halbower's Pentwater Capital Management disclosed a new passive stake in Stewart Enterprises, Inc. (NASDAQ:STEI).

Now, according to many investors, hedge funds are perceived as bloated, outdated investment tools of a period lost to current times.

Though perhaps not a household name, Stewart Enterprises, Inc. (NASDAQ:STEI) is the second-largest funeral and cemetery goods and services company in the United States, trailing only Service Corporation...

If you were to ask many market players, hedge funds are viewed as delayed, old investment vehicles of a period lost to current times.

Steiner Leisure Ltd (NASDAQ:STNR) was in 10 hedge funds' portfolio at the end of the first quarter of 2013. STNR shareholders have witnessed an increase in enthusiasm from smart money lately.

Although the "deathcare" industry is usually predictable and unexciting, the pending merger between funeral services provider Service Corporation International (NYSE:SCI) and rival deathcare provider...

Service Corporation International (NYSE:SCI) has recently announced that it will acquire Stewart Enterprises, Inc. (NASDAQ:STEI) for around $13.25 per share.

Investing in death is one of the most unconventional thoughts in the financial fraternity. In most cases, those who invest in death never get to enjoy the benefits. The beneficiaries do.