Cooke & Bieler LP increased its position in Stewart Information Services Corp. (NYSE:STC) by 4.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 339,756 shares of the company’s stock after buying an additional 13,870 shares during the period. Cooke & Bieler LP owned 1.45% of Stewart Information Services Corp. worth $14,069,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of STC. Capstone Asset Management Co. raised its position in shares of Stewart Information Services Corp. by 2.8% in the second quarter. Capstone Asset Management Co. now owns 9,413 shares of the company’s stock worth $390,000 after buying an additional 260 shares in the last quarter. Alpha Windward LLC acquired a new position in shares of Stewart Information Services Corp. during the second quarter worth $455,000. BNP Paribas Arbitrage SA raised its position in shares of Stewart Information Services Corp. by 125.1% in the second quarter. BNP Paribas Arbitrage SA now owns 7,368 shares of the company’s stock worth $305,000 after buying an additional 4,095 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of Stewart Information Services Corp. during the first quarter worth $638,000. Finally, Renaissance Technologies LLC raised its position in shares of Stewart Information Services Corp. by 50.0% in the first quarter. Renaissance Technologies LLC now owns 473,800 shares of the company’s stock worth $17,189,000 after buying an additional 158,000 shares in the last quarter. Institutional investors and hedge funds own 90.22% of the company’s stock.

Institutional Ownership by Quarter for Stewart Information Services Corp. (NYSE:STC)

Shares of Stewart Information Services Corp. (NYSE:STC) traded down 1.05% during midday trading on Tuesday, reaching $46.14. 272,795 shares of the company’s stock traded hands. Stewart Information Services Corp. has a one year low of $30.34 and a one year high of $48.60. The firm’s market capitalization is $1.08 billion. The stock’s 50-day moving average price is $45.43 and its 200 day moving average price is $41.15.

Stewart Information Services Corp. (NYSE:STC) last released its quarterly earnings results on Thursday, July 21st. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.02. Stewart Information Services Corp. had a net margin of 0.08% and a return on equity of 8.01%. The firm earned $489.40 million during the quarter, compared to analyst estimates of $569.04 million. During the same quarter in the prior year, the firm earned $1.05 EPS. The business’s revenue for the quarter was down 8.0% compared to the same quarter last year. On average, equities research analysts expect that Stewart Information Services Corp. will post $2.40 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.57%. The ex-dividend date was Tuesday, September 13th. Stewart Information Services Corp.’s payout ratio is currently -260.87%.

STC has been the subject of a number of research reports. TheStreet upgraded shares of Stewart Information Services Corp. from a “hold” rating to a “buy” rating in a research report on Friday, June 24th. Zacks Investment Research upgraded shares of Stewart Information Services Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, September 14th. FBR & Co increased their target price on shares of Stewart Information Services Corp. from $37.00 to $46.00 and gave the stock a “mkt perform” rating in a research report on Friday, July 22nd. Langen Mcalenn lowered shares of Stewart Information Services Corp. from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 31st. Finally, Janney Montgomery Scott lowered shares of Stewart Information Services Corp. from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 31st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $33.05.

About Stewart Information Services Corp.

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through three segments: title insurance and related services, mortgage services and corporate.

5 Day Chart for NYSE:STC

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