BidaskClub upgraded shares of Stewart Information Services Corporation (NYSE:STC) from a hold rating to a buy rating in a report issued on Tuesday, July 11th.

Separately, Keefe, Bruyette & Woods reaffirmed a sell rating and issued a $41.00 price objective on shares of Stewart Information Services Corporation in a report on Tuesday, May 30th. Four investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Stewart Information Services Corporation currently has an average rating of Sell and a consensus price target of $46.00.

Shares of Stewart Information Services Corporation (STC) traded up 2.50% during trading on Tuesday, hitting $39.84. The stock had a trading volume of 169,047 shares. The stock has a 50 day moving average of $44.08 and a 200 day moving average of $44.37. The firm has a market cap of $945.84 million, a PE ratio of 14.27 and a beta of 0.77. Stewart Information Services Corporation has a 52-week low of $38.67 and a 52-week high of $48.60.

Stewart Information Services Corporation (NYSE:STC) last issued its quarterly earnings results on Thursday, July 20th. The insurance provider reported $0.79 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.03 by $0.24. The company had revenue of $485.50 million for the quarter, compared to analyst estimates of $503.05 million. Stewart Information Services Corporation had a net margin of 3.27% and a return on equity of 9.77%. The company’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS. On average, equities analysts anticipate that Stewart Information Services Corporation will post $2.43 EPS for the current year.

WARNING: This story was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/08/07/stewart-information-services-corporation-nysestc-upgraded-to-buy-at-bidaskclub-updated-updated-updated.html.

In related news, insider Nicholas Galea sold 141,000 shares of the stock in a transaction on Tuesday, July 11th. The shares were sold at an average price of $0.48, for a total transaction of $67,680.00. Insiders have purchased 42,000 shares of company stock worth $33,020 over the last three months. 2.20% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its position in Stewart Information Services Corporation by 53,457.8% in the first quarter. BlackRock Inc. now owns 2,908,725 shares of the insurance provider’s stock valued at $128,507,000 after buying an additional 2,903,294 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Stewart Information Services Corporation by 6.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,869,728 shares of the insurance provider’s stock valued at $82,604,000 after buying an additional 114,878 shares during the last quarter. Vanguard Group Inc. increased its position in Stewart Information Services Corporation by 7.8% in the first quarter. Vanguard Group Inc. now owns 1,160,008 shares of the insurance provider’s stock valued at $51,250,000 after buying an additional 84,343 shares during the last quarter. Wells Fargo & Company MN increased its position in Stewart Information Services Corporation by 16.7% in the first quarter. Wells Fargo & Company MN now owns 639,730 shares of the insurance provider’s stock valued at $28,263,000 after buying an additional 91,777 shares during the last quarter. Finally, State Street Corp increased its position in Stewart Information Services Corporation by 6.4% in the first quarter. State Street Corp now owns 558,487 shares of the insurance provider’s stock valued at $24,675,000 after buying an additional 33,451 shares during the last quarter. 93.13% of the stock is currently owned by institutional investors and hedge funds.

About Stewart Information Services Corporation

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 two segments: title insurance and ancillary services and corporate.

Receive News & Stock Ratings for Stewart Information Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stewart Information Services Corporation and related stocks with our FREE daily email newsletter.