Municipal Employees Retirement System of Michigan lifted its position in shares of Stewart Information Services Corporation (NYSE:STC) by 4.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,820 shares of the insurance provider’s stock after buying an additional 3,280 shares during the period. Municipal Employees Retirement System of Michigan owned approximately 0.36% of Stewart Information Services Corporation worth $3,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its holdings in shares of Stewart Information Services Corporation by 65.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 146,869 shares of the insurance provider’s stock worth $6,665,000 after buying an additional 58,112 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Stewart Information Services Corporation by 17.2% during the 3rd quarter. Fisher Asset Management LLC now owns 45,067 shares of the insurance provider’s stock worth $1,702,000 after buying an additional 6,624 shares during the last quarter. Morgan Stanley increased its holdings in shares of Stewart Information Services Corporation by 5.1% during the 1st quarter. Morgan Stanley now owns 71,509 shares of the insurance provider’s stock worth $3,159,000 after buying an additional 3,453 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Stewart Information Services Corporation during the 2nd quarter worth approximately $246,000. Finally, American Century Companies Inc. acquired a new stake in shares of Stewart Information Services Corporation during the 2nd quarter worth approximately $6,599,000. Institutional investors and hedge funds own 89.09% of the company’s stock.

A number of analysts have recently issued reports on the stock. Keefe, Bruyette & Woods upgraded shares of Stewart Information Services Corporation from an “underperform” rating to a “market perform” rating in a report on Wednesday, November 8th. BidaskClub downgraded shares of Stewart Information Services Corporation from a “hold” rating to a “sell” rating in a report on Sunday, July 30th.

Stewart Information Services Corporation (NYSE STC) traded down $1.12 during trading on Monday, reaching $39.44. 98,600 shares of the company traded hands, compared to its average volume of 122,475. Stewart Information Services Corporation has a 12-month low of $34.48 and a 12-month high of $48.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 3.00. The firm has a market cap of $937.25, a P/E ratio of 19.15 and a beta of 0.88.

Stewart Information Services Corporation (NYSE:STC) last posted its earnings results on Monday, November 6th. The insurance provider reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.25). Stewart Information Services Corporation had a net margin of 2.57% and a return on equity of 7.37%. The company had revenue of $498.05 million during the quarter, compared to analyst estimates of $470.30 million. During the same quarter last year, the business posted $1.12 EPS. The firm’s revenue for the quarter was down 8.7% on a year-over-year basis. research analysts predict that Stewart Information Services Corporation will post 2.68 earnings per share for the current year.

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Stewart Information Services Corporation Company Profile

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.

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

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