UBS Group AG Trims Holdings in Stewart Information Services Corporation $STC

UBS Group AG decreased its holdings in Stewart Information Services Corporation (NYSE:STC) by 39.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 40,917 shares of the insurance provider’s stock after selling 26,789 shares during the quarter. UBS Group AG’s holdings in Stewart Information Services were worth $2,875,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. PNC Financial Services Group Inc. increased its stake in Stewart Information Services by 8.5% in the third quarter. PNC Financial Services Group Inc. now owns 2,676 shares of the insurance provider’s stock worth $196,000 after purchasing an additional 209 shares during the period. Illinois Municipal Retirement Fund increased its stake in Stewart Information Services by 1.5% in the third quarter. Illinois Municipal Retirement Fund now owns 14,647 shares of the insurance provider’s stock worth $1,074,000 after purchasing an additional 216 shares during the period. State of Alaska Department of Revenue increased its stake in Stewart Information Services by 1.5% in the fourth quarter. State of Alaska Department of Revenue now owns 15,479 shares of the insurance provider’s stock worth $1,087,000 after purchasing an additional 234 shares during the period. Alliancebernstein L.P. increased its stake in Stewart Information Services by 0.9% in the third quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock worth $2,105,000 after purchasing an additional 254 shares during the period. Finally, Amalgamated Bank increased its stake in Stewart Information Services by 3.7% in the third quarter. Amalgamated Bank now owns 8,184 shares of the insurance provider’s stock worth $600,000 after purchasing an additional 293 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling at Stewart Information Services

In related news, Director C Allen Bradley, Jr. acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of $65.34 per share, with a total value of $65,340.00. Following the completion of the transaction, the director directly owned 21,243 shares in the company, valued at $1,388,017.62. This trade represents a 4.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David C. Hisey sold 10,992 shares of Stewart Information Services stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the completion of the transaction, the chief financial officer owned 61,929 shares in the company, valued at $4,414,299.12. This trade represents a 15.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.94% of the company’s stock.

Stewart Information Services Stock Performance

Shares of Stewart Information Services stock opened at $67.71 on Tuesday. The firm has a market cap of $2.06 billion, a P/E ratio of 15.11 and a beta of 1.02. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. Stewart Information Services Corporation has a 12 month low of $56.39 and a 12 month high of $78.61. The stock’s fifty day moving average price is $65.34 and its 200-day moving average price is $68.60.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.52 by $0.26. The firm had revenue of $778.40 million for the quarter, compared to analyst estimates of $730.43 million. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.25 earnings per share.

Stewart Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 3.1%. Stewart Information Services’s dividend payout ratio (DPR) is currently 46.88%.

Analyst Ratings Changes

STC has been the topic of a number of recent analyst reports. Citizens Jmp initiated coverage on Stewart Information Services in a research note on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 target price on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research note on Friday, March 27th. Keefe, Bruyette & Woods increased their target price on Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Stephens reiterated an “overweight” rating and issued a $88.00 target price on shares of Stewart Information Services in a research note on Monday, May 18th. Finally, Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $83.00.

About Stewart Information Services

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.