Stewart Information Services Corporation (NYSE:STC – Get Free Report) Director C Allen Bradley, Jr. bought 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was bought at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the acquisition, the director directly owned 25,034 shares of the company’s stock, valued at $1,598,921.58. The trade was a 4.16% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Stewart Information Services Trading Down 2.3%
Shares of STC stock opened at $62.57 on Thursday. Stewart Information Services Corporation has a 12-month low of $56.39 and a 12-month high of $78.61. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $65.82 and its 200 day moving average is $68.31. The stock has a market capitalization of $1.90 billion, a P/E ratio of 13.97 and a beta of 0.99.
Stewart Information Services (NYSE:STC – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.26. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The company had revenue of $778.40 million for the quarter, compared to analysts’ expectations of $730.43 million. During the same quarter last year, the company posted $0.25 earnings per share. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. Research analysts expect that Stewart Information Services Corporation will post 5.8 earnings per share for the current year.
Stewart Information Services Dividend Announcement
Analysts Set New Price Targets
STC has been the topic of several analyst reports. Keefe, Bruyette & Woods lifted their price target on shares of Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research note on Friday, March 27th. Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Stephens reiterated an “overweight” rating and set a $88.00 price target on shares of Stewart Information Services in a research note on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Stewart Information Services presently has an average rating of “Moderate Buy” and a consensus price target of $83.00.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. ProShare Advisors LLC raised its position in shares of Stewart Information Services by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 5,407 shares of the insurance provider’s stock valued at $380,000 after purchasing an additional 164 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Stewart Information Services by 8.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,676 shares of the insurance provider’s stock valued at $196,000 after purchasing an additional 209 shares during the period. Illinois Municipal Retirement Fund raised its position in shares of Stewart Information Services by 1.5% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 14,647 shares of the insurance provider’s stock valued at $1,074,000 after purchasing an additional 216 shares during the period. State of Alaska Department of Revenue raised its position in shares of Stewart Information Services by 1.5% during the 4th quarter. State of Alaska Department of Revenue now owns 15,479 shares of the insurance provider’s stock valued at $1,087,000 after purchasing an additional 234 shares during the period. Finally, Alliancebernstein L.P. raised its position in shares of Stewart Information Services by 0.9% during the 3rd quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock valued at $2,105,000 after purchasing an additional 254 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.
Stewart Information Services Company Profile
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.
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