Stewart Information Services Corporation (NYSE:STC – Get Free Report) Director C Allen Bradley, Jr. purchased 1,000 shares of Stewart Information Services stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average cost of $63.87 per share, with a total value of $63,870.00. Following the transaction, the director owned 25,034 shares in the company, valued at $1,598,921.58. This trade represents a 4.16% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Stewart Information Services Stock Performance
NYSE STC opened at $64.14 on Wednesday. The company has a fifty day simple moving average of $65.62 and a 200 day simple moving average of $68.44. 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 company has a market cap of $1.95 billion, a P/E ratio of 14.32 and a beta of 0.99.
Stewart Information Services (NYSE:STC – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.26. The firm had revenue of $778.40 million for the quarter, compared to the consensus estimate of $730.43 million. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.25 EPS. Sell-side analysts predict that Stewart Information Services Corporation will post 5.8 earnings per share for the current fiscal year.
Stewart Information Services Announces Dividend
Institutional Investors Weigh In On Stewart Information Services
A number of hedge funds have recently made changes to their positions in the business. ProShare Advisors LLC raised its stake 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 worth $380,000 after purchasing an additional 164 shares during the period. PNC Financial Services Group Inc. raised its stake in Stewart Information Services by 8.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,676 shares of the insurance provider’s stock valued at $196,000 after acquiring an additional 209 shares during the period. Illinois Municipal Retirement Fund raised its stake in Stewart Information Services by 1.5% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 14,647 shares of the insurance provider’s stock valued at $1,074,000 after acquiring an additional 216 shares during the period. State of Alaska Department of Revenue raised its stake in Stewart Information Services by 1.5% in 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 acquiring an additional 234 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Stewart Information Services by 0.9% in the 3rd quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock valued at $2,105,000 after acquiring an additional 254 shares during the period. 96.90% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts have issued reports on the stock. Stephens reaffirmed an “overweight” rating and set a $88.00 price objective on shares of Stewart Information Services in a report on Monday, May 18th. Keefe, Bruyette & Woods lifted their price objective on shares of Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Zacks Research raised shares of Stewart Information Services to a “hold” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $83.00.
View Our Latest Stock Analysis on STC
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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