7,488 Shares in Stewart Information Services Corporation $STC Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Stewart Information Services Corporation (NYSE:STCFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,488 shares of the insurance provider’s stock, valued at approximately $461,000.

Several other hedge funds have also recently made changes to their positions in STC. Caitong International Asset Management Co. Ltd purchased a new position in shares of Stewart Information Services during the 4th quarter valued at $43,000. Exchange Traded Concepts LLC purchased a new stake in Stewart Information Services during the fourth quarter valued at about $65,000. Horizon Investments LLC bought a new position in Stewart Information Services during the fourth quarter worth about $65,000. Kemnay Advisory Services Inc. purchased a new position in shares of Stewart Information Services in the fourth quarter worth about $66,000. Finally, Clearstead Advisors LLC lifted its stake in shares of Stewart Information Services by 50.9% during the 4th quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock valued at $69,000 after buying an additional 331 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

STC has been the subject of a number of analyst reports. Wall Street Zen lowered Stewart Information Services from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Zacks Research lowered Stewart Information Services from a “hold” rating to a “strong sell” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods lowered shares of Stewart Information Services from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $77.00 to $71.00 in a research report on Monday, July 27th. Stephens reaffirmed an “overweight” rating and set a $88.00 target price on shares of Stewart Information Services in a report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.50.

View Our Latest Stock Analysis on Stewart Information Services

Stewart Information Services Trading Up 0.2%

Shares of Stewart Information Services stock opened at $67.72 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 2.12. Stewart Information Services Corporation has a 1 year low of $57.10 and a 1 year high of $78.61. The firm has a market cap of $2.06 billion, a PE ratio of 14.85 and a beta of 0.99. The company has a 50 day simple moving average of $67.17 and a two-hundred day simple moving average of $66.74.

Stewart Information Services (NYSE:STCGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The insurance provider reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.24). Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. The company had revenue of $895.80 million for the quarter, compared to analysts’ expectations of $838.07 million. During the same quarter last year, the business posted $1.34 EPS. The business’s quarterly revenue was up 24.5% compared to the same quarter last year. Analysts expect that Stewart Information Services Corporation will post 5.26 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 3.1%. Stewart Information Services’s payout ratio is 46.05%.

Insider Activity

In other news, Director C Allen Bradley, Jr. acquired 1,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was purchased at an average cost of $63.87 per share, for a total transaction of $63,870.00. Following the acquisition, the director owned 25,034 shares of the company’s stock, valued at $1,598,921.58. This trade represents a 4.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.94% of the company’s stock.

About Stewart Information Services

(Free Report)

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

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