Stewart Information Services Corporation (NYSE:STC – Get Free Report) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 470,565 shares, a drop of 33.9% from the December 31st total of 711,919 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average trading volume of 254,587 shares, the short-interest ratio is currently 1.8 days. Based on an average trading volume of 254,587 shares, the short-interest ratio is currently 1.8 days. Currently, 1.7% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the business. Caitlin John LLC bought a new stake in shares of Stewart Information Services during the 3rd quarter worth approximately $31,000. GAMMA Investing LLC lifted its position in shares of Stewart Information Services by 138.3% during the third quarter. GAMMA Investing LLC now owns 741 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 430 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Stewart Information Services during the fourth quarter valued at $65,000. Copeland Capital Management LLC grew its holdings in shares of Stewart Information Services by 96.7% in the third quarter. Copeland Capital Management LLC now owns 1,119 shares of the insurance provider’s stock worth $82,000 after purchasing an additional 550 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Stewart Information Services by 2,735.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,503 shares of the insurance provider’s stock worth $98,000 after buying an additional 1,450 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Finally, Keefe, Bruyette & Woods upgraded Stewart Information Services from a “market perform” rating to an “outperform” rating and set a $81.00 target price for the company in a research report on Monday, January 26th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Stewart Information Services currently has a consensus rating of “Buy” and a consensus target price of $81.50.
Stewart Information Services Trading Down 0.7%
NYSE:STC traded down $0.48 during midday trading on Friday, hitting $67.43. 351,792 shares of the company traded hands, compared to its average volume of 262,217. The firm has a market capitalization of $1.89 billion, a P/E ratio of 18.78 and a beta of 1.02. The firm’s fifty day moving average is $71.08 and its 200-day moving average is $70.50. Stewart Information Services has a 12-month low of $56.39 and a 12-month high of $78.61. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.30.
Stewart Information Services Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, December 15th. Stewart Information Services’s dividend payout ratio is 58.50%.
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.
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