Stewart Information Services (NYSE:STC) Director Acquires $63,870.00 in Stock

Stewart Information Services Corporation (NYSE:STC) Director C Allen Bradley, Jr. bought 1,000 shares of the business’s stock in a transaction on Monday, June 1st. The shares were bought at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the completion of the acquisition, the director owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Stewart Information Services Stock Up 1.4%

Shares of STC stock opened at $63.50 on Friday. The stock’s 50 day simple moving average is $65.92 and its 200 day simple moving average is $68.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.12 and a current ratio of 2.12. Stewart Information Services Corporation has a twelve month low of $56.39 and a twelve month high of $78.61. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 14.17 and a beta of 0.99.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.26. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The business had revenue of $778.40 million for the quarter, compared to the consensus estimate of $730.43 million. During the same period last year, the business earned $0.25 EPS. The firm’s revenue was up 27.7% compared to the same quarter last year. As a group, research analysts predict that Stewart Information Services Corporation will post 5.8 EPS for the current year.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, June 15th. Stewart Information Services’s dividend payout ratio (DPR) is presently 46.88%.

Institutional Investors Weigh In On Stewart Information Services

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of Stewart Information Services by 1.2% in the first quarter. Bank of America Corp DE now owns 215,213 shares of the insurance provider’s stock valued at $13,253,000 after buying an additional 2,631 shares during the period. Amundi lifted its stake in shares of Stewart Information Services by 79.3% in the first quarter. Amundi now owns 11,225 shares of the insurance provider’s stock valued at $691,000 after buying an additional 4,966 shares during the period. California State Teachers Retirement System lifted its stake in shares of Stewart Information Services by 42.0% in the first quarter. California State Teachers Retirement System now owns 37,408 shares of the insurance provider’s stock valued at $2,304,000 after buying an additional 11,058 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Stewart Information Services by 2.8% in the first quarter. The Manufacturers Life Insurance Company now owns 13,253 shares of the insurance provider’s stock valued at $816,000 after buying an additional 359 shares during the period. Finally, Quantinno Capital Management LP lifted its stake in shares of Stewart Information Services by 85.7% in the first quarter. Quantinno Capital Management LP now owns 34,143 shares of the insurance provider’s stock valued at $2,103,000 after buying an additional 15,754 shares during the period. 96.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on STC. Keefe, Bruyette & Woods raised their price objective on Stewart Information Services from $78.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Weiss Ratings restated a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Stephens restated an “overweight” rating and set a $88.00 price target on shares of Stewart Information Services in a report on Monday, May 18th. Finally, Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $83.00.

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.