C Allen Bradley Jr Purchases 1,000 Shares of Stewart Information Services (NYSE:STC) Stock

Stewart Information Services Corporation (NYSE:STC) Director C Allen Bradley, Jr. acquired 1,000 shares of Stewart Information Services stock in a transaction dated Tuesday, March 10th. The shares were bought at an average cost of $65.34 per share, with a total value of $65,340.00. Following the transaction, the director owned 21,243 shares in the company, valued at approximately $1,388,017.62. This trade represents a 4.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Stewart Information Services Stock Down 3.5%

Shares of Stewart Information Services stock traded down $2.29 during trading on Wednesday, reaching $62.97. 144,224 shares of the company traded hands, compared to its average volume of 247,741. The firm has a market capitalization of $1.76 billion, a PE ratio of 15.59 and a beta of 1.01. Stewart Information Services Corporation has a 1-year low of $56.39 and a 1-year high of $78.61. The company has a 50 day moving average price of $68.42 and a 200-day moving average price of $71.12. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.21 and a quick ratio of 2.21.

Stewart Information Services (NYSE:STC) last posted its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.30. Stewart Information Services had a net margin of 3.95% and a return on equity of 9.32%. The business had revenue of $794.40 million during the quarter, compared to analysts’ expectations of $774.05 million. During the same period last year, the company posted $1.12 earnings per share. The business’s quarterly revenue was up 18.7% on a year-over-year basis. As a group, equities research analysts expect that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.525 dividend. The ex-dividend date is Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 3.3%. Stewart Information Services’s dividend payout ratio (DPR) is currently 51.98%.

Hedge Funds Weigh In On Stewart Information Services

Hedge funds have recently added to or reduced their stakes in the stock. ProShare Advisors LLC lifted its holdings in shares of Stewart Information Services by 3.1% in the fourth 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 in the last quarter. Heritage Family Offices LLP boosted its holdings in Stewart Information Services by 4.5% during the 3rd quarter. Heritage Family Offices LLP now owns 4,012 shares of the insurance provider’s stock worth $294,000 after acquiring an additional 173 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of 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 worth $196,000 after acquiring an additional 209 shares in the last quarter. Illinois Municipal Retirement Fund raised its holdings in shares of Stewart Information Services by 1.5% in the third 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 last quarter. Finally, State of Alaska Department of Revenue lifted its position in shares of Stewart Information Services by 1.5% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Citizens Jmp assumed coverage on Stewart Information Services in a research note on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price target on the stock. Keefe, Bruyette & Woods boosted their price objective on Stewart Information Services from $81.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Stephens raised Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 target price on the stock in a research report on Friday, February 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a research report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, February 8th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Stewart Information Services currently has an average rating of “Buy” and a consensus price target of $81.33.

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.