Charles Schwab Investment Management Inc. Sells 10,834 Shares of Stewart Information Services Corporation $STC

Charles Schwab Investment Management Inc. lessened its holdings in Stewart Information Services Corporation (NYSE:STC) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 499,278 shares of the insurance provider’s stock after selling 10,834 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Stewart Information Services were worth $35,079,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Caitlin John LLC bought a new position in Stewart Information Services during the third quarter valued at about $31,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Stewart Information Services during the 4th quarter worth about $43,000. Exchange Traded Concepts LLC acquired a new position in shares of Stewart Information Services during the 4th quarter valued at about $65,000. Horizon Investments LLC bought a new position in shares of Stewart Information Services in the 4th quarter valued at approximately $65,000. Finally, Clearstead Advisors LLC raised its stake in shares of Stewart Information Services by 50.9% in the 4th quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock valued at $69,000 after acquiring an additional 331 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Stewart Information Services

In related news, Director C Allen Bradley, Jr. acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were bought at an average price of $65.34 per share, for a total transaction of $65,340.00. Following the acquisition, the director owned 21,243 shares in the company, valued at $1,388,017.62. This trade represents a 4.94% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David C. Hisey sold 10,992 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $71.28, for a total transaction of $783,509.76. Following the transaction, the chief financial officer owned 61,929 shares in the company, valued at approximately $4,414,299.12. The trade was a 15.07% decrease in their position. The SEC filing for this sale provides additional information. 2.94% of the stock is owned by corporate insiders.

Stewart Information Services Price Performance

Shares of NYSE:STC opened at $66.72 on Friday. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 14.89 and a beta of 1.02. The business has a 50 day moving average price of $65.07 and a 200 day moving average price of $68.71. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.39. Stewart Information Services Corporation has a twelve month low of $56.39 and a twelve month high of $78.61.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 EPS for the quarter, topping 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 company had revenue of $778.40 million during the quarter, compared to analyst estimates of $730.43 million. During the same period in the previous year, the company earned $0.25 earnings per share. The company’s quarterly revenue was up 27.7% compared to the same quarter last year.

Stewart Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.1%. The ex-dividend date was Monday, March 16th. Stewart Information Services’s dividend payout ratio is presently 46.88%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on STC. Citizens Jmp began coverage on Stewart Information Services in a research report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 target price for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a research report on Friday, March 27th. Stephens upgraded shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price objective for the company in a research note on Friday, February 27th. Keefe, Bruyette & Woods upped 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. Finally, Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Stewart Information Services has a consensus rating of “Buy” and a consensus target price of $81.00.

Stewart Information Services 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.