Cwm LLC Has $1.34 Million Holdings in Stewart Information Services Co. (NYSE:STC)

Cwm LLC cut its holdings in Stewart Information Services Co. (NYSE:STC) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,716 shares of the insurance provider’s stock after selling 1,792 shares during the quarter. Cwm LLC owned 0.08% of Stewart Information Services worth $1,335,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in STC. Rhumbline Advisers lifted its position in shares of Stewart Information Services by 0.6% during the 3rd quarter. Rhumbline Advisers now owns 89,220 shares of the insurance provider’s stock valued at $3,908,000 after buying an additional 508 shares during the last quarter. Natixis Advisors L.P. lifted its position in shares of Stewart Information Services by 5.9% during the 3rd quarter. Natixis Advisors L.P. now owns 10,766 shares of the insurance provider’s stock valued at $472,000 after buying an additional 601 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Stewart Information Services by 6.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,728 shares of the insurance provider’s stock valued at $645,000 after buying an additional 860 shares during the last quarter. Deutsche Bank AG lifted its position in shares of Stewart Information Services by 12.3% during the 3rd quarter. Deutsche Bank AG now owns 14,266 shares of the insurance provider’s stock valued at $625,000 after buying an additional 1,565 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Stewart Information Services by 49.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,466 shares of the insurance provider’s stock valued at $380,000 after buying an additional 2,147 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Stewart Information Services

In other news, Director Matthew Morris sold 12,000 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $63.11, for a total value of $757,320.00. Following the completion of the transaction, the director now owns 76,867 shares in the company, valued at $4,851,076.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.

Stewart Information Services Trading Up 1.1 %

Stewart Information Services stock opened at $62.32 on Friday. The company has a current ratio of 1.95, a quick ratio of 2.11 and a debt-to-equity ratio of 0.33. The business’s fifty day simple moving average is $61.81 and its two-hundred day simple moving average is $55.64. Stewart Information Services Co. has a 12 month low of $36.81 and a 12 month high of $65.35. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 41.00 and a beta of 1.16.

Stewart Information Services (NYSE:STC) last released its earnings results on Wednesday, April 24th. The insurance provider reported $0.17 EPS for the quarter. Stewart Information Services had a return on equity of 4.69% and a net margin of 1.83%. The business had revenue of $554.32 million for the quarter. As a group, equities analysts predict that Stewart Information Services Co. will post 4.5 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend was Thursday, March 14th. Stewart Information Services’s dividend payout ratio is currently 125.00%.

Wall Street Analysts Forecast Growth

STC has been the topic of several recent research reports. Keefe, Bruyette & Woods increased their price objective on Stewart Information Services from $57.00 to $59.00 and gave the company a “market perform” rating in a research report on Thursday, March 21st. Stephens restated an “overweight” rating and set a $79.00 price target on shares of Stewart Information Services in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $69.33.

About Stewart Information Services

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services in the United States and internationally. The company involves in searching, examining, closing, and insuring the condition of the title to real property. It also offers home and personal insurance services; services for tax-deferred exchanges; and digital customer engagement platform services.