Capital International Investors Has $56.05 Million Stake in Stewart Information Services Corporation $STC

Capital International Investors grew its position in Stewart Information Services Corporation (NYSE:STCFree Report) by 107.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 764,459 shares of the insurance provider’s stock after purchasing an additional 396,390 shares during the period. Capital International Investors owned approximately 2.73% of Stewart Information Services worth $56,050,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Caitlin John LLC acquired a new stake in Stewart Information Services in the 3rd quarter valued at approximately $31,000. GAMMA Investing LLC boosted its position in Stewart Information Services by 138.3% during the 3rd quarter. GAMMA Investing LLC now owns 741 shares of the insurance provider’s stock worth $54,000 after acquiring an additional 430 shares during the last quarter. Copeland Capital Management LLC boosted its position in Stewart Information Services by 96.7% during the 3rd quarter. Copeland Capital Management LLC now owns 1,119 shares of the insurance provider’s stock worth $82,000 after acquiring an additional 550 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Stewart Information Services by 70.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,271 shares of the insurance provider’s stock worth $148,000 after acquiring an additional 935 shares in the last quarter. Finally, State of Wyoming grew its stake in shares of Stewart Information Services by 216.1% during the 2nd quarter. State of Wyoming now owns 2,658 shares of the insurance provider’s stock worth $173,000 after acquiring an additional 1,817 shares in the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

STC has been the topic of a number of research reports. Keefe, Bruyette & Woods boosted their price objective on shares of Stewart Information Services from $81.00 to $82.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Citizens Jmp started coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 target price for the company. 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. Stephens raised shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price target on the stock in a research report on Friday, February 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Stewart Information Services presently has a consensus rating of “Buy” and a consensus price target of $81.33.

View Our Latest Analysis on STC

Stewart Information Services Trading Down 3.5%

NYSE STC opened at $62.97 on Thursday. Stewart Information Services Corporation has a 12 month low of $56.39 and a 12 month high of $78.61. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average of $68.27 and a 200-day moving average of $71.06. The company has a market cap of $1.76 billion, a PE ratio of 15.59 and a beta of 1.01.

Stewart Information Services (NYSE:STCGet Free Report) last issued its earnings results on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share 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 for the quarter, compared to the consensus estimate of $774.05 million. During the same period in the previous year, the company earned $1.12 earnings per share. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. On average, equities research analysts anticipate that Stewart Information Services Corporation will post 6.29 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.525 per share. 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 payout ratio is currently 51.98%.

Insider Activity

In other news, Director C Allen Bradley, Jr. bought 1,000 shares of the company’s 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Stewart Information Services Profile

(Free Report)

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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Institutional Ownership by Quarter for Stewart Information Services (NYSE:STC)

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