Stewart Information Services Corporation $STC Stock Position Cut by Confluence Investment Management LLC

Confluence Investment Management LLC decreased its stake in shares of Stewart Information Services Corporation (NYSE:STC) by 20.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,068 shares of the insurance provider’s stock after selling 9,063 shares during the period. Confluence Investment Management LLC owned approximately 0.13% of Stewart Information Services worth $2,464,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital International Investors lifted its stake in shares of Stewart Information Services by 107.7% in the 3rd quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock worth $56,050,000 after acquiring an additional 396,390 shares during the period. Tributary Capital Management LLC increased its stake in shares of Stewart Information Services by 92.5% during the third quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock valued at $41,709,000 after acquiring an additional 273,424 shares during the period. Cooke & Bieler LP raised its holdings in Stewart Information Services by 23.2% during the third quarter. Cooke & Bieler LP now owns 551,519 shares of the insurance provider’s stock worth $40,437,000 after purchasing an additional 103,777 shares in the last quarter. Portolan Capital Management LLC bought a new stake in Stewart Information Services during the third quarter worth approximately $7,463,000. Finally, Two Sigma Investments LP raised its stake in shares of Stewart Information Services by 193.0% in the 3rd quarter. Two Sigma Investments LP now owns 118,168 shares of the insurance provider’s stock worth $8,664,000 after buying an additional 77,844 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on STC shares. Citizens Jmp began coverage on shares of Stewart Information Services in a report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price target for the company. Keefe, Bruyette & Woods boosted their target price on shares of Stewart Information Services from $81.00 to $82.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Stephens upgraded 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. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Stewart Information Services presently has an average rating of “Buy” and a consensus target price of $81.33.

Stewart Information Services Stock Down 4.8%

STC stock opened at $57.43 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.21 and a quick ratio of 2.21. The firm has a market capitalization of $1.61 billion, a P/E ratio of 14.21 and a beta of 1.01. Stewart Information Services Corporation has a 52-week low of $56.39 and a 52-week high of $78.61. The company’s 50 day simple moving average is $67.26 and its 200-day simple moving average is $70.57.

Stewart Information Services (NYSE:STC) last posted its quarterly earnings data 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 firm had revenue of $794.40 million during the quarter, compared to analyst estimates of $774.05 million. During the same quarter last year, the business posted $1.12 EPS. The company’s revenue was up 18.7% on a year-over-year basis. As a group, equities research analysts anticipate that Stewart Information Services Corporation will post 6.29 EPS for the current year.

Stewart Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $0.525 dividend. The ex-dividend date is Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.7%. Stewart Information Services’s dividend payout ratio is presently 51.98%.

Insider Activity at Stewart Information Services

In other Stewart Information Services news, Director C Allen Bradley, Jr. bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average price of $65.34 per share, with a total value of $65,340.00. Following the completion of the transaction, the director directly owned 21,243 shares in the company, valued at approximately $1,388,017.62. This represents a 4.94% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by company insiders.

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.