Stewart Information Services (NYSE:STC) Upgraded at Wall Street Zen

Stewart Information Services (NYSE:STC) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research firms also recently commented on STC. Citizens Jmp initiated coverage on Stewart Information Services in a research note on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price objective for the company. Stephens raised shares of 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 note on Friday, February 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Stewart Information Services from $81.00 to $82.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $81.33.

Stewart Information Services Trading Down 4.8%

STC stock opened at $57.43 on Friday. Stewart Information Services has a 12-month low of $56.39 and a 12-month high of $78.61. The business’s 50-day moving average is $67.26 and its 200 day moving average is $70.57. 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 market cap of $1.61 billion, a price-to-earnings ratio of 14.21 and a beta of 1.01.

Stewart Information Services (NYSE:STC) last announced its earnings results on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.30. The business had revenue of $794.40 million during the quarter, compared to analysts’ expectations of $774.05 million. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The business’s revenue was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.12 earnings per share. On average, sell-side analysts anticipate that Stewart Information Services will post 6.29 EPS for the current fiscal year.

Insider Activity

In related news, Director C Allen Bradley, Jr. bought 1,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was acquired at an average cost of $65.34 per share, with a total value of $65,340.00. Following the purchase, the director directly owned 21,243 shares of the company’s stock, valued at $1,388,017.62. The trade was a 4.94% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of STC. Capital International Investors increased its position in Stewart Information Services by 107.7% during the third quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock worth $56,050,000 after purchasing an additional 396,390 shares during the last quarter. Zimmer Partners LP purchased a new position in Stewart Information Services during the fourth quarter worth about $24,901,000. Millennium Management LLC boosted its holdings in Stewart Information Services by 75.9% in the 4th quarter. Millennium Management LLC now owns 701,148 shares of the insurance provider’s stock valued at $49,263,000 after purchasing an additional 302,623 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in Stewart Information Services in the 4th quarter valued at about $21,078,000. Finally, Ghisallo Capital Management LLC purchased a new stake in shares of Stewart Information Services in the 4th quarter valued at approximately $19,673,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Stewart Information Services Company 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.