Stewart Information Services (NYSE:STC) Upgraded at StockNews.com

StockNews.com upgraded shares of Stewart Information Services (NYSE:STCFree Report) from a hold rating to a buy rating in a report released on Friday.

A number of other equities research analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods boosted their target price on shares of Stewart Information Services from $57.00 to $59.00 and gave the company a market perform rating in a report on Thursday, March 21st. BTIG Research increased their price objective on Stewart Information Services from $68.00 to $70.00 and gave the stock a buy rating in a report on Monday, April 29th. Finally, Stephens reaffirmed an overweight rating and set a $79.00 target price on shares of Stewart Information Services in a report on Thursday, April 25th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $69.33.

Get Our Latest Stock Report on STC

Stewart Information Services Stock Performance

Shares of STC opened at $61.47 on Friday. Stewart Information Services has a 1 year low of $38.40 and a 1 year high of $66.66. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.95 and a quick ratio of 1.95. The stock’s fifty day moving average price is $62.55 and its two-hundred day moving average price is $61.10. The firm has a market cap of $1.70 billion, a PE ratio of 40.44 and a beta of 1.18.

Stewart Information Services (NYSE:STCGet Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The insurance provider reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $554.32 million for the quarter. Stewart Information Services had a return on equity of 4.69% and a net margin of 1.83%. On average, equities research analysts forecast that Stewart Information Services will post 4.24 EPS for the current year.

Stewart Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 17th will be given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.09%. The ex-dividend date is Monday, June 17th. Stewart Information Services’s payout ratio is 125.00%.

Institutional Trading of Stewart Information Services

A number of large investors have recently modified their holdings of STC. Deutsche Bank AG raised 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 in the last quarter. Rhumbline Advisers increased 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 purchasing an additional 508 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Stewart Information Services during the 3rd quarter valued at about $227,000. Envestnet Asset Management Inc. lifted its position in Stewart Information Services by 146.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 90,807 shares of the insurance provider’s stock worth $3,977,000 after buying an additional 53,998 shares during the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in Stewart Information Services in the third quarter worth approximately $534,000. Institutional investors own 96.90% of the company’s stock.

Stewart Information Services Company Profile

(Get Free Report)

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.

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