11,098 Shares in Stewart Information Services Co. (NYSE:STC) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in Stewart Information Services Co. (NYSE:STC - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 11,098 shares of the insurance provider's stock, valued at approximately $749,000.

Several other large investors also recently bought and sold shares of STC. Massachusetts Financial Services Co. MA increased its holdings in Stewart Information Services by 149.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 342,090 shares of the insurance provider's stock worth $25,568,000 after buying an additional 204,688 shares in the last quarter. State Street Corp boosted its position in Stewart Information Services by 16.8% in the third quarter. State Street Corp now owns 1,247,762 shares of the insurance provider's stock worth $93,258,000 after purchasing an additional 179,364 shares during the last quarter. Victory Capital Management Inc. boosted its position in Stewart Information Services by 7.2% in the third quarter. Victory Capital Management Inc. now owns 985,673 shares of the insurance provider's stock worth $73,669,000 after purchasing an additional 65,965 shares during the last quarter. Eagle Asset Management Inc. purchased a new position in Stewart Information Services in the third quarter worth about $3,432,000. Finally, Rockefeller Capital Management L.P. boosted its position in Stewart Information Services by 16.4% in the third quarter. Rockefeller Capital Management L.P. now owns 260,138 shares of the insurance provider's stock worth $19,443,000 after purchasing an additional 36,582 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

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Stewart Information Services Stock Performance

Shares of STC stock traded down $0.56 during trading hours on Friday, reaching $68.69. 196,770 shares of the company traded hands, compared to its average volume of 200,533. Stewart Information Services Co. has a 12-month low of $58.23 and a 12-month high of $78.44. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.86 and a quick ratio of 1.94. The company has a market cap of $1.90 billion, a P/E ratio of 26.42 and a beta of 1.19. The firm has a 50-day moving average price of $66.49 and a 200 day moving average price of $70.21.

Stewart Information Services (NYSE:STC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.01. Stewart Information Services had a return on equity of 6.81% and a net margin of 2.94%. As a group, sell-side analysts predict that Stewart Information Services Co. will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.91%. Stewart Information Services's payout ratio is currently 76.92%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on STC shares. Keefe, Bruyette & Woods raised their target price on Stewart Information Services from $74.00 to $75.00 and gave the stock a "market perform" rating in a research report on Friday, February 7th. Stephens reissued an "overweight" rating and issued a $82.00 target price on shares of Stewart Information Services in a research report on Thursday, February 6th. Finally, StockNews.com raised Stewart Information Services from a "hold" rating to a "buy" rating in a research report on Thursday.

Stewart Information Services Profile

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.