Stewart Information Services Co. (NYSE:STC) Shares Sold by Azarias Capital Management L.P.

Azarias Capital Management L.P. lessened its stake in shares of Stewart Information Services Co. (NYSE:STC - Free Report) by 15.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,073 shares of the insurance provider's stock after selling 12,194 shares during the quarter. Stewart Information Services comprises about 2.0% of Azarias Capital Management L.P.'s investment portfolio, making the stock its 22nd biggest position. Azarias Capital Management L.P. owned about 0.24% of Stewart Information Services worth $4,527,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Blue Trust Inc. lifted its stake in shares of Stewart Information Services by 9.3% during the 4th quarter. Blue Trust Inc. now owns 2,434 shares of the insurance provider's stock worth $182,000 after purchasing an additional 208 shares during the period. Heritage Family Offices LLP lifted its stake in shares of Stewart Information Services by 9.2% during the 4th quarter. Heritage Family Offices LLP now owns 3,530 shares of the insurance provider's stock worth $238,000 after purchasing an additional 296 shares during the period. Truist Financial Corp lifted its stake in shares of Stewart Information Services by 7.4% during the 2nd quarter. Truist Financial Corp now owns 4,645 shares of the insurance provider's stock worth $288,000 after purchasing an additional 319 shares during the period. KBC Group NV lifted its stake in shares of Stewart Information Services by 58.7% during the 4th quarter. KBC Group NV now owns 1,546 shares of the insurance provider's stock worth $104,000 after purchasing an additional 572 shares during the period. Finally, Trust Point Inc. lifted its stake in shares of Stewart Information Services by 5.0% during the 3rd quarter. Trust Point Inc. now owns 13,918 shares of the insurance provider's stock worth $1,040,000 after purchasing an additional 659 shares during the period. Institutional investors and hedge funds own 96.90% of the company's stock.

Stewart Information Services Trading Up 0.0 %

Shares of STC traded up $0.00 during trading hours on Friday, hitting $68.47. The stock had a trading volume of 114,956 shares, compared to its average volume of 178,318. The company's fifty day simple moving average is $67.19 and its 200 day simple moving average is $70.22. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.94 and a current ratio of 1.86. Stewart Information Services Co. has a 12-month low of $58.23 and a 12-month high of $78.44. The firm has a market cap of $1.90 billion, a P/E ratio of 26.34 and a beta of 1.23.

Stewart Information Services (NYSE:STC - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.12 EPS for the quarter, beating the consensus estimate of $1.11 by $0.01. Stewart Information Services had a return on equity of 6.81% and a net margin of 2.94%. Equities research analysts forecast that Stewart Information Services Co. will post 6.29 EPS for the current fiscal year.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend was Monday, December 16th. Stewart Information Services's dividend payout ratio (DPR) is presently 76.92%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. StockNews.com lowered Stewart Information Services from a "buy" rating to a "hold" rating in a research report on Tuesday. Keefe, Bruyette & Woods increased 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. Finally, Stephens reaffirmed an "overweight" rating and issued a $82.00 target price on shares of Stewart Information Services in a research report on Thursday, February 6th.

Insider Buying and Selling at Stewart Information Services

In other Stewart Information Services news, Director Matthew Morris sold 12,899 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $74.12, for a total value of $956,073.88. Following the transaction, the director now directly owns 65,330 shares of the company's stock, valued at $4,842,259.60. This trade represents a 16.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

About Stewart Information Services

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.