8,265 Shares in Stewart Information Services Co. (NYSE:STC) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in Stewart Information Services Co. (NYSE:STC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 8,265 shares of the insurance provider's stock, valued at approximately $558,000.

Several other large investors also recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in shares of Stewart Information Services by 12.3% during the fourth quarter. Wells Fargo & Company MN now owns 50,836 shares of the insurance provider's stock worth $3,431,000 after purchasing an additional 5,575 shares in the last quarter. Pitcairn Co. boosted its stake in Stewart Information Services by 2.6% during the 4th quarter. Pitcairn Co. now owns 6,850 shares of the insurance provider's stock worth $462,000 after purchasing an additional 174 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Stewart Information Services by 0.5% during the fourth quarter. Alliancebernstein L.P. now owns 29,717 shares of the insurance provider's stock worth $2,006,000 after buying an additional 157 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Stewart Information Services by 21.8% in the fourth quarter. Wellington Management Group LLP now owns 60,431 shares of the insurance provider's stock valued at $4,078,000 after buying an additional 10,801 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Stewart Information Services by 93.7% in the fourth quarter. JPMorgan Chase & Co. now owns 103,601 shares of the insurance provider's stock worth $6,992,000 after buying an additional 50,113 shares in the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Stewart Information Services Trading Down 0.8 %

Stewart Information Services stock traded down $0.54 during mid-day trading on Friday, hitting $65.12. The company's stock had a trading volume of 89,308 shares, compared to its average volume of 171,101. Stewart Information Services Co. has a 1 year low of $58.28 and a 1 year high of $78.44. The company has a current ratio of 1.86, a quick ratio of 1.94 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $1.81 billion, a PE ratio of 25.05 and a beta of 1.05. The stock's fifty day moving average is $69.15 and its two-hundred day moving average is $69.47.

Stewart Information Services (NYSE:STC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share (EPS) for the quarter, topping 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%. On average, analysts anticipate that Stewart Information Services Co. will post 6.29 EPS for the current year.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.07%. Stewart Information Services's dividend payout ratio is currently 76.92%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on STC. Stephens reaffirmed an "overweight" rating and set a $82.00 price objective on shares of Stewart Information Services in a research note on Thursday, February 6th. StockNews.com downgraded Stewart Information Services from a "buy" rating to a "hold" rating in a research report on Friday, April 4th. Finally, 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 note on Friday, February 7th.

Stewart Information Services Company 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.