Stewart Information Services Co. (NYSE:STC) Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC decreased its holdings in Stewart Information Services Co. (NYSE:STC - Free Report) by 46.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,277 shares of the insurance provider's stock after selling 5,511 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in Stewart Information Services were worth $424,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its position in shares of Stewart Information Services by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,651,849 shares of the insurance provider's stock valued at $108,741,000 after purchasing an additional 10,132 shares in the last quarter. State Street Corp boosted its stake in Stewart Information Services by 16.8% during the 3rd quarter. State Street Corp now owns 1,247,762 shares of the insurance provider's stock valued at $93,258,000 after acquiring an additional 179,364 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Stewart Information Services by 1.4% during the third quarter. Geode Capital Management LLC now owns 630,751 shares of the insurance provider's stock worth $47,151,000 after purchasing an additional 8,597 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Stewart Information Services by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 542,367 shares of the insurance provider's stock worth $36,604,000 after purchasing an additional 5,748 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Stewart Information Services by 10.9% in the fourth quarter. Bank of New York Mellon Corp now owns 299,375 shares of the insurance provider's stock valued at $20,205,000 after buying an additional 29,496 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on STC. StockNews.com lowered Stewart Information Services from a "buy" rating to a "hold" rating in a research report on Friday, April 4th. Keefe, Bruyette & Woods lifted their price target on shares of Stewart Information Services from $74.00 to $75.00 and gave the company a "market perform" rating in a report on Friday, February 7th. Finally, Stephens reiterated an "overweight" rating and set a $82.00 price objective on shares of Stewart Information Services in a research note on Thursday, February 6th.

Stewart Information Services Stock Performance

NYSE STC traded up $1.44 during trading hours on Monday, hitting $66.53. The company had a trading volume of 7,473 shares, compared to its average volume of 190,433. Stewart Information Services Co. has a fifty-two week low of $58.28 and a fifty-two week high of $78.44. The firm has a market cap of $1.85 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a quick ratio of 1.94, a current ratio of 1.86 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $69.15 and a 200-day simple moving average of $69.47.

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

Stewart Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.01%. Stewart Information Services's payout ratio is 76.92%.

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.