Inceptionr LLC Purchases New Shares in Stewart Information Services Co. (NYSE:STC)

Inceptionr LLC acquired a new stake in shares of Stewart Information Services Co. (NYSE:STC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,277 shares of the insurance provider's stock, valued at approximately $356,000.

Other large investors have also made changes to their positions in the company. Atria Investments Inc purchased a new position in Stewart Information Services in the 3rd quarter valued at about $207,000. Victory Capital Management Inc. lifted its stake in shares of Stewart Information Services by 7.2% during the third quarter. Victory Capital Management Inc. now owns 985,673 shares of the insurance provider's stock valued at $73,669,000 after buying an additional 65,965 shares during the period. CIBC Asset Management Inc purchased a new position in shares of Stewart Information Services during the third quarter valued at approximately $205,000. Empowered Funds LLC boosted its position in Stewart Information Services by 5.3% during the third quarter. Empowered Funds LLC now owns 85,302 shares of the insurance provider's stock worth $6,375,000 after acquiring an additional 4,288 shares during the last quarter. Finally, Natixis Advisors LLC grew its stake in Stewart Information Services by 5.7% in the 3rd quarter. Natixis Advisors LLC now owns 14,888 shares of the insurance provider's stock worth $1,113,000 after acquiring an additional 801 shares during the period. Institutional investors and hedge funds own 96.90% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on STC. Keefe, Bruyette & Woods raised their price objective on Stewart Information Services from $74.00 to $75.00 and gave the stock a "market perform" rating in a report on Friday, February 7th. StockNews.com raised Stewart Information Services from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. Finally, 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.

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Stewart Information Services Trading Up 0.4 %

STC traded up $0.29 on Wednesday, reaching $70.99. 144,834 shares of the company's stock were exchanged, compared to its average volume of 203,271. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 27.31 and a beta of 1.19. 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 twelve month low of $58.23 and a twelve month high of $78.44. The company's 50 day moving average is $66.55 and its 200-day moving average is $70.18.

Stewart Information Services (NYSE:STC - Get Free Report) last issued its earnings results on Wednesday, February 5th. The insurance provider reported $1.12 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 earnings per share for the current year.

Stewart Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Monday, March 17th. Stewart Information Services's payout ratio is 76.92%.

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.