Amundi Has $872,000 Stock Holdings in Stewart Information Services Co. (NYSE:STC)

Amundi grew its position in shares of Stewart Information Services Co. (NYSE:STC - Free Report) by 186.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,980 shares of the insurance provider's stock after buying an additional 9,107 shares during the quarter. Amundi owned approximately 0.05% of Stewart Information Services worth $872,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in Stewart Information Services by 9.3% during the fourth quarter. Blue Trust Inc. now owns 2,434 shares of the insurance provider's stock worth $182,000 after buying an additional 208 shares during the last quarter. Heritage Family Offices LLP lifted its position in shares of Stewart Information Services by 9.2% during the fourth 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 in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Stewart Information Services by 310.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 452 shares of the insurance provider's stock worth $31,000 after purchasing an additional 342 shares in the last quarter. KBC Group NV lifted its position in shares of Stewart Information Services by 58.7% during the fourth quarter. KBC Group NV now owns 1,546 shares of the insurance provider's stock worth $104,000 after purchasing an additional 572 shares in the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of Stewart Information Services by 5.7% during the third quarter. Natixis Advisors LLC now owns 14,888 shares of the insurance provider's stock worth $1,113,000 after purchasing an additional 801 shares in the last quarter. 96.90% of the stock is owned by institutional investors.

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Stewart Information Services Trading Down 0.9 %

NYSE STC traded down $0.65 during trading hours on Friday, hitting $70.27. The company's stock had a trading volume of 598,380 shares, compared to its average volume of 167,389. The stock has a fifty day moving average of $67.60 and a 200 day moving average of $70.06. Stewart Information Services Co. has a twelve month low of $58.23 and a twelve month high of $78.44. The firm has a market capitalization of $1.95 billion, a P/E ratio of 27.03 and a beta of 1.19. The company has a quick ratio of 1.94, a current ratio of 1.86 and a debt-to-equity ratio of 0.32.

Stewart Information Services (NYSE:STC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share for the quarter, beating the consensus estimate 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 research analysts forecast that Stewart Information Services Co. will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.50 dividend. The ex-dividend date is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 2.85%. Stewart Information Services's dividend payout ratio is currently 76.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on STC shares. StockNews.com upgraded shares of Stewart Information Services from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Keefe, Bruyette & Woods upped their target price on shares of 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 reiterated an "overweight" rating and set a $82.00 target price on shares of Stewart Information Services in a research report on Thursday, February 6th.

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.