Keeley Teton Advisors LLC Has $2.43 Million Position in Stewart Information Services Co. (NYSE:STC)

Keeley Teton Advisors LLC lessened its position in Stewart Information Services Co. (NYSE:STC) by 10.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,955 shares of the insurance provider’s stock after selling 4,108 shares during the period. Keeley Teton Advisors LLC’s holdings in Stewart Information Services were worth $2,427,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in Stewart Information Services by 1.4% during the 3rd 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. KLP Kapitalforvaltning AS acquired a new stake in shares of Stewart Information Services during the fourth quarter worth $385,000. Principal Financial Group Inc. boosted its position in shares of Stewart Information Services by 3.0% during the fourth quarter. Principal Financial Group Inc. now owns 134,391 shares of the insurance provider’s stock worth $9,070,000 after buying an additional 3,938 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Stewart Information Services during the 4th quarter worth approximately $749,000. Finally, SG Americas Securities LLC grew its stake in Stewart Information Services by 205.6% in the fourth quarter. SG Americas Securities LLC now owns 13,492 shares of the insurance provider’s stock valued at $911,000 after purchasing an additional 9,077 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on STC. Keefe, Bruyette & Woods upped their target price 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. StockNews.com cut shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research note on Friday, April 4th. Finally, Stephens reissued an “overweight” rating and set a $82.00 target price on shares of Stewart Information Services in a report on Thursday, February 6th.

Stewart Information Services Stock Performance

Shares of Stewart Information Services stock opened at $66.38 on Tuesday. Stewart Information Services Co. has a fifty-two week low of $58.28 and a fifty-two week high of $78.44. The company’s 50 day moving average price is $69.17 and its two-hundred day moving average price is $69.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.86 and a quick ratio of 1.94. The firm has a market capitalization of $1.85 billion, a P/E ratio of 25.53 and a beta of 1.05.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share for the quarter, topping 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%. On average, equities 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 company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors 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 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.