Healthcare of Ontario Pension Plan Trust Fund Buys New Shares in Stewart Information Services Corporation $STC

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Stewart Information Services Corporation (NYSE:STC) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,488 shares of the insurance provider’s stock, valued at approximately $461,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada increased its holdings in shares of Stewart Information Services by 2.4% in the first quarter. Royal Bank of Canada now owns 128,363 shares of the insurance provider’s stock worth $9,158,000 after buying an additional 3,022 shares during the period. AQR Capital Management LLC boosted its holdings in Stewart Information Services by 6.0% during the 1st quarter. AQR Capital Management LLC now owns 8,583 shares of the insurance provider’s stock valued at $612,000 after acquiring an additional 483 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Stewart Information Services by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider’s stock worth $1,149,000 after acquiring an additional 712 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Stewart Information Services by 44,842.9% in the 1st quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock worth $224,000 after purchasing an additional 3,139 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Stewart Information Services by 10.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,522 shares of the insurance provider’s stock valued at $6,102,000 after purchasing an additional 7,923 shares during the last quarter. 96.90% of the stock is owned by institutional investors.

Stewart Information Services Price Performance

Shares of Stewart Information Services stock opened at $67.72 on Monday. The company has a quick ratio of 2.12, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The company has a market cap of $2.06 billion, a PE ratio of 14.85 and a beta of 0.99. The business has a 50 day moving average of $67.17 and a 200 day moving average of $66.74. Stewart Information Services Corporation has a 52 week low of $57.10 and a 52 week high of $78.61.

Stewart Information Services (NYSE:STC) last released its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.24). The company had revenue of $895.80 million during the quarter, compared to the consensus estimate of $838.07 million. Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. The business’s revenue was up 24.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.34 EPS. As a group, equities research analysts forecast that Stewart Information Services Corporation will post 5.26 earnings per share for the current year.

Stewart Information Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 3.1%. Stewart Information Services’s payout ratio is currently 46.05%.

Insider Transactions at Stewart Information Services

In related news, Director C Allen Bradley, Jr. acquired 1,000 shares of the stock in a transaction on Monday, June 1st. The stock was acquired at an average cost of $63.87 per share, for a total transaction of $63,870.00. Following the completion of the acquisition, the director directly owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This represents a 4.16% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.94% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on STC shares. Zacks Research cut shares of Stewart Information Services from a “hold” rating to a “strong sell” rating in a report on Monday, July 27th. Benchmark assumed coverage on shares of Stewart Information Services in a research report on Tuesday, July 21st. They set a “buy” rating and a $87.00 price target for the company. Keefe, Bruyette & Woods lowered shares of Stewart Information Services from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $77.00 to $71.00 in a report on Monday, July 27th. Weiss Ratings upgraded shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 5th. Finally, Wall Street Zen downgraded shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Stewart Information Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.50.

Stewart Information Services Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.