Stewart Information Services (NYSE:STC) Given Overweight Rating at Stephens

Stewart Information Services (NYSE:STCGet Free Report)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Stephens in a research report issued to clients and investors on Monday,Benzinga reports. They currently have a $88.00 target price on the insurance provider’s stock. Stephens’ target price points to a potential upside of 31.90% from the stock’s previous close.

Several other research analysts have also recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research report on Friday, March 27th. Citizens Jmp began coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 target price on the stock. Keefe, Bruyette & Woods upped their target price on shares of Stewart Information Services from $78.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Stewart Information Services presently has a consensus rating of “Buy” and an average target price of $83.00.

Read Our Latest Analysis on Stewart Information Services

Stewart Information Services Stock Down 0.1%

STC stock opened at $66.72 on Monday. Stewart Information Services has a twelve month low of $56.39 and a twelve month high of $78.61. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.39. The company has a market cap of $2.03 billion, a PE ratio of 14.89 and a beta of 1.02. The business’s 50-day simple moving average is $65.07 and its 200 day simple moving average is $68.67.

Stewart Information Services (NYSE:STCGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.52 by $0.26. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The firm had revenue of $778.40 million during the quarter, compared to analysts’ expectations of $730.43 million. During the same quarter in the prior year, the firm posted $0.25 EPS. The company’s revenue for the quarter was up 27.7% on a year-over-year basis.

Insider Buying and Selling at Stewart Information Services

In other news, Director C Allen Bradley, Jr. purchased 1,000 shares of Stewart Information Services stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of $65.34 per share, for a total transaction of $65,340.00. Following the completion of the transaction, the director directly owned 21,243 shares in the company, valued at approximately $1,388,017.62. This represents a 4.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $71.28, for a total transaction of $783,509.76. Following the sale, the chief financial officer directly owned 61,929 shares in the company, valued at $4,414,299.12. This represents a 15.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.94% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

About Stewart Information Services

(Get Free Report)

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.

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