6 days Ago By ABMN Staff
Geode Capital Management LLC reduced its stake in shares of Stewart Information Services Co. ( NYSE:STC – Free Report ) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 627,092 shares of the insurance provider’s stock after selling 3,659 shares during the period. Geode Capital Management LLC owned 2.26% of Stewart Information Services worth $42,333,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in STC. KLP Kapitalforvaltning AS bought a new position in shares of Stewart Information Services in the 4th quarter valued at approximately $385,000. Principal Financial Group Inc.
lifted its stake in shares of Stewart Information Services by 3.0% in 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 last quarter. Proficio Capital Partners LLC bought a new stake in shares of Stewart Information Services during the 4th quarter worth $749,000. SG Americas Securities LLC grew its stake in Stewart Information Services by 205.
6% in the 4th quarter. SG Americas Securities LLC now owns 13,492 shares of the insurance provider’s stock valued at $911,000 after buying an additional 9,077 shares during the last quarter. Finally, Barclays PLC raised its holdings in Stewart Information Services by 337.
0% in the 3rd quarter. Barclays PLC now owns 45,500 shares of the insurance provider’s stock worth $3,400,000 after acquiring an additional 35,088 shares during the period. Institutional investors and hedge funds own 96.
90% of the company’s stock. Wall Street Analyst Weigh In Several brokerages have recently issued reports on STC. Keefe, Bruyette & Woods raised their price target on Stewart Information Services from $74.
00 to $75.00 and gave the company a “market perform” rating in a research report on Friday, February 7th. Stephens reaffirmed an “overweight” rating and issued a $82.
00 target price on shares of Stewart Information Services in a report on Thursday, February 6th. Finally, StockNews.com lowered Stewart Information Services from a “buy” rating to a “hold” rating in a report on Friday, April 4th.
Stewart Information Services Stock Up 2.0 % Shares of STC opened at $66.38 on Tuesday.
Stewart Information Services Co. has a 52 week low of $58.28 and a 52 week high of $78.
44. The firm has a market capitalization of $1.85 billion, a P/E ratio of 25.
53 and a beta of 1.05. The company has a 50-day simple moving average of $69.
17 and a 200-day simple moving average of $69.42. 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 ( NYSE:STC – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.
11 by $0.01. Stewart Information Services had a return on equity of 6.
81% and a net margin of 2.94%. On average, equities research analysts expect that Stewart Information Services Co.
will post 6.29 earnings per share for the current year. Stewart Information Services Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st.
Shareholders of record on Monday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 17th.
This represents a $2.00 dividend on an annualized basis and a yield of 3.01%.
Stewart Information Services’s dividend payout ratio is currently 76.92%. Stewart Information Services Company Profile ( Free Report ) 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. Featured Stories Receive News & Ratings for Stewart Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stewart Information Services and related companies with MarketBeat.
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