Stewart Information Services (NYSE:STC) Insider Brian Glaze Sells 1,500 Shares

Stewart Information Services Corporation (NYSE:STC) insider Brian Glaze sold 1,500 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $69.16, for a total transaction of $103,740.00. Following the completion of the transaction, the insider owned 11,784 shares in the company, valued at $814,981.44. This represents a 11.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Stewart Information Services Price Performance

Shares of STC stock opened at $70.04 on Tuesday. The firm’s 50 day moving average price is $67.97 and its two-hundred day moving average price is $66.88. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.98 and a current ratio of 1.98. Stewart Information Services Corporation has a 52-week low of $57.10 and a 52-week high of $78.61. The stock has a market cap of $2.14 billion, a PE ratio of 15.36 and a beta of 0.98.

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

Stewart Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, June 15th. Stewart Information Services’s dividend payout ratio is currently 46.05%.

Institutional Investors Weigh In On Stewart Information Services

Several large investors have recently modified their holdings of the business. Royal Bank of Canada lifted its holdings in shares of 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 increased its stake 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 worth $612,000 after purchasing an additional 483 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 buying an additional 712 shares during the period. Jones Financial Companies Lllp raised its holdings in Stewart Information Services by 44,842.9% during the 1st quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock worth $224,000 after buying an additional 3,139 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake 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 buying an additional 7,923 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on STC. Stephens restated an “overweight” rating and set a $88.00 target price on shares of Stewart Information Services in a report on Monday, May 18th. Wall Street Zen downgraded shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Keefe, Bruyette & Woods lowered shares of Stewart Information Services from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $77.00 to $71.00 in a research note on Monday, July 27th. Benchmark initiated coverage on shares of Stewart Information Services in a report on Tuesday, July 21st. They set a “buy” rating and a $87.00 price objective for the company. Finally, Zacks Research downgraded shares of Stewart Information Services from a “hold” rating to a “strong sell” rating in a research note on Monday, July 27th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $81.50.

About Stewart Information Services

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.