Buckley Wealth Management LLC Takes Position in Stewart Information Services Corp (STC)

Buckley Wealth Management LLC purchased a new position in Stewart Information Services Corp (NYSE:STC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 38,000 shares of the insurance provider’s stock, valued at approximately $1,607,000. Buckley Wealth Management LLC owned 0.16% of Stewart Information Services at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Flinton Capital Management LLC grew its holdings in Stewart Information Services by 102.2% in the second quarter. Flinton Capital Management LLC now owns 2,604 shares of the insurance provider’s stock worth $118,000 after purchasing an additional 1,316 shares during the period. Aperio Group LLC acquired a new stake in Stewart Information Services in the fourth quarter worth $208,000. Piedmont Investment Advisors LLC acquired a new position in shares of Stewart Information Services during the second quarter valued at about $232,000. SG Americas Securities LLC grew its holdings in shares of Stewart Information Services by 38.6% during the third quarter. SG Americas Securities LLC now owns 5,479 shares of the insurance provider’s stock valued at $207,000 after buying an additional 1,527 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in shares of Stewart Information Services during the fourth quarter valued at about $263,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Stewart Information Services Corp (NYSE:STC) opened at $41.58 on Monday. The stock has a market cap of $988.11, a PE ratio of 19.80 and a beta of 0.93. Stewart Information Services Corp has a twelve month low of $34.48 and a twelve month high of $48.03. The company has a current ratio of 2.15, a quick ratio of 3.00 and a debt-to-equity ratio of 0.16.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings data on Thursday, February 8th. The insurance provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $525.60 million during the quarter, compared to analysts’ expectations of $504.30 million. Stewart Information Services had a net margin of 2.49% and a return on equity of 7.42%. The business’s revenue was up .0% on a year-over-year basis. During the same period last year, the company earned $0.71 earnings per share. sell-side analysts anticipate that Stewart Information Services Corp will post 3.44 EPS for the current fiscal year.

STC has been the subject of a number of analyst reports. Zacks Investment Research cut shares of Stewart Information Services from a “hold” rating to a “sell” rating in a report on Saturday, November 18th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $46.00 price objective on shares of Stewart Information Services in a report on Friday, December 22nd.

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About Stewart Information Services

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through two segments: title insurance and ancillary services and corporate.

Institutional Ownership by Quarter for Stewart Information Services (NYSE:STC)

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