Stewart Information Services Corporation (NYSE:STC) Short Interest Down 33.9% in January

Stewart Information Services Corporation (NYSE:STCGet Free Report) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 470,565 shares, a decrease of 33.9% from the December 31st total of 711,919 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average trading volume of 254,587 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 254,587 shares, the short-interest ratio is presently 1.8 days. Approximately 1.7% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on STC shares. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Keefe, Bruyette & Woods upgraded Stewart Information Services from a “market perform” rating to an “outperform” rating and set a $81.00 target price for the company in a report on Monday, January 26th. Finally, Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $81.50.

Get Our Latest Analysis on STC

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of STC. Vanguard Group Inc. boosted its stake in Stewart Information Services by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 2,044,758 shares of the insurance provider’s stock valued at $143,665,000 after acquiring an additional 90,233 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Stewart Information Services by 2.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,715,422 shares of the insurance provider’s stock valued at $113,286,000 after purchasing an additional 33,413 shares during the last quarter. Capital International Investors boosted its position in shares of Stewart Information Services by 107.7% in the 3rd quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock worth $56,050,000 after purchasing an additional 396,390 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Stewart Information Services by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 657,573 shares of the insurance provider’s stock worth $42,813,000 after purchasing an additional 10,236 shares in the last quarter. Finally, Tributary Capital Management LLC grew its stake in Stewart Information Services by 92.5% during the 3rd quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock worth $41,709,000 after buying an additional 273,424 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Stewart Information Services Stock Down 0.7%

Shares of STC traded down $0.48 during trading hours on Friday, hitting $67.43. The company had a trading volume of 351,792 shares, compared to its average volume of 262,217. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $1.89 billion, a PE ratio of 18.78 and a beta of 1.02. Stewart Information Services has a one year low of $56.39 and a one year high of $78.61. The company’s fifty day moving average price is $71.08 and its two-hundred day moving average price is $70.50.

Stewart Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, December 15th. Stewart Information Services’s dividend payout ratio is presently 58.50%.

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.

Further Reading

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.com's FREE daily email newsletter.