Insider Buying: Stewart Information Services (NYSE:STC) Director Buys 1,000 Shares of Stock

Stewart Information Services Corporation (NYSE:STC) Director C Allen Bradley, Jr. acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was purchased at an average price of $65.34 per share, with a total value of $65,340.00. Following the purchase, the director owned 21,243 shares in the company, valued at approximately $1,388,017.62. The trade was a 4.94% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Stewart Information Services Stock Performance

Shares of Stewart Information Services stock traded down $2.29 during mid-day trading on Wednesday, hitting $62.97. 144,224 shares of the stock were exchanged, compared to its average volume of 247,741. Stewart Information Services Corporation has a 12 month low of $56.39 and a 12 month high of $78.61. The company has a 50-day simple moving average of $68.42 and a 200 day simple moving average of $71.12. The company has a market capitalization of $1.76 billion, a P/E ratio of 15.59 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.21 and a current ratio of 2.21.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.30. The company had revenue of $794.40 million during the quarter, compared to the consensus estimate of $774.05 million. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.Stewart Information Services’s revenue was up 18.7% on a year-over-year basis. During the same period last year, the business posted $1.12 earnings per share. Sell-side analysts anticipate that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 3.3%. Stewart Information Services’s dividend payout ratio (DPR) is currently 51.98%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on STC shares. Wall Street Zen downgraded shares of Stewart Information Services from a “buy” rating to a “hold” rating in a report on Sunday, February 8th. Citizens Jmp started coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price objective on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Stephens raised shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 target price for the company in a research report on Friday, February 27th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Stewart Information Services from $81.00 to $82.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $81.33.

Institutional Investors Weigh In On Stewart Information Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STC. Capital International Investors lifted its holdings in Stewart Information Services by 107.7% during the third quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock valued at $56,050,000 after purchasing an additional 396,390 shares during the last quarter. Zimmer Partners LP bought a new position in Stewart Information Services during the fourth quarter worth about $24,901,000. Millennium Management LLC increased its stake in shares of Stewart Information Services by 75.9% in the fourth quarter. Millennium Management LLC now owns 701,148 shares of the insurance provider’s stock worth $49,263,000 after purchasing an additional 302,623 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in shares of Stewart Information Services in the fourth quarter worth about $21,078,000. Finally, Ghisallo Capital Management LLC bought a new stake in shares of Stewart Information Services in the fourth quarter valued at approximately $19,673,000. 96.90% of the stock is currently owned by institutional investors.

Stewart Information Services Company Profile

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.