Tributary Capital Management LLC Purchases 273,424 Shares of Stewart Information Services Corporation $STC

Tributary Capital Management LLC raised its position in shares of Stewart Information Services Corporation (NYSE:STC) by 92.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 568,864 shares of the insurance provider’s stock after purchasing an additional 273,424 shares during the period. Stewart Information Services comprises 2.0% of Tributary Capital Management LLC’s portfolio, making the stock its 14th biggest position. Tributary Capital Management LLC owned 2.03% of Stewart Information Services worth $41,709,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in STC. Nomura Holdings Inc. purchased a new position in shares of Stewart Information Services during the second quarter valued at $3,720,000. Jane Street Group LLC increased its position in Stewart Information Services by 607.8% during the 1st quarter. Jane Street Group LLC now owns 50,631 shares of the insurance provider’s stock valued at $3,613,000 after purchasing an additional 43,478 shares during the period. Allspring Global Investments Holdings LLC increased its position in 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 period. Gamco Investors INC. ET AL bought a new stake in shares of Stewart Information Services in the 2nd quarter valued at about $1,819,000. Finally, Gabelli Funds LLC purchased a new stake in shares of Stewart Information Services in the 2nd quarter worth approximately $1,296,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Keefe, Bruyette & Woods lifted their price objective on shares of Stewart Information Services from $78.00 to $81.00 and gave the company a “market perform” rating in a report on Thursday, December 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $81.50.

Stewart Information Services Price Performance

Shares of STC opened at $69.29 on Thursday. The company has a 50 day moving average of $72.50 and a two-hundred day moving average of $70.25. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.30. Stewart Information Services Corporation has a twelve month low of $56.39 and a twelve month high of $78.61. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 19.30 and a beta of 1.02.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings data on Wednesday, October 22nd. The insurance provider reported $1.64 EPS for the quarter, beating the consensus estimate of $1.42 by $0.22. The firm had revenue of $791.30 million during the quarter, compared to analyst estimates of $737.30 million. Stewart Information Services had a return on equity of 8.57% and a net margin of 3.65%.The business’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.07 EPS. As a group, analysts predict that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Monday, December 15th. Stewart Information Services’s dividend payout ratio (DPR) is currently 58.50%.

Stewart Information Services 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.