25,000 Shares in Stewart Information Services Corporation $STC Bought by Seven Grand Managers LLC

Seven Grand Managers LLC bought a new position in Stewart Information Services Corporation (NYSE:STC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 25,000 shares of the insurance provider’s stock, valued at approximately $1,756,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. ProShare Advisors LLC lifted its position in Stewart Information Services by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 5,407 shares of the insurance provider’s stock worth $380,000 after purchasing an additional 164 shares during the period. PNC Financial Services Group Inc. lifted its position in Stewart Information Services by 8.5% in the third quarter. PNC Financial Services Group Inc. now owns 2,676 shares of the insurance provider’s stock worth $196,000 after purchasing an additional 209 shares during the period. Illinois Municipal Retirement Fund lifted its position in Stewart Information Services by 1.5% in the third quarter. Illinois Municipal Retirement Fund now owns 14,647 shares of the insurance provider’s stock worth $1,074,000 after purchasing an additional 216 shares during the period. State of Alaska Department of Revenue lifted its position in Stewart Information Services by 1.5% in the fourth quarter. State of Alaska Department of Revenue now owns 15,479 shares of the insurance provider’s stock worth $1,087,000 after purchasing an additional 234 shares during the period. Finally, Alliancebernstein L.P. lifted its position in Stewart Information Services by 0.9% in the third quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock worth $2,105,000 after purchasing an additional 254 shares during the period. 96.90% of the stock is owned by institutional investors.

Stewart Information Services Stock Up 0.3%

Shares of NYSE STC opened at $68.25 on Thursday. The stock has a market cap of $2.08 billion, a PE ratio of 15.23 and a beta of 1.02. The business has a fifty day moving average of $65.49 and a two-hundred day moving average of $68.59. Stewart Information Services Corporation has a 52-week low of $56.39 and a 52-week high of $78.61. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.12 and a current ratio of 2.12.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.26. The company had revenue of $778.40 million during the quarter, compared to analysts’ expectations of $730.43 million. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The business’s revenue was up 27.7% on a year-over-year basis. During the same period last year, the business earned $0.25 earnings per share.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.1%. Stewart Information Services’s dividend payout ratio (DPR) is presently 46.88%.

Insiders Place Their Bets

In other Stewart Information Services news, Director C Allen Bradley, Jr. purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average cost of $65.34 per share, with a total value of $65,340.00. Following the completion of the acquisition, the director directly owned 21,243 shares of the company’s stock, valued at $1,388,017.62. This represents a 4.94% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David C. Hisey sold 10,992 shares of Stewart Information Services stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the completion of the transaction, the chief financial officer directly owned 61,929 shares of the company’s stock, valued at $4,414,299.12. This represents a 15.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.94% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

STC has been the subject of several research reports. Stephens reaffirmed an “overweight” rating and issued a $88.00 target price on shares of Stewart Information Services in a research report on Monday, May 18th. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Keefe, Bruyette & Woods raised their target price on Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Finally, Citizens Jmp assumed coverage on Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Stewart Information Services currently has an average rating of “Buy” and an average target price of $83.00.

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.