Intech Investment Management LLC Grows Holdings in Stewart Information Services Corporation $STC

Intech Investment Management LLC increased its holdings in Stewart Information Services Corporation (NYSE:STC) by 111.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,198 shares of the insurance provider’s stock after acquiring an additional 30,093 shares during the quarter. Intech Investment Management LLC owned about 0.20% of Stewart Information Services worth $4,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of STC. Squarepoint Ops LLC increased its position in shares of Stewart Information Services by 207.3% during the second quarter. Squarepoint Ops LLC now owns 22,679 shares of the insurance provider’s stock valued at $1,476,000 after acquiring an additional 15,299 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Stewart Information Services by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 118,127 shares of the insurance provider’s stock valued at $7,690,000 after purchasing an additional 9,622 shares during the last quarter. Cooke & Bieler LP boosted its stake in Stewart Information Services by 23.2% during the 3rd quarter. Cooke & Bieler LP now owns 551,519 shares of the insurance provider’s stock valued at $40,437,000 after purchasing an additional 103,777 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Stewart Information Services in the 3rd quarter worth $1,389,000. Finally, Tributary Capital Management LLC raised its stake in shares of Stewart Information Services by 92.5% in the third quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock worth $41,709,000 after purchasing an additional 273,424 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Stewart Information Services Price Performance

Shares of Stewart Information Services stock opened at $71.13 on Monday. The stock has a market cap of $1.99 billion, a P/E ratio of 17.61 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.77 and a current ratio of 2.19. The stock’s fifty day moving average is $68.86 and its 200 day moving average is $71.27. Stewart Information Services Corporation has a one year low of $56.39 and a one year high of $78.61.

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wall Street Zen cut Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, February 8th. Citizens Jmp assumed coverage on shares of Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price target on the stock. 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 research note on Monday, February 9th. Stephens upgraded shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price objective on the stock in a research report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $81.33.

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.