Citigroup Inc. lowered its holdings in Stewart Information Services Corporation (NYSE:STC) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,718 shares of the insurance provider’s stock after selling 1,822 shares during the period. Citigroup Inc. owned approximately 0.09% of Stewart Information Services Corporation worth $986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of STC. BlackRock Inc. boosted its holdings in Stewart Information Services Corporation by 53,457.8% in the 1st quarter. BlackRock Inc. now owns 2,908,725 shares of the insurance provider’s stock valued at $128,507,000 after purchasing an additional 2,903,294 shares during the period. AJO LP bought a new stake in Stewart Information Services Corporation in the 2nd quarter valued at about $7,817,000. American Century Companies Inc. bought a new stake in Stewart Information Services Corporation in the 2nd quarter valued at about $6,599,000. FMR LLC boosted its holdings in Stewart Information Services Corporation by 152.5% in the 1st quarter. FMR LLC now owns 194,378 shares of the insurance provider’s stock valued at $8,588,000 after purchasing an additional 117,397 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Stewart Information Services Corporation by 6.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,869,728 shares of the insurance provider’s stock valued at $82,604,000 after purchasing an additional 114,878 shares during the period. 90.50% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub downgraded shares of Stewart Information Services Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th.

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In other Stewart Information Services Corporation news, insider Nicholas Galea sold 141,000 shares of Stewart Information Services Corporation stock in a transaction that occurred on Tuesday, July 11th. The shares were sold at an average price of $0.48, for a total transaction of $67,680.00. Insiders own 2.20% of the company’s stock.

Shares of Stewart Information Services Corporation (STC) opened at 38.01 on Friday. Stewart Information Services Corporation has a one year low of $34.48 and a one year high of $48.17. The company has a market cap of $902.40 million, a P/E ratio of 13.62 and a beta of 0.77. The stock’s 50 day moving average is $36.50 and its 200-day moving average is $42.00.

Stewart Information Services Corporation (NYSE:STC) last announced its earnings results on Thursday, July 20th. The insurance provider reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.24). Stewart Information Services Corporation had a net margin of 3.27% and a return on equity of 9.77%. The company had revenue of $485.50 million for the quarter, compared to the consensus estimate of $503.05 million. During the same quarter in the previous year, the firm earned $0.49 earnings per share. The company’s revenue for the quarter was down .8% compared to the same quarter last year. Equities research analysts forecast that Stewart Information Services Corporation will post $2.43 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.20 annualized dividend and a yield of 3.16%. Stewart Information Services Corporation’s payout ratio is presently 43.01%.

Stewart Information Services Corporation Company Profile

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through two segments: title insurance and ancillary services and corporate.

Institutional Ownership by Quarter for Stewart Information Services Corporation (NYSE:STC)

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