Stewart Information Services Corp (NYSE:STC) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 536,300 shares, a growth of 55.1% from the July 31st total of 345,800 shares. Based on an average daily trading volume, of 123,600 shares, the short-interest ratio is presently 4.3 days. Currently, 2.3% of the company’s stock are sold short.

Separately, Zacks Investment Research downgraded shares of Stewart Information Services from a “buy” rating to a “sell” rating in a research report on Friday, June 7th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $46.33.

STC traded up $1.63 during midday trading on Wednesday, reaching $36.13. 952,000 shares of the company were exchanged, compared to its average volume of 155,189. The company has a market cap of $800.75 million, a price-to-earnings ratio of 16.73 and a beta of 0.56. Stewart Information Services has a one year low of $32.61 and a one year high of $45.75. The company’s fifty day moving average price is $36.16 and its 200 day moving average price is $40.61. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.75 and a current ratio of 3.75.

Stewart Information Services (NYSE:STC) last posted its earnings results on Thursday, July 25th. The insurance provider reported $0.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.08). The company had revenue of $472.08 million during the quarter. Stewart Information Services had a net margin of 2.24% and a return on equity of 6.87%. As a group, sell-side analysts anticipate that Stewart Information Services will post 2.62 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date is Friday, September 13th. Stewart Information Services’s payout ratio is currently 55.56%.

Large investors have recently modified their holdings of the business. Quadrant Capital Group LLC boosted its holdings in Stewart Information Services by 1,658.8% during the 1st quarter. Quadrant Capital Group LLC now owns 598 shares of the insurance provider’s stock worth $25,000 after acquiring an additional 564 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Stewart Information Services by 122.0% during the second quarter. Parallel Advisors LLC now owns 797 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 438 shares in the last quarter. Bank of Montreal Can boosted its holdings in Stewart Information Services by 482.0% during the second quarter. Bank of Montreal Can now owns 2,334 shares of the insurance provider’s stock worth $95,000 after purchasing an additional 1,933 shares during the last quarter. SG Americas Securities LLC purchased a new position in Stewart Information Services during the first quarter worth about $127,000. Finally, Eqis Capital Management Inc. purchased a new position in Stewart Information Services during the second quarter worth about $214,000. Institutional investors and hedge funds own 88.38% of the company’s stock.

Stewart Information Services Company Profile

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services. The company operates in two segments, Title Insurance and Related Services, and Ancillary Services and Corporate. The Title Insurance and Related Services segment is involved in searching, examining, closing, and insuring the condition of the title to real property.

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