Dimensional Fund Advisors LP lifted its position in shares of Stewart Information Services Corporation (NYSE:STC) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,939,790 shares of the insurance provider’s stock after acquiring an additional 70,062 shares during the quarter. Dimensional Fund Advisors LP owned 8.17% of Stewart Information Services Corporation worth $88,028,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in STC. Great West Life Assurance Co. Can boosted its stake in shares of Stewart Information Services Corporation by 2.6% during the 1st quarter. Great West Life Assurance Co. Can now owns 32,537 shares of the insurance provider’s stock worth $1,436,000 after acquiring an additional 835 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of Stewart Information Services Corporation during the 1st quarter worth approximately $1,306,000. Bank of New York Mellon Corp raised its position in shares of Stewart Information Services Corporation by 3.2% during the 1st quarter. Bank of New York Mellon Corp now owns 363,638 shares of the insurance provider’s stock worth $16,066,000 after purchasing an additional 11,166 shares during the last quarter. Comerica Bank raised its position in shares of Stewart Information Services Corporation by 3.9% during the 1st quarter. Comerica Bank now owns 25,853 shares of the insurance provider’s stock worth $1,233,000 after purchasing an additional 982 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Stewart Information Services Corporation by 10.2% during the 1st quarter. Ameriprise Financial Inc. now owns 129,314 shares of the insurance provider’s stock worth $5,714,000 after purchasing an additional 11,990 shares during the last quarter. 90.50% of the stock is currently owned by institutional investors and hedge funds.

Stewart Information Services Corporation (NYSE:STC) opened at 38.16 on Friday. Stewart Information Services Corporation has a 12 month low of $34.48 and a 12 month high of $48.17. The firm has a market capitalization of $905.96 million, a P/E ratio of 13.67 and a beta of 0.77. The company’s 50 day moving average price is $36.47 and its 200 day moving average price is $42.04.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date was Thursday, September 14th. Stewart Information Services Corporation’s dividend payout ratio is 43.01%.

Separately, BidaskClub downgraded Stewart Information Services Corporation from a “hold” rating to a “sell” rating in a research report on Sunday, July 30th.

In related news, insider Nicholas Galea sold 141,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 11th. The shares were sold at an average price of $0.48, for a total value of $67,680.00. Company insiders own 2.20% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Stewart Information Services Corporation (STC) Shares Bought by Dimensional Fund Advisors LP” was first posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/stewart-information-services-corporation-stc-shares-bought-by-dimensional-fund-advisors-lp/1612539.html.

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.

Want to see what other hedge funds are holding STC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stewart Information Services Corporation (NYSE:STC).

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

Receive News & Ratings for Stewart Information Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stewart Information Services Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.