Legal & General Group Plc raised its holdings in shares of Stewart Information Services Corporation (NYSE:STC) by 8.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,125 shares of the insurance provider’s stock after acquiring an additional 3,306 shares during the quarter. Legal & General Group Plc owned approximately 0.18% of Stewart Information Services Corporation worth $1,912,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in Stewart Information Services Corporation during the 1st quarter valued at about $112,000. Salem Investment Counselors Inc. grew its stake in Stewart Information Services Corporation by 4,691.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 2,300 shares of the insurance provider’s stock valued at $113,000 after acquiring an additional 2,252 shares in the last quarter. LMR Partners LLP purchased a new position in Stewart Information Services Corporation during the 2nd quarter valued at about $228,000. Mason Street Advisors LLC grew its stake in Stewart Information Services Corporation by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 5,465 shares of the insurance provider’s stock valued at $241,000 after acquiring an additional 358 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in Stewart Information Services Corporation during the 2nd quarter valued at about $246,000. 90.50% of the stock is currently owned by institutional investors.

In other Stewart Information Services Corporation news, insider Nicholas Galea sold 141,000 shares of the stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $0.48, for a total value of $67,680.00. 2.20% of the stock is owned by corporate insiders.

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STC has been the topic of several research analyst reports. Keefe, Bruyette & Woods reaffirmed a “sell” rating and set a $41.00 target price on shares of Stewart Information Services Corporation in a research note on Tuesday, May 30th. BidaskClub raised Stewart Information Services Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th.

Stewart Information Services Corporation (STC) opened at 35.60 on Monday. The stock has a market cap of $845.18 million, a PE ratio of 12.76 and a beta of 0.76. The firm’s 50-day moving average price is $36.96 and its 200 day moving average price is $42.57. Stewart Information Services Corporation has a 1-year low of $34.48 and a 1-year high of $48.17.

Stewart Information Services Corporation (NYSE:STC) last announced its quarterly 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 return on equity of 9.77% and a net margin of 3.27%. The business had revenue of $485.50 million during the quarter, compared to the consensus estimate of $503.05 million. During the same quarter last year, the company earned $0.49 earnings per share. The firm’s revenue was down .8% compared to the same quarter last year. Equities research analysts expect that Stewart Information Services Corporation will post $2.43 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.37%. Stewart Information Services Corporation’s dividend payout ratio (DPR) is currently 43.01%.

Stewart Information Services Corporation 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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