Stewart Information Services Corporation $STC Stock Position Increased by Squarepoint Ops LLC

Squarepoint Ops LLC increased its position in Stewart Information Services Corporation (NYSE:STC) by 207.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 22,679 shares of the insurance provider’s stock after acquiring an additional 15,299 shares during the period. Squarepoint Ops LLC’s holdings in Stewart Information Services were worth $1,476,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in shares of Stewart Information Services by 2,735.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,503 shares of the insurance provider’s stock worth $98,000 after purchasing an additional 1,450 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in Stewart Information Services by 70.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,271 shares of the insurance provider’s stock worth $148,000 after purchasing an additional 935 shares during the period. State of Wyoming boosted its stake in Stewart Information Services by 216.1% in the 2nd quarter. State of Wyoming now owns 2,658 shares of the insurance provider’s stock worth $173,000 after purchasing an additional 1,817 shares during the period. BNP Paribas Financial Markets grew its position in Stewart Information Services by 46.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,094 shares of the insurance provider’s stock worth $201,000 after purchasing an additional 984 shares in the last quarter. Finally, AlphaQuest LLC raised its stake in Stewart Information Services by 17.2% during the 2nd quarter. AlphaQuest LLC now owns 3,422 shares of the insurance provider’s stock valued at $223,000 after purchasing an additional 501 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on STC. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Keefe, Bruyette & Woods raised their price objective on Stewart Information Services from $78.00 to $81.00 and gave the stock a “market perform” rating in a research report on Thursday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $81.50.

Stewart Information Services Trading Down 2.2%

NYSE STC opened at $71.54 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.30. Stewart Information Services Corporation has a 1-year low of $56.39 and a 1-year high of $78.61. The firm’s fifty day simple moving average is $72.63 and its 200-day simple moving average is $69.38. The company has a market capitalization of $2.00 billion, a PE ratio of 19.93 and a beta of 1.04.

Stewart Information Services (NYSE:STC) last released its quarterly earnings data on Wednesday, October 22nd. The insurance provider reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.22. Stewart Information Services had a return on equity of 8.57% and a net margin of 3.65%.The firm had revenue of $791.30 million during the quarter, compared to analysts’ expectations of $737.30 million. During the same quarter last year, the firm earned $1.07 earnings per share. The business’s revenue for the quarter was up 19.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be paid a $0.525 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. Stewart Information Services’s payout ratio is presently 58.50%.

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.