Keefe, Bruyette & Woods upgraded shares of Stewart Information Services Corporation (NYSE:STC) from an underperform rating to a market perform rating in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports.

Separately, BidaskClub downgraded shares of Stewart Information Services Corporation from a hold rating to a sell rating in a research note on Saturday, August 5th.

Stewart Information Services Corporation (STC) traded down $1.12 during mid-day trading on Wednesday, hitting $39.44. 98,600 shares of the stock traded hands, compared to its average volume of 136,767. The company has a market capitalization of $936.34, a P/E ratio of 19.15 and a beta of 0.88. Stewart Information Services Corporation has a 12-month low of $34.48 and a 12-month high of $48.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 2.68.

Stewart Information Services Corporation (NYSE:STC) last released its quarterly earnings results on Monday, November 6th. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.25). Stewart Information Services Corporation had a net margin of 2.57% and a return on equity of 7.37%. The business had revenue of $498.05 million for the quarter, compared to the consensus estimate of $470.30 million. During the same period in the previous year, the business posted $1.12 EPS. Stewart Information Services Corporation’s revenue was down 8.7% on a year-over-year basis. sell-side analysts expect that Stewart Information Services Corporation will post 2.68 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of Stewart Information Services Corporation by 53,457.8% during the first quarter. BlackRock Inc. now owns 2,908,725 shares of the insurance provider’s stock valued at $128,507,000 after buying an additional 2,903,294 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Stewart Information Services Corporation by 3.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,939,790 shares of the insurance provider’s stock valued at $88,028,000 after buying an additional 70,062 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Stewart Information Services Corporation by 2.3% during the second quarter. Vanguard Group Inc. now owns 1,186,497 shares of the insurance provider’s stock valued at $53,844,000 after buying an additional 26,489 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Stewart Information Services Corporation by 13.6% during the third quarter. Wells Fargo & Company MN now owns 763,468 shares of the insurance provider’s stock valued at $28,829,000 after buying an additional 91,643 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its holdings in shares of Stewart Information Services Corporation by 33.8% during the third quarter. Thompson Siegel & Walmsley LLC now owns 616,724 shares of the insurance provider’s stock valued at $23,288,000 after buying an additional 155,770 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.

About Stewart Information Services Corporation

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.

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