Stewart Information Services Corp (NYSE:STC) Director James M. Chadwick sold 4,906 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $35.27, for a total value of $173,034.62. Following the completion of the transaction, the director now owns 1,706 shares of the company’s stock, valued at approximately $60,170.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NYSE:STC traded down $0.43 during trading hours on Friday, hitting $35.02. The company’s stock had a trading volume of 403,619 shares, compared to its average volume of 159,352. The business’s 50-day moving average is $36.16 and its two-hundred day moving average is $40.61. The company has a market capitalization of $840.76 million, a PE ratio of 16.21 and a beta of 0.56. 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 Corp has a 52-week low of $32.61 and a 52-week high of $45.75.

Stewart Information Services (NYSE:STC) last released its quarterly earnings data on Thursday, July 25th. The insurance provider reported $0.81 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.08). Stewart Information Services had a return on equity of 6.87% and a net margin of 2.24%. The business had revenue of $472.08 million during the quarter. As a group, analysts predict that Stewart Information Services Corp will post 2.62 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders 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 dividend yield of 3.43%. The ex-dividend date is Friday, September 13th. Stewart Information Services’s dividend payout ratio is currently 55.56%.

Several hedge funds have recently made changes to their positions in STC. SG Americas Securities LLC purchased a new position in shares of Stewart Information Services in the first quarter valued at $127,000. Rhumbline Advisers increased its position in shares of Stewart Information Services by 1.2% in the first quarter. Rhumbline Advisers now owns 73,110 shares of the insurance provider’s stock valued at $3,121,000 after buying an additional 839 shares in the last quarter. Comerica Bank increased its position in shares of Stewart Information Services by 2.5% in the first quarter. Comerica Bank now owns 23,542 shares of the insurance provider’s stock valued at $1,034,000 after buying an additional 578 shares in the last quarter. Texas Permanent School Fund increased its position in shares of Stewart Information Services by 3.7% in the first quarter. Texas Permanent School Fund now owns 16,109 shares of the insurance provider’s stock valued at $688,000 after buying an additional 573 shares in the last quarter. Finally, Boston Partners increased its position in shares of Stewart Information Services by 3.5% in the first quarter. Boston Partners now owns 73,305 shares of the insurance provider’s stock valued at $3,129,000 after buying an additional 2,493 shares in the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

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

About Stewart Information Services

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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