33,182 Shares in Stewart Information Services Corporation $STC Acquired by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 33,182 shares of Stewart Information Services in the second quarter, worth approximately $2.19 million. Institutional investors and hedge funds collectively own 96.9% of the company.
• Stewart reported quarterly revenue of $895.8 million, up 24.5% year over year and above estimates, but earnings per share of $1.39 missed consensus by $0.24. The company maintains a $0.525 quarterly dividend, representing a 3.0% yield.
• Analyst sentiment remains mixed but leans positive, with a consensus “Moderate Buy” rating and an average price target of $81.50 versus the stock’s reported $70.05 price.

Deutsche Bank AG bought a new stake in shares of Stewart Information Services Corporation (NYSE:STC - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 33,182 shares of the insurance provider's stock, valued at approximately $2,191,000. Deutsche Bank AG owned about 0.11% of Stewart Information Services as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its stake in Stewart Information Services by 2.4% during the 1st quarter. Royal Bank of Canada now owns 128,363 shares of the insurance provider's stock worth $9,158,000 after buying an additional 3,022 shares during the last quarter. AQR Capital Management LLC increased its position in Stewart Information Services by 6.0% during the 1st quarter. AQR Capital Management LLC now owns 8,583 shares of the insurance provider's stock valued at $612,000 after buying an additional 483 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Stewart Information Services by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider's stock valued at $1,149,000 after buying an additional 712 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Stewart Information Services by 44,842.9% in the first quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider's stock valued at $224,000 after buying an additional 3,139 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Stewart Information Services by 10.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,522 shares of the insurance provider's stock worth $6,102,000 after acquiring an additional 7,923 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Stewart Information Services Stock Performance

NYSE STC opened at $70.05 on Friday. The stock has a 50-day simple moving average of $68.19 and a two-hundred day simple moving average of $66.87. The firm has a market capitalization of $2.14 billion, a P/E ratio of 15.36 and a beta of 0.98. Stewart Information Services Corporation has a fifty-two week low of $57.10 and a fifty-two week high of $78.61. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.98 and a current ratio of 1.98.

Stewart Information Services (NYSE:STC - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing analysts' consensus estimates of $1.63 by ($0.24). The company had revenue of $895.80 million during the quarter, compared to analysts' expectations of $838.07 million. Stewart Information Services had a return on equity of 10.02% and a net margin of 4.12%.The firm's quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.34 EPS. On average, equities analysts forecast that Stewart Information Services Corporation will post 5.26 earnings per share for the current year.

Stewart Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, June 15th. Stewart Information Services's payout ratio is 46.05%.

Insider Activity at Stewart Information Services

In other news, Director C Allen Bradley, Jr. bought 1,000 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average cost of $63.87 per share, for a total transaction of $63,870.00. Following the purchase, the director directly owned 25,034 shares in the company, valued at approximately $1,598,921.58. This trade represents a 4.16% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian Glaze sold 1,500 shares of the business's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $69.16, for a total transaction of $103,740.00. Following the completion of the transaction, the insider owned 11,784 shares of the company's stock, valued at approximately $814,981.44. This represents a 11.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.94% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Keefe, Bruyette & Woods lowered shares of Stewart Information Services from an "outperform" rating to a "market perform" rating and decreased their price objective for the company from $77.00 to $71.00 in a research report on Monday, July 27th. Zacks Research lowered shares of Stewart Information Services from a "hold" rating to a "strong sell" rating in a research note on Monday, July 27th. Stephens restated an "overweight" rating and set a $88.00 price target on shares of Stewart Information Services in a research note on Monday, May 18th. Wall Street Zen cut shares of Stewart Information Services from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Finally, Weiss Ratings upgraded shares of Stewart Information Services from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, June 5th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Stewart Information Services has a consensus rating of "Moderate Buy" and an average target price of $81.50.

Stewart Information Services 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.

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