Quantinno Capital Management LP Buys 15,754 Shares of Stewart Information Services Corporation $STC

Key Points

• Quantinno Capital Management increased its Stewart Information Services position by 85.7%, buying 15,754 shares to hold 34,143 shares valued at approximately $2.1 million. Institutional investors collectively own 96.9% of the company.
• Analyst sentiment is mixed but leans positive, with four Buy ratings, one Hold and one Sell; the consensus rating is Moderate Buy with an $81.50 price target.
• Stewart reported quarterly revenue of $895.8 million, up 24.5% year over year, but EPS of $1.39 missed estimates of $1.63. Shares opened at $65.47, while the company maintains a quarterly dividend of $0.525 per share, yielding about 3.2%.

Quantinno Capital Management LP grew its position in shares of Stewart Information Services Corporation (NYSE:STC - Free Report) by 85.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,143 shares of the insurance provider's stock after purchasing an additional 15,754 shares during the quarter. Quantinno Capital Management LP owned about 0.11% of Stewart Information Services worth $2,103,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STC. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Stewart Information Services during the first quarter worth $461,000. Arrowstreet Capital Limited Partnership acquired a new position in Stewart Information Services in the first quarter valued at $1,254,000. Sei Investments Co. lifted its holdings in Stewart Information Services by 36.8% in the first quarter. Sei Investments Co. now owns 123,211 shares of the insurance provider's stock valued at $7,587,000 after buying an additional 33,136 shares during the period. State of Wyoming bought a new stake in Stewart Information Services during the first quarter valued at $118,000. Finally, First Trust Advisors LP grew its holdings in Stewart Information Services by 6.5% during the 1st quarter. First Trust Advisors LP now owns 33,984 shares of the insurance provider's stock worth $2,093,000 after acquiring an additional 2,063 shares during the period. Institutional investors and hedge funds own 96.90% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on STC shares. Wall Street Zen lowered Stewart Information Services from a "buy" rating to a "hold" rating in a research report on Saturday, July 25th. Benchmark began coverage on Stewart Information Services in a research note on Tuesday, July 21st. They set a "buy" rating and a $87.00 target price for the company. Zacks Research downgraded Stewart Information Services from a "hold" rating to a "strong sell" rating in a report on Monday, July 27th. Stephens reissued an "overweight" rating and issued a $88.00 price target on shares of Stewart Information Services in a research note on Monday, May 18th. Finally, Weiss Ratings upgraded Stewart Information Services from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, June 5th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $81.50.

Insider Activity

In other Stewart Information Services news, Director C Allen Bradley, Jr. bought 1,000 shares of the firm's stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $63.87 per share, with a total value of $63,870.00. Following the completion of the transaction, the director directly owned 25,034 shares in the company, valued at approximately $1,598,921.58. The trade was a 4.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 2.94% of the stock is owned by corporate insiders.

Stewart Information Services Trading Down 4.0%

NYSE STC opened at $65.47 on Tuesday. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 14.36 and a beta of 0.98. Stewart Information Services Corporation has a 52 week low of $57.10 and a 52 week high of $78.61. The business has a 50 day moving average price of $67.36 and a 200-day moving average price of $66.83. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.39.

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

Stewart Information Services Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, June 15th. Stewart Information Services's dividend payout ratio (DPR) is currently 46.05%.

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.

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