Stewart Information Services (NYSE:STC - Get Free Report) had its price objective upped by analysts at BTIG Research from $68.00 to $70.00 in a research note issued to investors on Monday, Benzinga reports. The firm currently has a "buy" rating on the insurance provider's stock. BTIG Research's price objective points to a potential upside of 11.01% from the stock's current price.
Several other research firms have also commented on STC. Stephens reiterated an "overweight" rating and set a $79.00 price objective on shares of Stewart Information Services in a research report on Thursday. Keefe, Bruyette & Woods raised their price target on shares of Stewart Information Services from $57.00 to $59.00 and gave the stock a "market perform" rating in a research note on Thursday, March 21st. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, Stewart Information Services presently has an average rating of "Moderate Buy" and an average target price of $69.33.
Get Our Latest Stock Report on Stewart Information Services
Stewart Information Services Price Performance
STC traded up $0.61 during trading on Monday, hitting $63.06. 169,303 shares of the company traded hands, compared to its average volume of 224,039. Stewart Information Services has a 1 year low of $38.40 and a 1 year high of $65.35. The company has a current ratio of 1.95, a quick ratio of 2.11 and a debt-to-equity ratio of 0.33. The stock's 50-day simple moving average is $61.82 and its two-hundred day simple moving average is $55.97. The company has a market cap of $1.73 billion, a PE ratio of 41.93 and a beta of 1.16.
Stewart Information Services (NYSE:STC - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The insurance provider reported $0.17 EPS for the quarter. Stewart Information Services had a net margin of 1.83% and a return on equity of 4.69%. The business had revenue of $554.32 million during the quarter. As a group, sell-side analysts anticipate that Stewart Information Services will post 4.5 earnings per share for the current fiscal year.
Insider Buying and Selling at Stewart Information Services
In other Stewart Information Services news, Director Matthew Morris sold 12,000 shares of the firm's stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $63.11, for a total transaction of $757,320.00. Following the transaction, the director now owns 76,867 shares of the company's stock, valued at approximately $4,851,076.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.99% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. Confluence Investment Management LLC purchased a new position in shares of Stewart Information Services in the 1st quarter worth approximately $4,917,000. Quadrature Capital Ltd purchased a new position in shares of Stewart Information Services in the 4th quarter worth approximately $422,000. Vanguard Group Inc. grew its position in shares of Stewart Information Services by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 1,906,475 shares of the insurance provider's stock worth $112,005,000 after buying an additional 26,897 shares during the last quarter. Wellington Management Group LLP boosted its stake in Stewart Information Services by 5.8% in the 4th quarter. Wellington Management Group LLP now owns 90,899 shares of the insurance provider's stock worth $5,340,000 after purchasing an additional 4,955 shares in the last quarter. Finally, Keeley Teton Advisors LLC boosted its stake in Stewart Information Services by 8.4% in the 4th quarter. Keeley Teton Advisors LLC now owns 48,722 shares of the insurance provider's stock worth $2,862,000 after purchasing an additional 3,760 shares in the last quarter. Hedge funds and other institutional investors own 96.90% of the company's stock.
About Stewart Information Services
(
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Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services in the United States and internationally. The company involves in searching, examining, closing, and insuring the condition of the title to real property. It also offers home and personal insurance services; services for tax-deferred exchanges; and digital customer engagement platform services.
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