Keeley Teton Advisors LLC Sells 4,108 Shares of Stewart Information Services Co. (NYSE:STC)

Keeley Teton Advisors LLC reduced its stake in Stewart Information Services Co. (NYSE:STC - Free Report) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,955 shares of the insurance provider's stock after selling 4,108 shares during the period. Keeley Teton Advisors LLC owned 0.13% of Stewart Information Services worth $2,427,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp grew its holdings in shares of Stewart Information Services by 16.8% during the 3rd quarter. State Street Corp now owns 1,247,762 shares of the insurance provider's stock worth $93,258,000 after acquiring an additional 179,364 shares during the period. Barclays PLC grew its stake in Stewart Information Services by 337.0% in the third quarter. Barclays PLC now owns 45,500 shares of the insurance provider's stock worth $3,400,000 after purchasing an additional 35,088 shares during the period. Geode Capital Management LLC raised its holdings in Stewart Information Services by 1.4% in the third quarter. Geode Capital Management LLC now owns 630,751 shares of the insurance provider's stock worth $47,151,000 after purchasing an additional 8,597 shares in the last quarter. Heritage Family Offices LLP lifted its position in Stewart Information Services by 9.2% during the fourth quarter. Heritage Family Offices LLP now owns 3,530 shares of the insurance provider's stock valued at $238,000 after buying an additional 296 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of Stewart Information Services by 205.6% during the 4th quarter. SG Americas Securities LLC now owns 13,492 shares of the insurance provider's stock valued at $911,000 after buying an additional 9,077 shares in the last quarter. 96.90% of the stock is owned by institutional investors.

Stewart Information Services Stock Performance

Shares of STC traded up $0.11 during mid-day trading on Friday, hitting $65.27. 118,356 shares of the company traded hands, compared to its average volume of 170,275. Stewart Information Services Co. has a 1 year low of $58.61 and a 1 year high of $78.44. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.94 and a current ratio of 1.86. The stock has a 50-day moving average price of $69.01 and a two-hundred day moving average price of $69.22. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 25.11 and a beta of 1.05.

Stewart Information Services (NYSE:STC - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.01. Stewart Information Services had a return on equity of 6.81% and a net margin of 2.94%. Equities analysts anticipate that Stewart Information Services Co. will post 6.29 earnings per share for the current year.

Stewart Information Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.06%. Stewart Information Services's dividend payout ratio is currently 76.92%.

Analyst Ratings Changes

Several research analysts recently issued reports on STC shares. Stephens reiterated an "overweight" rating and issued a $82.00 price target on shares of Stewart Information Services in a research note on Thursday, February 6th. Keefe, Bruyette & Woods upped their price objective on shares of Stewart Information Services from $74.00 to $75.00 and gave the stock a "market perform" rating in a report on Friday, February 7th. Finally, StockNews.com upgraded shares of Stewart Information Services from a "hold" rating to a "buy" rating in a report on Wednesday.

Stewart Information Services Profile

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.