Stewart Information Services (NYSE:STC) Stock Rating Lowered by StockNews.com

Stewart Information Services (NYSE:STC) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

STC has been the topic of several other reports. BTIG Research upped their price target on Stewart Information Services from $68.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, April 29th. Keefe, Bruyette & Woods dropped their price target on Stewart Information Services from $64.00 to $61.00 and set a “market perform” rating on the stock in a research report on Tuesday. Finally, Stephens reissued an “overweight” rating and set a $79.00 price target on shares of Stewart Information Services in a research report on Thursday, April 25th.

Stewart Information Services Stock Up 0.5 %

Shares of Stewart Information Services stock opened at $62.17 on Tuesday. The stock’s fifty day moving average is $62.68 and its 200-day moving average is $61.43. The firm has a market capitalization of $1.71 billion, a PE ratio of 40.90 and a beta of 1.21. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.33. Stewart Information Services has a 12-month low of $38.40 and a 12-month high of $66.66.

Stewart Information Services (NYSE:STC) last announced its earnings results on Wednesday, April 24th. The insurance provider reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $554.32 million for the quarter. Stewart Information Services had a return on equity of 4.69% and a net margin of 1.83%. Equities analysts anticipate that Stewart Information Services will post 4.24 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System bought a new stake in shares of Stewart Information Services during the 4th quarter worth about $805,000. Dimensional Fund Advisors LP boosted its stake in shares of Stewart Information Services by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,922,748 shares of the insurance provider’s stock worth $112,963,000 after acquiring an additional 59,639 shares in the last quarter. Confluence Investment Management LLC bought a new stake in shares of Stewart Information Services during the 1st quarter worth about $4,917,000. Natixis Advisors L.P. boosted its stake in shares of Stewart Information Services by 5.9% during the 3rd quarter. Natixis Advisors L.P. now owns 10,766 shares of the insurance provider’s stock worth $472,000 after acquiring an additional 601 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Stewart Information Services during the 4th quarter worth about $422,000. 96.90% of the stock is owned by institutional investors and hedge funds.

About Stewart Information Services

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.