First National Bank of Omaha Makes New Investment in Stewart Information Services Corporation $STC

First National Bank of Omaha acquired a new stake in Stewart Information Services Corporation (NYSE:STC) during the third quarter, Holdings Channel.com reports. The fund acquired 8,759 shares of the insurance provider’s stock, valued at approximately $642,000.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in Stewart Information Services by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 657,573 shares of the insurance provider’s stock valued at $42,813,000 after acquiring an additional 10,236 shares in the last quarter. Tributary Capital Management LLC lifted its holdings in Stewart Information Services by 92.5% during the third quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock worth $41,709,000 after acquiring an additional 273,424 shares during the period. Cooke & Bieler LP grew its stake in Stewart Information Services by 23.2% in the 3rd quarter. Cooke & Bieler LP now owns 551,519 shares of the insurance provider’s stock valued at $40,437,000 after purchasing an additional 103,777 shares during the period. Bank of America Corp DE grew its stake in Stewart Information Services by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 245,982 shares of the insurance provider’s stock valued at $16,013,000 after purchasing an additional 10,835 shares during the period. Finally, Royal Bank of Canada increased its position in shares of 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 valued at $9,158,000 after purchasing an additional 3,022 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

STC has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods raised their price objective on shares of Stewart Information Services from $81.00 to $82.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Citizens Jmp initiated coverage on Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price objective for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, February 8th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $81.00.

Stewart Information Services Stock Performance

Stewart Information Services stock opened at $67.39 on Friday. The firm has a market capitalization of $1.89 billion, a PE ratio of 16.68 and a beta of 1.01. Stewart Information Services Corporation has a 1-year low of $56.39 and a 1-year high of $78.61. The firm’s 50 day simple moving average is $69.38 and its 200 day simple moving average is $71.23. The company has a current ratio of 2.19, a quick ratio of 1.77 and a debt-to-equity ratio of 0.39.

Stewart Information Services (NYSE:STC) last posted its earnings results on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, topping the consensus estimate of $1.35 by $0.30. The business had revenue of $794.40 million during the quarter, compared to analysts’ expectations of $774.05 million. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The firm’s revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 earnings per share. As a group, analysts expect that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a $0.525 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a yield of 3.1%. Stewart Information Services’s payout ratio is presently 51.98%.

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.