Stewart Information Services (NYSE:STC) Downgraded to Hold Rating by Wall Street Zen

Stewart Information Services (NYSE:STC) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

A number of other analysts also recently issued reports on the stock. Stephens reiterated an “overweight” rating and issued a $88.00 price objective on shares of Stewart Information Services in a report on Monday, May 18th. Weiss Ratings raised shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 5th. Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Benchmark started coverage on shares of Stewart Information Services in a research report on Tuesday. They set a “buy” rating and a $87.00 price target on the stock. Finally, Keefe, Bruyette & Woods cut their price target on shares of Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating on the stock in a research report on Thursday, June 25th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.00.

Stewart Information Services Stock Up 5.0%

Shares of Stewart Information Services stock opened at $67.48 on Friday. The business’s 50 day simple moving average is $67.12 and its 200 day simple moving average is $66.80. Stewart Information Services has a 52-week low of $57.10 and a 52-week high of $78.61. The firm has a market cap of $2.05 billion, a PE ratio of 14.80 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.12 and a current ratio of 1.98.

Stewart Information Services (NYSE:STC) last released its earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.24). Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. 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 previous year, the firm posted $1.34 EPS. The company’s revenue was up 24.5% on a year-over-year basis. On average, analysts predict that Stewart Information Services will post 5.8 earnings per share for the current fiscal year.

Insider Buying and Selling at Stewart Information Services

In other news, Director C Allen Bradley, Jr. bought 1,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were acquired at an average cost of $63.87 per share, for a total transaction of $63,870.00. Following the completion of the acquisition, the director owned 25,034 shares in the company, valued at approximately $1,598,921.58. This represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.94% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Stewart Information Services in the 4th quarter valued at about $43,000. Exchange Traded Concepts LLC bought a new stake in shares of Stewart Information Services in the 4th quarter valued at about $65,000. Horizon Investments LLC acquired a new stake in Stewart Information Services in the 4th quarter valued at about $65,000. Kemnay Advisory Services Inc. acquired a new stake in Stewart Information Services in the 4th quarter valued at about $66,000. Finally, Clearstead Advisors LLC grew its holdings in Stewart Information Services by 50.9% during the fourth quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock worth $69,000 after purchasing an additional 331 shares during the period. Institutional investors own 96.90% of the company’s stock.

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.