Blue Trust Inc. Has $111,000 Stock Holdings in Stewart Information Services Co. (NYSE:STC)

Blue Trust Inc. cut its position in shares of Stewart Information Services Co. (NYSE:STC) by 26.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,647 shares of the insurance provider’s stock after selling 579 shares during the quarter. Blue Trust Inc.’s holdings in Stewart Information Services were worth $111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Heritage Family Offices LLP grew 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 worth $238,000 after buying an additional 296 shares in the last quarter. KBC Group NV boosted its holdings in Stewart Information Services by 58.7% during the fourth quarter. KBC Group NV now owns 1,546 shares of the insurance provider’s stock valued at $104,000 after purchasing an additional 572 shares in the last quarter. Natixis Advisors LLC boosted its holdings in Stewart Information Services by 5.7% during the third quarter. Natixis Advisors LLC now owns 14,888 shares of the insurance provider’s stock valued at $1,113,000 after purchasing an additional 801 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Stewart Information Services by 7.9% during the third quarter. The Manufacturers Life Insurance Company now owns 14,612 shares of the insurance provider’s stock valued at $1,092,000 after purchasing an additional 1,074 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Stewart Information Services by 31.6% in the third quarter. Intech Investment Management LLC now owns 10,657 shares of the insurance provider’s stock valued at $797,000 after acquiring an additional 2,556 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Stewart Information Services Trading Up 0.7 %

Shares of NYSE:STC opened at $68.96 on Friday. The company’s 50-day moving average price is $66.58 and its two-hundred day moving average price is $70.21. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.86 and a quick ratio of 1.94. Stewart Information Services Co. has a one year low of $58.23 and a one year high of $78.44. The stock has a market capitalization of $1.91 billion, a PE ratio of 26.52 and a beta of 1.23.

Stewart Information Services (NYSE:STC) last issued its earnings results on Wednesday, February 5th. The insurance provider reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.01. Stewart Information Services had a net margin of 2.94% and a return on equity of 6.81%. On average, equities analysts forecast that Stewart Information Services Co. will post 6.29 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.00 annualized dividend and a yield of 2.90%. Stewart Information Services’s dividend payout ratio is currently 76.92%.

Analysts Set New Price Targets

STC has been the subject of a number of research analyst reports. Stephens reiterated an “overweight” rating and issued a $82.00 target price on shares of Stewart Information Services in a research note on Thursday, February 6th. Keefe, Bruyette & Woods lifted their target price 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 lowered shares of Stewart Information Services from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th.

Insider Buying and Selling at Stewart Information Services

In other Stewart Information Services news, Director Matthew Morris sold 12,899 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $74.12, for a total transaction of $956,073.88. Following the transaction, the director now owns 65,330 shares in the company, valued at $4,842,259.60. This represents a 16.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Stewart Information Services Company 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.