Yousif Capital Management LLC Has $707,000 Stock Position in Stewart Information Services Co. (NYSE:STC)

Yousif Capital Management LLC lessened its holdings in Stewart Information Services Co. (NYSE:STC) by 2.2% in the 4th quarter, Holdings Channel reports. The firm owned 10,478 shares of the insurance provider’s stock after selling 236 shares during the quarter. Yousif Capital Management LLC’s holdings in Stewart Information Services were worth $707,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Copeland Capital Management LLC bought a new stake in shares of Stewart Information Services during the 3rd quarter worth $61,000. 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 acquiring an additional 572 shares during the period. Blue Trust Inc. grew its position in shares of Stewart Information Services by 210.9% in the third quarter. Blue Trust Inc. now owns 2,226 shares of the insurance provider’s stock valued at $166,000 after purchasing an additional 1,510 shares during the last quarter. CIBC Asset Management Inc bought a new position in shares of Stewart Information Services in the third quarter worth about $205,000. Finally, Atria Investments Inc acquired a new position in shares of Stewart Information Services during the 3rd quarter worth about $207,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Activity

In related news, Director Matthew Morris sold 12,899 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $74.12, for a total value of $956,073.88. Following the completion of the transaction, the director now owns 65,330 shares of the company’s stock, valued at approximately $4,842,259.60. This trade represents a 16.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Stewart Information Services Stock Performance

Shares of NYSE:STC opened at $68.47 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.94 and a debt-to-equity ratio of 0.32. Stewart Information Services Co. has a 1-year low of $58.23 and a 1-year high of $78.44. The stock has a market capitalization of $1.90 billion, a P/E ratio of 26.34 and a beta of 1.23. The business has a 50-day moving average price of $67.19 and a two-hundred day moving average price of $70.22.

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, topping analysts’ consensus estimates 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 predict that Stewart Information Services Co. will post 6.29 earnings per share for the current year.

Stewart Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend was Monday, December 16th. Stewart Information Services’s dividend payout ratio is 76.92%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on STC shares. Stephens reiterated an “overweight” rating and set a $82.00 price target on shares of Stewart Information Services in a report on Thursday, February 6th. StockNews.com downgraded shares of Stewart Information Services from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Finally, Keefe, Bruyette & Woods boosted 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.

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.