Stewart Information Services Co. (NYSE:STC) CEO Frederick H. Eppinger Purchases 1,500 Shares

Stewart Information Services Co. (NYSE:STCGet Rating) CEO Frederick H. Eppinger acquired 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 15th. The shares were acquired at an average price of $48.91 per share, with a total value of $73,365.00. Following the completion of the transaction, the chief executive officer now owns 94,762 shares in the company, valued at $4,634,809.42. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of STC opened at $45.91 on Friday. Stewart Information Services Co. has a 12-month low of $45.63 and a 12-month high of $81.00. The business has a 50-day simple moving average of $54.07 and a two-hundred day simple moving average of $64.88. The company has a quick ratio of 2.28, a current ratio of 2.29 and a debt-to-equity ratio of 0.34. The stock has a market cap of $1.24 billion, a PE ratio of 3.83 and a beta of 1.13.

Stewart Information Services (NYSE:STCGet Rating) last issued its earnings results on Wednesday, April 27th. The insurance provider reported $2.03 earnings per share (EPS) for the quarter. Stewart Information Services had a return on equity of 24.84% and a net margin of 9.42%. The business had revenue of $852.92 million during the quarter. During the same period in the previous year, the company earned $1.92 EPS. On average, equities research analysts expect that Stewart Information Services Co. will post 8.05 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be paid a $0.375 dividend. The ex-dividend date is Tuesday, June 14th. This represents a $1.50 annualized dividend and a dividend yield of 3.27%. Stewart Information Services’s payout ratio is 12.51%.

Several analysts recently weighed in on the company. BTIG Research dropped their price objective on Stewart Information Services from $89.00 to $80.00 in a research report on Friday, April 29th. StockNews.com upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Tuesday, May 10th.

Several hedge funds have recently modified their holdings of STC. UMB Bank N A MO bought a new position in Stewart Information Services in the fourth quarter worth approximately $39,000. First Horizon Advisors Inc. lifted its holdings in shares of Stewart Information Services by 204.6% in the fourth quarter. First Horizon Advisors Inc. now owns 661 shares of the insurance provider’s stock valued at $52,000 after purchasing an additional 444 shares in the last quarter. Pinebridge Investments L.P. bought a new position in shares of Stewart Information Services in the fourth quarter valued at approximately $96,000. Federated Hermes Inc. lifted its holdings in shares of Stewart Information Services by 60.3% in the first quarter. Federated Hermes Inc. now owns 2,255 shares of the insurance provider’s stock valued at $137,000 after purchasing an additional 848 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in shares of Stewart Information Services by 16.8% in the fourth quarter. Lazard Asset Management LLC now owns 1,798 shares of the insurance provider’s stock valued at $143,000 after purchasing an additional 259 shares in the last quarter. 92.23% of the stock is owned by institutional investors.

Stewart Information Services Company Profile (Get Rating)

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services. The company operates in two segments, Title, and Ancillary Services and Corporate. The Title segment is involved in searching, examining, closing, and insuring the condition of the title to real property.

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