Keybank National Association OH Has $353,000 Stake in Stewart Information Services Co. (NYSE:STC)

Keybank National Association OH decreased its holdings in Stewart Information Services Co. (NYSE:STC – Get Rating) by 48.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,832 shares of the insurance provider’s stock after selling 5,570 shares during the period. Keybank National Association OH’s holdings in Stewart Information Services were worth $353,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in STC. UMB Bank N A MO bought a new stake in shares of Stewart Information Services in the 4th quarter valued at approximately $39,000. First Horizon Advisors Inc. grew its stake in shares of Stewart Information Services by 204.6% in the 4th quarter. First Horizon Advisors Inc. now owns 661 shares of the insurance provider’s stock valued at $52,000 after buying an additional 444 shares in the last quarter. Pinebridge Investments L.P. bought a new stake in shares of Stewart Information Services in the 4th quarter valued at approximately $96,000. Lazard Asset Management LLC grew its stake in shares of Stewart Information Services by 16.8% in the 4th quarter. Lazard Asset Management LLC now owns 1,798 shares of the insurance provider’s stock valued at $143,000 after buying an additional 259 shares in the last quarter. Finally, Cambria Investment Management L.P. bought a new stake in shares of Stewart Information Services in the 4th quarter valued at approximately $201,000. Institutional investors and hedge funds own 92.23% of the company’s stock.

Stewart Information Services Stock Down 0.1 %

Shares of Stewart Information Services stock opened at $51.47 on Friday. The stock has a market capitalization of $1.39 billion, a P/E ratio of 4.29 and a beta of 1.13. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average price of $52.10 and a two-hundred day moving average price of $60.28. Stewart Information Services Co. has a 12-month low of $45.63 and a 12-month high of $81.00.

Stewart Information Services (NYSE:STC – Get Rating) last announced 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 firm had revenue of $852.92 million during the quarter. During the same period in the previous year, the company earned $1.92 EPS. Equities analysts expect that Stewart Information Services Co. will post 8.05 earnings per share for the current year.

Stewart Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.91%. Stewart Information Services’s dividend payout ratio (DPR) is presently 12.51%.

Analyst Upgrades and Downgrades

STC has been the subject of several recent research reports. StockNews.com raised Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. BTIG Research decreased their target price on Stewart Information Services from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, July 8th.

Insider Transactions at Stewart Information Services

In other Stewart Information Services news, CEO Frederick H. Eppinger purchased 3,000 shares of the business’s stock in a transaction dated Friday, April 29th. The stock was bought at an average cost of $52.00 per share, for a total transaction of $156,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 93,262 shares in the company, valued at $4,849,624. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Stewart Information Services news, CEO Frederick H. Eppinger purchased 3,000 shares of the business’s stock in a transaction dated Friday, April 29th. The stock was bought at an average cost of $52.00 per share, for a total transaction of $156,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 93,262 shares in the company, valued at $4,849,624. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Frederick H. Eppinger purchased 1,500 shares of the business’s stock in a transaction dated 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 acquisition, the chief executive officer now owns 94,762 shares of the company’s stock, valued at $4,634,809.42. The disclosure for this purchase can be found here. Insiders acquired a total of 7,500 shares of company stock worth $394,965 over the last three months. 1.50% of the stock is currently owned by insiders.

Stewart Information Services Company Profile

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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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