First Quadrant L P CA Has $318,000 Position in Stewart Information Services Corporation (STC)

First Quadrant L P CA continued to hold its stake in shares of Stewart Information Services Corporation (NYSE:STC) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,000 shares of the insurance provider’s stock at the end of the second quarter. First Quadrant L P CA’s holdings in Stewart Information Services Corporation were worth $318,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. First Trust Advisors LP acquired a new stake in Stewart Information Services Corporation during the first quarter worth $1,306,000. Reinhart Partners Inc. boosted its stake in Stewart Information Services Corporation by 2.5% in the first quarter. Reinhart Partners Inc. now owns 81,860 shares of the insurance provider’s stock worth $3,617,000 after buying an additional 1,958 shares during the period. Great West Life Assurance Co. Can boosted its stake in Stewart Information Services Corporation by 2.6% in the first quarter. Great West Life Assurance Co. Can now owns 32,537 shares of the insurance provider’s stock worth $1,436,000 after buying an additional 835 shares during the period. Wells Fargo & Company MN boosted its stake in Stewart Information Services Corporation by 16.7% in the first quarter. Wells Fargo & Company MN now owns 639,730 shares of the insurance provider’s stock worth $28,263,000 after buying an additional 91,777 shares during the period. Finally, Essex Investment Management Co. LLC boosted its stake in Stewart Information Services Corporation by 21.3% in the first quarter. Essex Investment Management Co. LLC now owns 36,627 shares of the insurance provider’s stock worth $1,618,000 after buying an additional 6,438 shares during the period. Institutional investors own 94.23% of the company’s stock.

Stewart Information Services Corporation (NYSE:STC) opened at 36.54 on Friday. Stewart Information Services Corporation has a 52-week low of $36.35 and a 52-week high of $48.17. The firm’s 50-day moving average price is $41.52 and its 200 day moving average price is $43.86. The company has a market cap of $867.50 million, a PE ratio of 13.09 and a beta of 0.77.

Stewart Information Services Corporation (NYSE:STC) last issued its earnings results on Thursday, July 20th. The insurance provider reported $0.79 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by $0.24. The firm had revenue of $485.50 million during the quarter, compared to the consensus estimate of $503.05 million. Stewart Information Services Corporation had a net margin of 3.27% and a return on equity of 9.77%. The business’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.49 earnings per share. On average, equities analysts predict that Stewart Information Services Corporation will post $2.43 EPS for the current fiscal year.

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A number of research firms recently weighed in on STC. Keefe, Bruyette & Woods restated a “sell” rating and issued a $41.00 price target on shares of Stewart Information Services Corporation in a research note on Tuesday, May 30th. BidaskClub upgraded Stewart Information Services Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th. Four analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock has a consensus rating of “Sell” and an average target price of $46.00.

In other Stewart Information Services Corporation news, insider Nicholas Galea sold 141,000 shares of the business’s stock in a transaction on Tuesday, July 11th. The stock was sold at an average price of $0.48, for a total value of $67,680.00. Over the last 90 days, insiders acquired 42,000 shares of company stock worth $33,020. Corporate insiders own 2.20% of the company’s stock.

About Stewart Information Services Corporation

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through two segments: title insurance and ancillary services and corporate.

Institutional Ownership by Quarter for Stewart Information Services Corporation (NYSE:STC)

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