Stewart Information Services Corporation (NYSE:STC) was upgraded by equities research analysts at Keefe, Bruyette & Woods from an “underperform” rating to a “market perform” rating in a research report issued on Wednesday.

Separately, BidaskClub raised shares of Stewart Information Services Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, July 11th.

Shares of Stewart Information Services Corporation (NYSE STC) opened at $38.62 on Wednesday. Stewart Information Services Corporation has a 1 year low of $34.48 and a 1 year high of $48.17. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.68 and a current ratio of 2.68. The firm has a market cap of $931.60, a P/E ratio of 19.05 and a beta of 0.88.

Stewart Information Services Corporation (NYSE:STC) last released its quarterly earnings results on Monday, November 6th. The insurance provider reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.25). Stewart Information Services Corporation had a return on equity of 7.42% and a net margin of 2.57%. The company had revenue of $498.05 million for the quarter, compared to analyst estimates of $470.30 million. During the same period in the previous year, the business posted $1.12 EPS. The firm’s quarterly revenue was down 8.7% compared to the same quarter last year. research analysts expect that Stewart Information Services Corporation will post 2.68 EPS for the current fiscal year.

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Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in Stewart Information Services Corporation by 53,457.8% in the first quarter. BlackRock Inc. now owns 2,908,725 shares of the insurance provider’s stock worth $128,507,000 after purchasing an additional 2,903,294 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Stewart Information Services Corporation by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,939,790 shares of the insurance provider’s stock worth $88,028,000 after purchasing an additional 70,062 shares during the period. Vanguard Group Inc. boosted its holdings in Stewart Information Services Corporation by 2.3% in the second quarter. Vanguard Group Inc. now owns 1,186,497 shares of the insurance provider’s stock worth $53,844,000 after purchasing an additional 26,489 shares during the period. Wells Fargo & Company MN boosted its holdings in Stewart Information Services Corporation by 5.0% in the second quarter. Wells Fargo & Company MN now owns 671,825 shares of the insurance provider’s stock worth $30,488,000 after purchasing an additional 32,095 shares during the period. Finally, State Street Corp boosted its holdings in Stewart Information Services Corporation by 5.7% in the second quarter. State Street Corp now owns 590,383 shares of the insurance provider’s stock worth $26,789,000 after purchasing an additional 31,896 shares during the period. 88.52% of the stock is owned by institutional investors and hedge funds.

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.

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