Tributary Capital Management LLC Trims Position in Stewart Information Services Corporation $STC

Tributary Capital Management LLC lessened its holdings in shares of Stewart Information Services Corporation (NYSE:STC) by 6.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 264,702 shares of the insurance provider’s stock after selling 19,730 shares during the quarter. Stewart Information Services makes up about 1.8% of Tributary Capital Management LLC’s investment portfolio, making the stock its 13th biggest position. Tributary Capital Management LLC’s holdings in Stewart Information Services were worth $18,598,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Caitlin John LLC purchased a new position in shares of Stewart Information Services during the 3rd quarter worth about $31,000. GAMMA Investing LLC lifted its holdings in shares of Stewart Information Services by 138.3% during the 3rd quarter. GAMMA Investing LLC now owns 741 shares of the insurance provider’s stock worth $54,000 after acquiring an additional 430 shares during the period. Exchange Traded Concepts LLC purchased a new position in shares of Stewart Information Services during the 4th quarter worth about $65,000. Copeland Capital Management LLC lifted its holdings in shares of Stewart Information Services by 96.7% during the 3rd quarter. Copeland Capital Management LLC now owns 1,119 shares of the insurance provider’s stock worth $82,000 after acquiring an additional 550 shares during the period. Finally, Quadrant Capital Group LLC purchased a new position in shares of Stewart Information Services during the 3rd quarter worth about $143,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Activity

In other news, Director C Allen Bradley, Jr. acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were bought at an average price of $65.34 per share, for a total transaction of $65,340.00. Following the completion of the purchase, the director directly owned 21,243 shares of the company’s stock, valued at approximately $1,388,017.62. This trade represents a 4.94% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.94% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

STC has been the topic of several recent analyst reports. Citizens Jmp started coverage on shares of Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price objective on the stock. Keefe, Bruyette & Woods cut their target price on Stewart Information Services from $82.00 to $78.00 and set an “outperform” rating on the stock in a research report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research report on Friday, March 27th. Wall Street Zen lowered Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Finally, Stephens upgraded shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price target on the stock in a report on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $80.00.

Stewart Information Services Trading Up 3.9%

NYSE:STC opened at $67.45 on Friday. The business’s 50-day moving average is $65.19 and its two-hundred day moving average is $68.92. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.21 and a quick ratio of 2.21. Stewart Information Services Corporation has a 12 month low of $56.39 and a 12 month high of $78.61. The firm has a market capitalization of $2.05 billion, a PE ratio of 16.69 and a beta of 1.03.

Stewart Information Services (NYSE:STC) last released its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $1.65 EPS for the quarter, beating the consensus estimate of $1.35 by $0.30. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The company had revenue of $794.40 million for the quarter, compared to analyst estimates of $774.05 million. During the same period last year, the company posted $1.12 earnings per share. The firm’s revenue was up 18.7% compared to the same quarter last year. Research analysts predict that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.1%. Stewart Information Services’s dividend payout ratio (DPR) is currently 51.98%.

Stewart Information Services Company Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.