Stewart Information Services Corp. (NYSE:STC) hit a new 52-week high during trading on Monday . The company traded as high as $48.60 and last traded at $48.48, with a volume of 299,568 shares changing hands. The stock had previously closed at $46.40.

Several brokerages have recently issued reports on STC. Zacks Investment Research upgraded shares of Stewart Information Services Corp. from a “sell” rating to a “hold” rating in a report on Thursday, June 23rd. FBR & Co upped their target price on shares of Stewart Information Services Corp. from $37.00 to $46.00 and gave the company a “mkt perform” rating in a report on Friday, July 22nd. TheStreet upgraded shares of Stewart Information Services Corp. from a “hold” rating to a “buy” rating in a report on Friday, June 24th. Royal Bank Of Canada restated a “sector perform” rating and issued a $17.00 target price (up previously from $16.00) on shares of Stewart Information Services Corp. in a report on Friday, May 13th. Finally, CIBC restated a “sector perform” rating and issued a $16.25 target price (up previously from $16.00) on shares of Stewart Information Services Corp. in a report on Friday, May 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $33.05.

The firm’s market capitalization is $1.11 billion. The firm has a 50 day moving average price of $43.20 and a 200 day moving average price of $37.31.

Stewart Information Services Corp. (NYSE:STC) last announced its quarterly earnings results on Thursday, July 21st. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. During the same period last year, the firm earned $1.05 earnings per share. The business had revenue of $489.40 million for the quarter, compared to analyst estimates of $569.04 million. The company’s quarterly revenue was down 8.0% on a year-over-year basis. On average, equities analysts forecast that Stewart Information Services Corp. will post $2.40 earnings per share for the current year.

A number of hedge funds and institutional investors have made changes to their positions in STC. Piermont Capital Management Inc. raised its stake in Stewart Information Services Corp. by 54.7% in the fourth quarter. Piermont Capital Management Inc. now owns 69,073 shares of the company’s stock worth $2,578,000 after buying an additional 24,413 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Stewart Information Services Corp. by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,888,947 shares of the company’s stock worth $70,515,000 after buying an additional 15,962 shares in the last quarter. Wells Fargo & Company MN raised its stake in Stewart Information Services Corp. by 6.4% in the fourth quarter. Wells Fargo & Company MN now owns 615,172 shares of the company’s stock worth $22,964,000 after buying an additional 37,084 shares in the last quarter. New York State Common Retirement Fund raised its stake in Stewart Information Services Corp. by 0.8% in the fourth quarter. New York State Common Retirement Fund now owns 120,796 shares of the company’s stock worth $4,509,000 after buying an additional 1,000 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Stewart Information Services Corp. by 3.1% in the fourth quarter. Rhumbline Advisers now owns 38,445 shares of the company’s stock worth $1,435,000 after buying an additional 1,165 shares in the last quarter.

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 three segments: title insurance and related services, mortgage services and corporate.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.