Stewart Information Services (NYSE:STC) issued its earnings results on Thursday. The insurance provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06, Morningstar.com reports. The firm had revenue of $525.60 million for the quarter, compared to the consensus estimate of $504.30 million. Stewart Information Services had a net margin of 2.57% and a return on equity of 7.37%. The business’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 earnings per share.

Shares of Stewart Information Services (NYSE:STC) traded down $0.92 during trading on Friday, reaching $40.66. 213,225 shares of the company were exchanged, compared to its average volume of 227,515. The company has a market capitalization of $1,029.69, a P/E ratio of 21.03 and a beta of 0.93. Stewart Information Services has a 12 month low of $34.48 and a 12 month high of $48.03. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 0.21.

A number of institutional investors have recently modified their holdings of STC. Citadel Advisors LLC lifted its position in Stewart Information Services by 451.5% during the third quarter. Citadel Advisors LLC now owns 280,515 shares of the insurance provider’s stock valued at $10,593,000 after purchasing an additional 229,651 shares during the period. Thompson Siegel & Walmsley LLC lifted its position in Stewart Information Services by 33.8% during the third quarter. Thompson Siegel & Walmsley LLC now owns 616,724 shares of the insurance provider’s stock valued at $23,288,000 after purchasing an additional 155,770 shares during the period. American Century Companies Inc. lifted its position in Stewart Information Services by 83.9% during the third quarter. American Century Companies Inc. now owns 267,385 shares of the insurance provider’s stock valued at $10,096,000 after purchasing an additional 121,959 shares during the period. Wells Fargo & Company MN lifted its position in Stewart Information Services by 13.6% during the third quarter. Wells Fargo & Company MN now owns 763,468 shares of the insurance provider’s stock valued at $28,829,000 after purchasing an additional 91,643 shares during the period. Finally, BlackRock Inc. lifted its position in Stewart Information Services by 2.1% during the fourth quarter. BlackRock Inc. now owns 2,920,560 shares of the insurance provider’s stock valued at $123,541,000 after purchasing an additional 59,925 shares during the period. Institutional investors own 86.55% of the company’s stock.

A number of research analysts recently weighed in on STC shares. Keefe, Bruyette & Woods restated a “sell” rating and set a $38.00 price objective on shares of Stewart Information Services in a research report on Thursday, October 12th. Zacks Investment Research downgraded shares of Stewart Information Services from a “hold” rating to a “sell” rating in a research report on Saturday, November 18th.

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Stewart Information Services Company Profile

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.

Earnings History for Stewart Information Services (NYSE:STC)

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