Vanguard Group Inc. Purchases 26,489 Shares of Stewart Information Services Corp (STC)

Vanguard Group Inc. grew its position in shares of Stewart Information Services Corp (NYSE:STC) by 2.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,186,497 shares of the insurance provider’s stock after acquiring an additional 26,489 shares during the quarter. Vanguard Group Inc. owned about 5.00% of Stewart Information Services Corp worth $53,844,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley increased its holdings in shares of Stewart Information Services Corp by 5.1% during the first quarter. Morgan Stanley now owns 71,509 shares of the insurance provider’s stock valued at $3,159,000 after acquiring an additional 3,453 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Stewart Information Services Corp during the second quarter valued at approximately $246,000. American Century Companies Inc. bought a new stake in shares of Stewart Information Services Corp during the second quarter valued at approximately $6,599,000. Great West Life Assurance Co. Can increased its holdings in shares of Stewart Information Services Corp by 6.9% during the second quarter. Great West Life Assurance Co. Can now owns 34,771 shares of the insurance provider’s stock valued at $1,578,000 after acquiring an additional 2,234 shares in the last quarter. Finally, AJO LP bought a new stake in shares of Stewart Information Services Corp during the second quarter valued at approximately $7,817,000. Hedge funds and other institutional investors own 90.57% of the company’s stock.

Shares of Stewart Information Services Corp (NYSE:STC) opened at $38.14 on Friday. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 0.17. Stewart Information Services Corp has a 1-year low of $34.48 and a 1-year high of $48.17. The stock has a market capitalization of $905.51 million, a price-to-earnings ratio of 14.10 and a beta of 0.88.

Several equities research analysts have recently commented on the company. Keefe, Bruyette & Woods restated a “sell” rating and set a $38.00 price objective on shares of Stewart Information Services Corp in a report on Thursday, October 12th. BidaskClub downgraded Stewart Information Services Corp from a “hold” rating to a “sell” rating in a report on Sunday, July 30th.

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About Stewart Information Services Corp

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

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