Stewart Information Services Corp (NYSE:STC) Holdings Reduced by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. reduced its position in shares of Stewart Information Services Corp (NYSE:STC) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,300 shares of the insurance provider’s stock after selling 3,500 shares during the period. Tokio Marine Asset Management Co. Ltd. owned approximately 0.17% of Stewart Information Services worth $1,705,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in STC. Alliancebernstein L.P. boosted its position in shares of Stewart Information Services by 7.2% in the 2nd quarter. Alliancebernstein L.P. now owns 31,427 shares of the insurance provider’s stock valued at $1,426,000 after purchasing an additional 2,100 shares during the period. TIAA CREF Investment Management LLC boosted its position in Stewart Information Services by 3.5% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 84,776 shares of the insurance provider’s stock worth $3,847,000 after acquiring an additional 2,883 shares during the period. Ameriprise Financial Inc. boosted its position in Stewart Information Services by 32.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 171,821 shares of the insurance provider’s stock worth $7,798,000 after acquiring an additional 42,507 shares during the period. Vanguard Group Inc. boosted its position in Stewart Information Services by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 1,186,497 shares of the insurance provider’s stock worth $53,844,000 after acquiring an additional 26,489 shares during the period. Finally, FMR LLC boosted its position in Stewart Information Services by 8.5% during the 2nd quarter. FMR LLC now owns 210,941 shares of the insurance provider’s stock worth $9,573,000 after acquiring an additional 16,563 shares during the period. 86.12% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Stewart Information Services Corp (STC) traded down $0.22 during trading on Thursday, hitting $41.49. The stock had a trading volume of 32,204 shares, compared to its average volume of 212,337. The firm has a market cap of $978.84, a price-to-earnings ratio of 20.25 and a beta of 0.93. The company has a current ratio of 2.15, a quick ratio of 3.00 and a debt-to-equity ratio of 0.16. Stewart Information Services Corp has a fifty-two week low of $34.48 and a fifty-two week high of $48.03.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings data on Thursday, February 8th. The insurance provider reported $0.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.06. Stewart Information Services had a return on equity of 7.42% and a net margin of 2.49%. The business had revenue of $525.60 million for the quarter, compared to the consensus estimate of $504.30 million. During the same period last year, the business earned $0.71 EPS. The firm’s revenue was up .0% compared to the same quarter last year. equities research analysts predict that Stewart Information Services Corp will post 3.44 EPS for the current year.

A number of equities research analysts have commented on STC shares. Keefe, Bruyette & Woods upgraded Stewart Information Services from an “underperform” rating to a “market perform” rating in a research report on Wednesday, November 8th. Zacks Investment Research lowered Stewart Information Services from a “hold” rating to a “sell” rating in a report on Saturday, November 18th.

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Stewart Information Services 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.

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

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