GSA Capital Partners LLP Has $255,000 Stake in Stewart Information Services Corporation (STC)

GSA Capital Partners LLP reduced its stake in shares of Stewart Information Services Corporation (NYSE:STC) by 86.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,621 shares of the insurance provider’s stock after selling 36,843 shares during the period. GSA Capital Partners LLP’s holdings in Stewart Information Services Corporation were worth $255,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in shares of Stewart Information Services Corporation during the 1st quarter valued at about $112,000. Salem Investment Counselors Inc. lifted its position in shares of Stewart Information Services Corporation by 4,691.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 2,300 shares of the insurance provider’s stock valued at $113,000 after buying an additional 2,252 shares in the last quarter. LMR Partners LLP purchased a new position in shares of Stewart Information Services Corporation during the 2nd quarter valued at about $228,000. Mason Street Advisors LLC lifted its position in shares of Stewart Information Services Corporation by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 5,465 shares of the insurance provider’s stock valued at $241,000 after buying an additional 358 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in shares of Stewart Information Services Corporation during the 2nd quarter valued at about $246,000. 90.50% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: “GSA Capital Partners LLP Has $255,000 Stake in Stewart Information Services Corporation (STC)” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://ledgergazette.com/2017/10/20/gsa-capital-partners-llp-has-255000-stake-in-stewart-information-services-corporation-stc.html.

Shares of Stewart Information Services Corporation (NYSE STC) opened at 36.94 on Friday. Stewart Information Services Corporation has a 52 week low of $34.48 and a 52 week high of $48.17. The company’s 50-day moving average price is $36.91 and its 200 day moving average price is $41.63. The company has a market cap of $876.99 million, a P/E ratio of 13.24 and a beta of 0.77.

Stewart Information Services Corporation (NYSE:STC) last issued its quarterly earnings results on Thursday, July 20th. The insurance provider reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.24). The business had revenue of $485.50 million for the quarter, compared to analysts’ expectations of $503.05 million. Stewart Information Services Corporation had a return on equity of 9.77% and a net margin of 3.27%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.49 EPS. Equities research analysts anticipate that Stewart Information Services Corporation will post $2.28 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.25%. Stewart Information Services Corporation’s dividend payout ratio is currently 43.01%.

Several analysts recently issued reports on the company. BidaskClub downgraded Stewart Information Services Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Keefe, Bruyette & Woods reissued a “sell” rating and set a $38.00 target price on shares of Stewart Information Services Corporation in a research note on Thursday, October 12th.

Stewart Information Ser

Other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in shares of Stewart Information Services Corporation during the 1st quarter valued at about $112,000. Salem Investment Counselors Inc. lifted its position in shares of Stewart Information Services Corporation by 4,691.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 2,300 shares of the insurance provider’s stock valued at $113,000 after buying an additional 2,252 shares in the last quarter. LMR Partners LLP purchased a new position in shares of Stewart Information Services Corporation during the 2nd quarter valued at about $228,000. Mason Street Advisors LLC lifted its position in shares of Stewart Information Services Corporation by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 5,465 shares of the insurance provider’s stock valued at $241,000 after buying an additional 358 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in shares of Stewart Information Services Corporation during the 2nd quarter valued at about $246,000. 90.50% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: “GSA Capital Partners LLP Has $255,000 Stake in Stewart Information Services Corporation (STC)” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://ledgergazette.com/2017/10/20/gsa-capital-partners-llp-has-255000-stake-in-stewart-information-services-corporation-stc.html.

Shares of Stewart Information Services Corporation (NYSE STC) opened at 36.94 on Friday. Stewart Information Services Corporation has a 52 week low of $34.48 and a 52 week high of $48.17. The company’s 50-day moving average price is $36.91 and its 200 day moving average price is $41.63. The company has a market cap of $876.99 million, a P/E ratio of 13.24 and a beta of 0.77.

Stewart Information Services Corporation (NYSE:STC) last issued its quarterly earnings results on Thursday, July 20th. The insurance provider reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.24). The business had revenue of $485.50 million for the quarter, compared to analysts’ expectations of $503.05 million. Stewart Information Services Corporation had a return on equity of 9.77% and a net margin of 3.27%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.49 EPS. Equities research analysts anticipate that Stewart Information Services Corporation will post $2.28 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.25%. Stewart Information Services Corporation’s dividend payout ratio is currently 43.01%.

Several analysts recently issued reports on the company. BidaskClub downgraded Stewart Information Services Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Keefe, Bruyette & Woods reissued a “sell” rating and set a $38.00 target price on shares of Stewart Information Services Corporation in a research note on Thursday, October 12th.

Stewart Information Services Corporation 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.

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

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