Short Interest Worth Mentioning: Stewart Information Services Cor (NYSE:STC)’s Trend Unknown, Especially After Increased Shorts

November 16, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Worth Mentioning: Stewart Information Services Cor (NYSE:STC)’s Trend Unknown, Especially After Increased Shorts

The stock of Stewart Information Services Cor (NYSE:STC) registered an increase of 23.9% in short interest. STC’s total short interest was 697,700 shares in November as published by FINRA. Its up 23.9% from 563,100 shares, reported previously. With 128,300 shares average volume, it will take short sellers 5 days to cover their STC’s short positions. The short interest to Stewart Information Services Cor’s float is 3.98%. About 114,516 shares traded hands. Stewart Information Services Corp (NYSE:STC) has risen 31.23% since April 14, 2016 and is uptrending. It has outperformed by 26.55% the S&P500.

Stewart Information Services Corporation is a global real estate services company. The company has a market cap of $1.04 billion. The Firm is engaged in offering services and products through its direct operations, network of Stewart Trusted Providers and family of companies. It has a 36.08 P/E ratio. The Firm operates through three divisions: title insurance and related services, mortgage services and corporate.

Insitutional Activity: The institutional sentiment decreased to 1.03 in Q2 2016. Its down 0.79, from 1.82 in 2016Q1. The ratio dived, as 20 funds sold all Stewart Information Services Corp shares owned while 44 reduced positions. 13 funds bought stakes while 53 increased positions. They now own 20.48 million shares or 1.13% less from 20.71 million shares in 2016Q1.
Gemmer Asset Management Limited Liability Co last reported 187 shares in the company. Lsv Asset Management accumulated 0% or 2,700 shares. Foundation Asset L P holds 18.07% of its portfolio in Stewart Information Services Corp (NYSE:STC) for 1.31 million shares. The California-based Lombardia Cap Prtnrs Ltd Liability Corp has invested 1.06% in Stewart Information Services Corp (NYSE:STC). Cooke Bieler Ltd Partnership has invested 0.31% of its portfolio in Stewart Information Services Corp (NYSE:STC). Texas Permanent School Fund last reported 17,855 shares in the company. Us Comml Bank De holds 0% or 77 shares in its portfolio. California Public Employees Retirement holds 0% of its portfolio in Stewart Information Services Corp (NYSE:STC) for 20,000 shares. Moreover, Reinhart Ptnrs Incorporated has 0.36% invested in Stewart Information Services Corp (NYSE:STC) for 86,352 shares. Tower Rech Limited Com (Trc) has 0.01% invested in the company for 2,888 shares. Moreover, Bulldog Ltd has 12.03% invested in Stewart Information Services Corp (NYSE:STC) for 1.13M shares. Jpmorgan Chase Com accumulated 0% or 480,167 shares. Pinebridge Investments L P accumulated 2,962 shares or 0.01% of the stock. Eaton Vance Mgmt holds 0.02% of its portfolio in Stewart Information Services Corp (NYSE:STC) for 175,979 shares. Rhumbline Advisers last reported 36,332 shares in the company.

Insider Transactions: Since October 21, 2016, the stock had 0 insider buys, and 2 insider sales for $7.31 million net activity. Another trade for 5,000 shares valued at $224,725 was made by Killea John L on Friday, October 21. 157,046 shares were sold by Ajdler Arnaud, worth $7.08 million on Friday, October 21.

Stewart Information Services Corp (NYSE:STC) Ratings Coverage

Out of 4 analysts covering Stewart Info (NYSE:STC), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. Stewart Info has been the topic of 5 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Mkt Perform” rating given on Friday, February 12 by FBR Capital. Bruyette & Woods” initiated the stock with “Mkt Perform” rating in Monday, August 3 report. On Friday, July 22 the stock rating was maintained by FBR Capital with “Mkt Perform”. The firm has “Market Perform” rating given on Monday, August 3 by Wood.

STC Company Profile

Stewart Information Services Corporation, incorporated March 25, 1970, is a global real estate services company. The Firm is engaged in offering services and products through its direct operations, network of Stewart Trusted Providers and family of companies. The Firm operates through three divisions: title insurance and related services, mortgage services and corporate. The Company’s services ranges from residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry. The Firm provides its services to homebuyers and sellers, residential and commercial real estate professionals, mortgage lenders and servicers, title agencies and real estate attorneys, homebuilders, and United States and foreign governments. The Company’s international division delivers services and products protecting and promoting private land ownership across the world. The Company’s primary international activities are in Canada, the United Kingdom, Central Europe, Latin America and Australia.

More important recent Stewart Information Services Corp (NYSE:STC) news were published by: Prnewswire.com which released: “Stewart Information Services Corporation Announces Cash Dividend” on September 01, 2016, also Businesswire.com published article titled: “Stewart Information Services Corporation Announces 3rd Quarter 2016 Earnings …”, Bloomberg.com published: “Starboard Targets Stewart Information With New 9.9% Stake” on August 12, 2016. More interesting news about Stewart Information Services Corp (NYSE:STC) was released by: Reuters.com and their article: “Fitch Revises Stewart Information Services Corporation’s Outlook to Negati…” with publication date: June 28, 2016.

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By Pete Kolinski


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