Stewart Information Svcs Cor (STC) Share Value Rose While Mig Capital Has Increased Holding; Axiom International Investors Increases Holding in Encana (ECA)

April 17, 2018 - By Marguerite Chambers

Encana Corporation (NYSE:ECA) Logo

Mig Capital Llc increased its stake in Stewart Information Svcs Cor (STC) by 30.62% based on its latest 2017Q4 regulatory filing with the SEC. Mig Capital Llc bought 191,703 shares as the company’s stock rose 1.55% while stock markets declined. The hedge fund held 817,703 shares of the specialty insurers company at the end of 2017Q4, valued at $34.59M, up from 626,000 at the end of the previous reported quarter. Mig Capital Llc who had been investing in Stewart Information Svcs Cor for a number of months, seems to be bullish on the $1.04 billion market cap company. The stock increased 1.34% or $0.58 during the last trading session, reaching $43.79. About 139,978 shares traded. Stewart Information Services Corporation (NYSE:STC) has declined 0.11% since April 17, 2017 and is downtrending. It has underperformed by 11.66% the S&P500.

Axiom International Investors Llc increased its stake in Encana Corp (ECA) by 14.11% based on its latest 2017Q4 regulatory filing with the SEC. Axiom International Investors Llc bought 244,616 shares as the company’s stock declined 11.75% with the market. The institutional investor held 1.98M shares of the oil & gas production company at the end of 2017Q4, valued at $26.38M, up from 1.73M at the end of the previous reported quarter. Axiom International Investors Llc who had been investing in Encana Corp for a number of months, seems to be bullish on the $11.49B market cap company. The stock increased 1.61% or $0.195 during the last trading session, reaching $12.305. About 3.15 million shares traded. Encana Corporation (NYSE:ECA) has risen 5.00% since April 17, 2017 and is uptrending. It has underperformed by 6.55% the S&P500.

Mig Capital Llc, which manages about $655.21M and $743.74M US Long portfolio, decreased its stake in Sprint Corp (Call) (NYSE:S) by 397,100 shares to 6.95 million shares, valued at $40.93 million in 2017Q4, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 106,632 shares in the quarter, leaving it with 133,900 shares, and cut its stake in Norwegian Cruise Line Hldgs (NASDAQ:NCLH).

Investors sentiment increased to 1.44 in Q4 2017. Its up 0.09, from 1.35 in 2017Q3. It increased, as 14 investors sold STC shares while 40 reduced holdings. 30 funds opened positions while 48 raised stakes. 20.26 million shares or 0.94% more from 20.07 million shares in 2017Q3 were reported. Credit Suisse Ag has 29,470 shares. Schwab Charles Management invested 0.01% in Stewart Information Services Corporation (NYSE:STC). Rhumbline Advisers holds 0% of its portfolio in Stewart Information Services Corporation (NYSE:STC) for 57,218 shares. Texas Permanent School Fund accumulated 16,049 shares. Fny Managed Accounts Ltd invested in 109 shares. Invesco Limited holds 0% or 305,202 shares in its portfolio. Menta Lc owns 6,900 shares. Parkside Bancshares Tru holds 21 shares. State Of Tennessee Treasury Department has invested 0% of its portfolio in Stewart Information Services Corporation (NYSE:STC). Piedmont Investment Ltd Liability Com, a North Carolina-based fund reported 4,880 shares. Bulldog Lc holds 7.04% or 613,048 shares in its portfolio. Roystone Cap Management LP reported 454,311 shares. State Common Retirement Fund accumulated 22,600 shares. Citadel Advisors Ltd Liability invested in 384,435 shares. Riverhead Capital Mngmt Limited Liability reported 2,451 shares or 0% of all its holdings.

Among 5 analysts covering Stewart Info (NYSE:STC), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Stewart Info had 13 analyst reports since August 3, 2015 according to SRatingsIntel. Wood initiated Stewart Information Services Corporation (NYSE:STC) on Monday, August 3 with “Market Perform” rating. The stock has “Sell” rating by Keefe Bruyette & Woods on Monday, May 29. The firm has “Mkt Perform” rating given on Friday, February 12 by FBR Capital. The stock has “Hold” rating by Stephens on Friday, February 9. The firm has “Underperform” rating given on Tuesday, December 13 by Keefe Bruyette & Woods. The rating was upgraded by Wood to “Market Perform” on Wednesday, November 8. The firm earned “Sell” rating on Friday, July 21 by Keefe Bruyette & Woods. On Wednesday, November 8 the stock rating was upgraded by Keefe Bruyette & Woods to “Hold”. FBR Capital maintained it with “Mkt Perform” rating and $46 target in Friday, July 22 report. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods.

Axiom International Investors Llc, which manages about $10.22B and $3.99B US Long portfolio, decreased its stake in Usa Technologies Inc (NASDAQ:USAT) by 48,510 shares to 264,145 shares, valued at $2.58M in 2017Q4, according to the filing. It also reduced its holding in Medidata Solutions Inc (NASDAQ:MDSO) by 44,452 shares in the quarter, leaving it with 55,054 shares, and cut its stake in Ringcentral Inc (NYSE:RNG).

Stewart Information Services Corporation (NYSE:STC) Institutional Positions Chart

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