- Barrons.com•5 days ago
Abrams Capital Management swapped to an activist stance (from passive), disclosing that it plans to vote against the three-way merger with NorthStar Realty Finance and Colony Capital, as it had announced on June 3. Abrams said it has “studied the background and the terms of the proposed merger…[and doesn’t] believe that the merger as proposed is in the best interest of shareholders.” Abrams also reported the purchase of three million shares from June 23 to June 27 at $10.26 to $10.88, raising its ownership to 10,908,145 shares (5.8%) Huber Capital Management revealed ownership of 7,094,809 shares (12.6%) and disclosed the purchase of 2,378,364 shares from June 13 to Aug. 3 at prices from $6.34 to $7.49 apiece.
- Insider Monkey•10 days ago
Jeffrey Smith‘s Starboard Value LP recently filed a Form 13D with the Securities and Exchange Commission, in which it reported the acquisition of 2.32 million common shares of Stewart Information Services Corp (NYSE:STC), which amass 9.9% of the company’s outstanding stock. The acquisition represents a new addition to Starboard Value’s portfolio. The famed activist hedge fund […]
- Bloomberg•13 days ago
Stewart Information Services Corp. is being targeted by activist Starboard Value LP, which disclosed a new 9.9 percent stake in the property-title insurer, making it the company’s biggest investor.
Stewart Information Services Corporation (STC)
NYSE - NYSE Real Time Price. Currency in USD
|Day's Range||46.18 - 46.53|
|52wk Range||30.34 - 48.60|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-103.62|
|Avg Vol (3m)||175,207|
|Dividend & Yield||1.20 (2.60%)|