Wealth Firm Sells Stewart Stake, Keeps Real Estate Foot

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So, Texas-based Outlook Wealth Advisors decided to offload 49,831 shares of Stewart Information Services Corporation (STC) for a cool $3.4 million. Because nothing says “confident in the market” like selling a chunk of your holdings right after a strong quarter. But hey, at least they’re keeping their toes in the real estate pool. Because why have one foot in the water when you can have two? 🏠

What Happened

According to the SEC filing, Outlook Wealth Advisors quietly reduced its STC stake by nearly 50,000 shares. The sale, valued at $3.4 million, left them with 49,836 shares worth $3.7 million. It’s like buying a coffee and then deciding you only need half the cup-except the cup is a multi-billion-dollar company.

What Else to Know

Top holdings post-sale? A mix of ETFs and other “safe” bets. Think of it as the financial equivalent of having a backup plan for your backup plan. The numbers: $21.5 million in IVV, $19.6 million in BSEP, etc. Because nothing says “I’m diversified” like a spreadsheet full of tickers.

Stewart’s stock is down 1% over the past year, while the S&P 500 is up 20%. But hey, at least Stewart’s dividend yield is 3.1%. Because nothing says “solid investment” like a company paying you to hold its stock.

Company Overview

Metric Value
Revenue (TTM) $2.7 billion
Net income (TTM) $87.8 million
Dividend yield 3.1%
Price (as of market close Friday) $68.27

Company Snapshot

Stewart Information Services Corporation is the real estate version of a helpful friend who always knows the right thing to say. They handle title insurance, transaction fees, appraisal management, and even online notarization. Because nothing says “trust us” like a company that can legally verify your signature via video call.

Foolish Take

Outlook Wealth Advisors’ sale of STC shares might be a sign of portfolio rebalancing-or a panic attack disguised as strategy. After all, why hold onto a stock that’s already beaten expectations? Unless you’re a contrarian investor, in which case you’re just waiting for the market to crash so you can buy more. The fund still has $3.7 million in STC, which is roughly 0.9% of their assets. Because nothing says “confidence” like holding 1% of your portfolio in a single stock.

Stewart’s third-quarter report? 19% revenue growth, 47% net income increase, and EPS up from $1.07 to $1.55. But let’s not get too excited. The real estate market is as stable as a toddler on a trampoline. So why keep the stake? Maybe they’re hedging against the possibility that the housing recovery actually happens in 2026. Or maybe they’re just waiting for the next crisis to buy low.

Glossary

13F reportable AUM: The financial equivalent of telling your boss you’re “keeping track” of your investments.

AUM (assets under management): The total amount of money you’re pretending to care about.

Title insurance: The insurance you get when you realize your house is actually a haunted mansion.

Transaction fees: The cost of getting your life together.

Appraisal management: The art of determining how much your house is worth… while your neighbor’s is worth twice as much.

Online notarization: The future of signing documents, because who needs face-to-face interaction?

Ancillary services: The extra stuff you didn’t ask for but now have to pay for.

Direct offices: Company-owned locations that are just as friendly as your local bank branch.

Independent agencies: The franchisees who are technically their own business but still answer to the parent company.

Value chain: The process of turning your money into something you’ll regret buying.

Dividend yield: The percentage of your investment that’s basically a thank-you note from the company.

TTM: The 12-month period that’s always just a little too recent to be reliable.

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2025-11-02 20:53