SG Americas Securities LLC Acquires 107 Shares of Investors Title (NASDAQ:ITIC)

SG Americas Securities LLC lifted its position in Investors Title (NASDAQ:ITIC) by 21.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 616 shares of the insurance provider’s stock after acquiring an additional 107 shares during the quarter. SG Americas Securities LLC’s holdings in Investors Title were worth $146,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in shares of Investors Title by 2.5% during the third quarter. Geode Capital Management LLC now owns 33,275 shares of the insurance provider’s stock valued at $7,648,000 after acquiring an additional 809 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Investors Title by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,169 shares of the insurance provider’s stock valued at $958,000 after buying an additional 142 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Investors Title by 187.5% in the third quarter. JPMorgan Chase & Co. now owns 3,260 shares of the insurance provider’s stock valued at $749,000 after purchasing an additional 2,126 shares during the period. Ritholtz Wealth Management increased its holdings in Investors Title by 9.0% in the 3rd quarter. Ritholtz Wealth Management now owns 2,703 shares of the insurance provider’s stock worth $621,000 after acquiring an additional 223 shares in the last quarter. Finally, Barclays PLC raised its position in shares of Investors Title by 127.2% during the 3rd quarter. Barclays PLC now owns 2,406 shares of the insurance provider’s stock worth $553,000 after purchasing an additional 1,347 shares during the last quarter. Institutional investors own 41.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Investors Title from a “buy” rating to a “hold” rating in a research note on Tuesday.

Investors Title Trading Up 0.2 %

Investors Title stock opened at $224.52 on Tuesday. The stock has a market cap of $422.10 million, a P/E ratio of 14.86 and a beta of 0.91. Investors Title has a 12-month low of $146.41 and a 12-month high of $290.40. The company has a 50-day moving average price of $238.76 and a 200 day moving average price of $235.44.

Investors Title Company Profile

Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.