StockNews.com downgraded shares of Investors Title (NASDAQ:ITIC – Free Report) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning.
Investors Title Trading Up 1.8 %
Investors Title stock opened at $228.58 on Tuesday. Investors Title has a 1 year low of $146.41 and a 1 year high of $290.40. The company has a market cap of $429.73 million, a PE ratio of 15.13 and a beta of 0.91. The company’s 50-day moving average is $237.89 and its two-hundred day moving average is $235.59.
Institutional Trading of Investors Title
A number of large investors have recently bought and sold shares of ITIC. Mountain Hill Investment Partners Corp. bought a new position in shares of Investors Title during the 4th quarter worth approximately $47,000. Meeder Asset Management Inc. grew its stake in shares of Investors Title by 455.8% during the 3rd quarter. Meeder Asset Management Inc. now owns 239 shares of the insurance provider’s stock worth $55,000 after acquiring an additional 196 shares in the last quarter. FMR LLC grew its stake in shares of Investors Title by 73.6% during the 3rd quarter. FMR LLC now owns 479 shares of the insurance provider’s stock worth $110,000 after acquiring an additional 203 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Investors Title during the 3rd quarter worth approximately $117,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Investors Title by 65.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 540 shares of the insurance provider’s stock worth $124,000 after acquiring an additional 214 shares in the last quarter. 41.40% of the stock is owned by institutional investors.
About Investors Title
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.
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