Investors Title (ITIC) Stock Rating Lowered by BidaskClub

BidaskClub downgraded shares of Investors Title (NASDAQ:ITIC) from a hold rating to a sell rating in a report released on Monday, February 4th.

ITIC stock opened at $171.76 on Monday. The company has a market capitalization of $326.57 million, a PE ratio of 15.00 and a beta of 0.38. Investors Title has a 1-year low of $156.00 and a 1-year high of $209.95.

Investors Title (NASDAQ:ITIC) last released its quarterly earnings results on Friday, February 8th. The insurance provider reported $0.07 EPS for the quarter. Investors Title had a return on equity of 11.69% and a net margin of 14.01%. The business had revenue of $32.29 million for the quarter.

Hedge funds have recently bought and sold shares of the company. Metropolitan Life Insurance Co. NY acquired a new position in shares of Investors Title in the 4th quarter valued at $89,000. SG Americas Securities LLC acquired a new stake in Investors Title during the 4th quarter worth $110,000. MetLife Investment Advisors LLC bought a new position in Investors Title during the 4th quarter worth about $121,000. Semmax Financial Advisors Inc. bought a new position in Investors Title during the 4th quarter worth about $146,000. Finally, Nisa Investment Advisors LLC increased its holdings in Investors Title by 3,714.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,335 shares of the insurance provider’s stock worth $236,000 after purchasing an additional 1,300 shares in the last quarter. 42.35% of the stock is currently owned by institutional investors.

Investors Title Company Profile

Investors Title Company, through its subsidiaries, provides 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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