Investors Title (NASDAQ:ITIC) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

Separately, ValuEngine downgraded Investors Title from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

Shares of Investors Title (ITIC) traded down $0.33 during trading on Thursday, reaching $195.74. The company’s stock had a trading volume of 1,800 shares, compared to its average volume of 3,112. Investors Title has a 52-week low of $118.10 and a 52-week high of $221.88. The firm has a market cap of $369.37, a P/E ratio of 17.56 and a beta of 0.81.

Investors Title (NASDAQ:ITIC) last issued its quarterly earnings results on Thursday, November 2nd. The insurance provider reported $3.13 earnings per share for the quarter. Investors Title had a return on equity of 12.93% and a net margin of 13.22%.

A number of hedge funds have recently added to or reduced their stakes in ITIC. Russell Investments Group Ltd. acquired a new position in Investors Title during the 2nd quarter valued at about $150,000. First Trust Advisors LP acquired a new position in Investors Title during the 2nd quarter valued at about $224,000. Rhumbline Advisers acquired a new position in Investors Title during the 2nd quarter valued at about $293,000. SG Americas Securities LLC acquired a new position in Investors Title during the 2nd quarter valued at about $299,000. Finally, Alliancebernstein L.P. acquired a new position in Investors Title during the 2nd quarter valued at about $251,000. Institutional investors and hedge funds own 41.87% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Investors Title (ITIC) Stock Rating Lowered by BidaskClub” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://www.thecerbatgem.com/2018/01/15/investors-title-itic-stock-rating-lowered-by-bidaskclub.html.

About Investors Title

Investors Title Company is an insurance holding company. The Company, through its subsidiaries, Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC), is engaged in issuance of residential and commercial title insurance, Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC).

Receive News & Stock Ratings for Investors Title Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investors Title and related stocks with our FREE daily email newsletter.