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

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

Shares of Investors Title (NASDAQ:ITIC) traded down $2.78 during trading on Friday, hitting $191.72. The stock had a trading volume of 4,376 shares, compared to its average volume of 3,000. Investors Title has a one year low of $118.10 and a one year high of $221.88. The company has a market cap of $371.37, a PE ratio of 17.19 and a beta of 0.81.

Several institutional investors have recently made changes to their positions in ITIC. Martingale Asset Management L P bought a new stake in shares of Investors Title during the 2nd quarter worth approximately $503,000. Vanguard Group Inc. raised its stake in Investors Title by 5.3% in the 2nd quarter. Vanguard Group Inc. now owns 43,967 shares of the insurance provider’s stock valued at $8,505,000 after acquiring an additional 2,225 shares during the period. State Street Corp raised its stake in Investors Title by 11.4% in the 2nd quarter. State Street Corp now owns 21,660 shares of the insurance provider’s stock valued at $4,189,000 after acquiring an additional 2,223 shares during the period. California Public Employees Retirement System raised its stake in Investors Title by 33.3% in the 2nd quarter. California Public Employees Retirement System now owns 6,400 shares of the insurance provider’s stock valued at $1,238,000 after acquiring an additional 1,600 shares during the period. Finally, SG Americas Securities LLC bought a new stake in Investors Title in the 2nd quarter valued at $299,000. Institutional investors own 41.87% of the company’s stock.

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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).

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