Investors Title (ITIC) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Investors Title (NASDAQ: ITIC) recently:

  • 11/8/2019 – Investors Title was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 11/1/2019 – Investors Title was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/31/2019 – Investors Title was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 10/22/2019 – Investors Title was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/16/2019 – Investors Title was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 10/4/2019 – Investors Title was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 9/16/2019 – Investors Title was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/10/2019 – Investors Title was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

Shares of NASDAQ ITIC traded down $2.99 during midday trading on Friday, reaching $158.01. The company’s stock had a trading volume of 7,000 shares, compared to its average volume of 4,222. Investors Title has a 12-month low of $134.04 and a 12-month high of $198.50. The firm has a 50 day moving average price of $163.21 and a 200-day moving average price of $159.46. The stock has a market capitalization of $292.73 million, a P/E ratio of 14.54 and a beta of 0.58. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.16 and a quick ratio of 1.16.

Investors Title (NASDAQ:ITIC) last posted its quarterly earnings results on Monday, August 5th. The insurance provider reported $2.90 EPS for the quarter. The company had revenue of $42.73 million for the quarter. Investors Title had a net margin of 12.41% and a return on equity of 11.09%.

Large investors have recently bought and sold shares of the stock. First Trust Advisors LP raised its holdings in Investors Title by 32.4% during the 3rd quarter. First Trust Advisors LP now owns 3,214 shares of the insurance provider’s stock valued at $515,000 after acquiring an additional 786 shares during the period. California Public Employees Retirement System boosted its position in Investors Title by 4.9% during the third quarter. California Public Employees Retirement System now owns 5,357 shares of the insurance provider’s stock valued at $858,000 after buying an additional 250 shares during the period. Rhumbline Advisers boosted its position in Investors Title by 9.6% during the third quarter. Rhumbline Advisers now owns 2,183 shares of the insurance provider’s stock valued at $349,000 after buying an additional 192 shares during the period. Colony Group LLC purchased a new stake in Investors Title during the second quarter valued at about $236,000. Finally, Vanguard Group Inc. boosted its position in Investors Title by 1.5% during the second quarter. Vanguard Group Inc. now owns 59,979 shares of the insurance provider’s stock valued at $10,016,000 after buying an additional 869 shares during the period. 41.97% of the stock is currently owned by institutional investors.

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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