Investors Title (NASDAQ:ITIC - Get Free Report)'s stock had its "buy (b)" rating reaffirmed by research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.
Investors Title Price Performance
Shares of NASDAQ ITIC opened at $261.07 on Wednesday. Investors Title has a one year low of $190.20 and a one year high of $290.40. The firm's 50 day simple moving average is $247.26 and its two-hundred day simple moving average is $230.60. The stock has a market capitalization of $492.90 million, a P/E ratio of 14.94 and a beta of 0.87.
Investors Title (NASDAQ:ITIC - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The insurance provider reported $6.48 EPS for the quarter. Investors Title had a net margin of 12.28% and a return on equity of 12.70%.
Institutional Trading of Investors Title
Several hedge funds and other institutional investors have recently bought and sold shares of ITIC. Vanguard Group Inc. lifted its position in Investors Title by 1.0% in the first quarter. Vanguard Group Inc. now owns 75,800 shares of the insurance provider's stock valued at $18,274,000 after purchasing an additional 730 shares during the last quarter. Invesco Ltd. lifted its position in Investors Title by 55.6% in the first quarter. Invesco Ltd. now owns 1,559 shares of the insurance provider's stock valued at $376,000 after purchasing an additional 557 shares during the last quarter. Nuveen LLC bought a new stake in Investors Title in the first quarter valued at approximately $861,000. American Century Companies Inc. lifted its position in Investors Title by 22.3% in the first quarter. American Century Companies Inc. now owns 13,192 shares of the insurance provider's stock valued at $3,180,000 after purchasing an additional 2,404 shares during the last quarter. Finally, Martingale Asset Management L P lifted its position in Investors Title by 3.4% in the first quarter. Martingale Asset Management L P now owns 1,480 shares of the insurance provider's stock valued at $357,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 41.40% of the company's stock.
Investors Title Company Profile
(
Get Free Report)
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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