BidaskClub downgraded shares of Investors Title (NASDAQ:ITIC) from a buy rating to a hold rating in a research report released on Tuesday.

Separately, ValuEngine lowered shares of Investors Title from a buy rating to a hold rating in a report on Monday, October 2nd.

Shares of Investors Title (ITIC) traded up $5.29 during midday trading on Tuesday, reaching $194.07. 6,047 shares of the company traded hands, compared to its average volume of 2,522. Investors Title has a fifty-two week low of $118.10 and a fifty-two week high of $203.97. The firm has a market capitalization of $356.23, a price-to-earnings ratio of 16.93 and a beta of 0.81.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were issued a $0.40 dividend. The ex-dividend date was Thursday, November 30th. This represents a $1.60 annualized dividend and a yield of 0.82%. Investors Title’s dividend payout ratio (DPR) is presently 14.35%.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Investors Title by 5.3% in the second quarter. Vanguard Group Inc. now owns 43,967 shares of the insurance provider’s stock worth $8,505,000 after purchasing an additional 2,225 shares during the period. State Street Corp raised its holdings in Investors Title by 11.4% in the second quarter. State Street Corp now owns 21,660 shares of the insurance provider’s stock worth $4,189,000 after purchasing an additional 2,223 shares during the period. BB&T Securities LLC raised its holdings in Investors Title by 5.6% in the second quarter. BB&T Securities LLC now owns 7,121 shares of the insurance provider’s stock worth $1,377,000 after purchasing an additional 379 shares during the period. California Public Employees Retirement System raised its holdings in Investors Title by 33.3% in the second quarter. California Public Employees Retirement System now owns 6,400 shares of the insurance provider’s stock worth $1,238,000 after purchasing an additional 1,600 shares during the period. Finally, TIAA CREF Investment Management LLC raised its holdings in Investors Title by 4.2% in the second quarter. TIAA CREF Investment Management LLC now owns 4,063 shares of the insurance provider’s stock worth $786,000 after purchasing an additional 164 shares during the period. Institutional investors own 41.87% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Investors Title (ITIC) Downgraded by BidaskClub” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/investors-title-itic-downgraded-by-bidaskclub/1768294.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 & 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 companies with MarketBeat.com's FREE daily email newsletter.