Investors Title (NASDAQ:ITIC) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

Shares of Investors Title (ITIC) opened at $193.38 on Tuesday. The company has a market cap of $358.57, a price-to-earnings ratio of 14.26 and a beta of 0.69. Investors Title has a one year low of $126.00 and a one year high of $221.88.

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Investors Title by 5.3% during the 2nd quarter. Vanguard Group Inc. now owns 43,967 shares of the insurance provider’s stock valued at $8,505,000 after purchasing an additional 2,225 shares in the last quarter. Alliancebernstein L.P. bought a new stake in shares of Investors Title in the 2nd quarter worth $251,000. State Street Corp grew its stake in shares of Investors Title by 11.4% in the 2nd quarter. State Street Corp now owns 21,660 shares of the insurance provider’s stock worth $4,189,000 after acquiring an additional 2,223 shares in the last quarter. New York State Common Retirement Fund grew its stake in shares of Investors Title by 73.5% in the 2nd quarter. New York State Common Retirement Fund now owns 2,599 shares of the insurance provider’s stock worth $503,000 after acquiring an additional 1,101 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its stake in shares of Investors Title by 25.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 3,643 shares of the insurance provider’s stock worth $652,000 after acquiring an additional 743 shares in the last quarter. Institutional investors and hedge funds own 41.86% of the company’s stock.

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Investors Title Company Profile

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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