From MarketBeat: StockNews.com Lowers Investors Title (NASDAQ:ITIC) to Hold
From MarketBeat:
Investors Title was downgraded by StockNews.com from a “buy” rating to a “hold” rating. Separately, TheStreet also downgraded the company. The stock traded down on Friday, hitting $162.39. The company last posted its earnings results on November 2nd, reporting $3.75 earnings per share. Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc, BNP Paribas Arbitrage SA, Citigroup Inc., Deutsche Bank AG, and Tower Research Capital LLC TRC are among the top institutional investors in the company. Investors Title Company engages in the issuance of residential and commercial title insurance for various types of properties. MarketBeat’s editorial team reviewed the article prior to publication and it was generated by narrative science technology. Investors interested in generating income with their stock portfolio can also receive a free report on high-yield stocks.
Original: StockNews.com Lowers Investors Title (NASDAQ:ITIC) to Hold