Biglari Capital Corp. Lowers stake in Investors Title Company (ITIC)

Investors Title Company (ITIC) : Biglari Capital Corp. reduced its stake in Investors Title Company by 3.21% during the most recent quarter end. The investment management company now holds a total of 60,509 shares of Investors Title Company which is valued at $7,254,424 after selling 2,004 shares in Investors Title Company , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Investors Title Company makes up approximately 0.58% of Biglari Capital Corp.’s portfolio.

Other Hedge Funds, Including , Whittier Trust Co Of Nevada Inc reduced its stake in ITIC by selling 250 shares or 3.79% in the most recent quarter. The Hedge Fund company now holds 6,350 shares of ITIC which is valued at $679,133. Investors Title Company makes up approx 0.08% of Whittier Trust Co Of Nevada Inc’s portfolio.Blackrock Advisors reduced its stake in ITIC by selling 18 shares or 2.94% in the most recent quarter. The Hedge Fund company now holds 595 shares of ITIC which is valued at $61,583.

Investors Title Company closed down -2.02 points or -1.55% at $128 with 1,436 shares getting traded on Monday. Post opening the session at $129.51, the shares hit an intraday low of $125.1885 and an intraday high of $129.51 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Investors should note that on Nov 15, 2016, Investors Title Company announced a cash dividend of $0.2000. The company’s management has announced Nov 29, 2016 as the ex-dividend date and fixed the record date on Dec 1, 2016. The payable date has been fixed on Dec 15, 2016.

Investors Title Company is a holding company engaged primarily in issuance of residential and commercial title insurance through its subsidiaries Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC). The Company through ITIC and NITIC underwrites title insurance for owners and mortgagees as a primary insurer. The Company also provides tax-deferred real property exchange services through its subsidiaries Investors Title Exchange Corporation and Investors Title Accommodation Corporation; investment management and trust services to individuals trusts and other entities through its subsidiary Investors Trust Company; and consulting and management services to title insurance agencies through its subsidiary Investors Title Management Services.

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