Thompson Siegel & Walmsley LLC Acquires 6,494 Shares of Old Republic International Co. (NYSE:ORI)

Thompson Siegel & Walmsley LLC boosted its holdings in shares of Old Republic International Co. (NYSE:ORI) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 438,547 shares of the insurance provider’s stock after buying an additional 6,494 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.17% of Old Republic International worth $15,871,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Venturi Wealth Management LLC lifted its stake in Old Republic International by 1.6% during the fourth quarter. Venturi Wealth Management LLC now owns 18,715 shares of the insurance provider’s stock worth $677,000 after purchasing an additional 295 shares during the last quarter. Atomi Financial Group Inc. lifted its stake in Old Republic International by 4.1% during the fourth quarter. Atomi Financial Group Inc. now owns 7,714 shares of the insurance provider’s stock worth $279,000 after purchasing an additional 302 shares during the last quarter. Berry Wealth Group LP lifted its stake in Old Republic International by 5.2% during the fourth quarter. Berry Wealth Group LP now owns 6,251 shares of the insurance provider’s stock worth $226,000 after purchasing an additional 310 shares during the last quarter. SPC Financial Inc. lifted its stake in Old Republic International by 1.8% during the fourth quarter. SPC Financial Inc. now owns 18,012 shares of the insurance provider’s stock worth $652,000 after purchasing an additional 312 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in Old Republic International by 0.4% during the third quarter. Integrated Wealth Concepts LLC now owns 83,723 shares of the insurance provider’s stock worth $2,965,000 after purchasing an additional 315 shares during the last quarter. Institutional investors own 70.92% of the company’s stock.

Insider Transactions at Old Republic International

In related news, SVP Carolyn Monroe sold 9,188 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total transaction of $333,983.80. Following the transaction, the senior vice president now owns 33,556 shares in the company, valued at $1,219,760.60. The trade was a 21.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jeffrey Lange sold 1,098 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $36.56, for a total value of $40,142.88. Following the transaction, the senior vice president now owns 34,679 shares in the company, valued at approximately $1,267,864.24. This represents a 3.07 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,582 shares of company stock worth $578,552. Company insiders own 0.78% of the company’s stock.

Old Republic International Stock Down 0.5 %

ORI opened at $36.48 on Thursday. The company has a market cap of $9.06 billion, a P/E ratio of 13.87 and a beta of 0.83. The business’s 50-day moving average price is $36.26 and its 200-day moving average price is $36.21. The company has a current ratio of 0.62, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. Old Republic International Co. has a 12 month low of $28.59 and a 12 month high of $39.27.

Old Republic International (NYSE:ORI) last released its quarterly earnings data on Thursday, January 23rd. The insurance provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.71 by $0.19. Old Republic International had a return on equity of 20.32% and a net margin of 10.36%. On average, equities analysts expect that Old Republic International Co. will post 3.17 EPS for the current year.

Old Republic International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.16 annualized dividend and a dividend yield of 3.18%. This is an increase from Old Republic International’s previous quarterly dividend of $0.27. Old Republic International’s payout ratio is currently 44.11%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Old Republic International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Old Republic International Company Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business.