Old Republic International Co. (NYSE:ORI) Stock Holdings Increased by Venturi Wealth Management LLC

Venturi Wealth Management LLC raised its holdings in shares of Old Republic International Co. (NYSE:ORI) by 1.6% during the 4th quarter, Holdings Channel reports. The fund owned 18,715 shares of the insurance provider’s stock after purchasing an additional 295 shares during the period. Venturi Wealth Management LLC’s holdings in Old Republic International were worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Hamlin Capital Management LLC increased its position in shares of Old Republic International by 8.0% during the 3rd quarter. Hamlin Capital Management LLC now owns 5,134,096 shares of the insurance provider’s stock valued at $181,850,000 after purchasing an additional 379,474 shares during the period. Point72 Asset Management L.P. increased its position in shares of Old Republic International by 162.4% during the 3rd quarter. Point72 Asset Management L.P. now owns 610,150 shares of the insurance provider’s stock valued at $21,612,000 after purchasing an additional 377,605 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Old Republic International during the 3rd quarter valued at $7,965,000. Orca Wealth Management LLC acquired a new position in shares of Old Republic International in the 4th quarter worth $5,209,000. Finally, Franklin Resources Inc. grew its holdings in shares of Old Republic International by 39.6% in the 3rd quarter. Franklin Resources Inc. now owns 454,792 shares of the insurance provider’s stock worth $16,209,000 after acquiring an additional 128,896 shares during the last quarter. Institutional investors own 70.92% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut Old Republic International from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 1st.

Insider Transactions at Old Republic International

In related news, SVP Carolyn Monroe sold 9,188 shares of Old Republic International stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total transaction of $333,983.80. Following the completion of the sale, the senior vice president now owns 33,556 shares of the company’s stock, valued at approximately $1,219,760.60. This trade represents a 21.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffrey Lange sold 1,098 shares of Old Republic International stock in a transaction on Friday, January 31st. The shares were sold at an average price of $36.56, for a total value of $40,142.88. Following the sale, the senior vice president now directly owns 34,679 shares of the company’s stock, valued at approximately $1,267,864.24. The trade was a 3.07 % decrease in their position. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by insiders.

Old Republic International Stock Performance

Shares of NYSE ORI opened at $36.59 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.62 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 13.91 and a beta of 0.88. The stock’s fifty day simple moving average is $35.98 and its 200 day simple moving average is $35.89. Old Republic International Co. has a 52-week low of $28.20 and a 52-week high of $39.27.

Old Republic International (NYSE:ORI) last issued its earnings results 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%. As a group, sell-side analysts forecast that Old Republic International Co. will post 3.17 earnings per share for the current fiscal year.

Old Republic International Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, January 3rd were given a $2.00 dividend. The ex-dividend date was Friday, January 3rd. Old Republic International’s dividend payout ratio (DPR) is presently 40.30%.

Old Republic International 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.