Cozad Asset Management Inc. Sells 34,738 Shares of Old Republic International Co. (NYSE:ORI)

Cozad Asset Management Inc. lowered its stake in Old Republic International Co. (NYSE:ORI - Free Report) by 40.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,406 shares of the insurance provider's stock after selling 34,738 shares during the quarter. Cozad Asset Management Inc.'s holdings in Old Republic International were worth $1,785,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its position in Old Republic International by 161.9% in the third quarter. Allworth Financial LP now owns 728 shares of the insurance provider's stock worth $26,000 after purchasing an additional 450 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Old Republic International during the 3rd quarter valued at $31,000. Versant Capital Management Inc lifted its position in shares of Old Republic International by 555.6% in the second quarter. Versant Capital Management Inc now owns 885 shares of the insurance provider's stock valued at $27,000 after acquiring an additional 750 shares in the last quarter. Mather Group LLC. boosted its stake in Old Republic International by 201.0% in the 2nd quarter. Mather Group LLC. now owns 894 shares of the insurance provider's stock worth $27,000 after purchasing an additional 597 shares during the period. Finally, Innealta Capital LLC purchased a new stake in Old Republic International during the 2nd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 70.92% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their target price on shares of Old Republic International from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st.

Old Republic International Trading Up 1.2 %

Shares of Old Republic International stock traded up $0.45 on Friday, reaching $36.78. The company had a trading volume of 597,255 shares, compared to its average volume of 1,429,249. The firm's 50-day moving average price is $35.40 and its two-hundred day moving average price is $33.10. Old Republic International Co. has a 1 year low of $27.19 and a 1 year high of $37.16. The firm has a market cap of $9.33 billion, a price-to-earnings ratio of 12.76 and a beta of 0.84. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.28 and a quick ratio of 0.29.

Old Republic International Dividend Announcement

The company also recently announced an annual dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 6th were paid a $1.06 dividend. This represents a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, September 6th. Old Republic International's dividend payout ratio is currently 36.55%.

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.