DDD Partners LLC Sells 10,892 Shares of Old Republic International Co. (NYSE:ORI)

DDD Partners LLC decreased its holdings in shares of Old Republic International Co. (NYSE:ORI - Free Report) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 642,511 shares of the insurance provider's stock after selling 10,892 shares during the period. Old Republic International comprises approximately 2.9% of DDD Partners LLC's investment portfolio, making the stock its 8th largest holding. DDD Partners LLC owned approximately 0.25% of Old Republic International worth $23,252,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Allworth Financial LP grew its stake in Old Republic International by 60.4% during the 4th quarter. Allworth Financial LP now owns 1,168 shares of the insurance provider's stock worth $42,000 after purchasing an additional 440 shares in the last quarter. Everhart Financial Group Inc. raised its stake in Old Republic International by 3.8% in the fourth quarter. Everhart Financial Group Inc. now owns 16,833 shares of the insurance provider's stock valued at $609,000 after buying an additional 620 shares in the last quarter. V Square Quantitative Management LLC lifted its holdings in Old Republic International by 63.8% during the 4th quarter. V Square Quantitative Management LLC now owns 1,443 shares of the insurance provider's stock worth $52,000 after buying an additional 562 shares during the last quarter. Core Alternative Capital purchased a new position in shares of Old Republic International in the 4th quarter valued at about $36,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of Old Republic International during the 4th quarter worth about $203,000. Institutional investors and hedge funds own 70.92% of the company's stock.

Old Republic International Stock Performance

Shares of ORI stock traded down $0.02 during mid-day trading on Wednesday, hitting $36.52. 430,892 shares of the stock were exchanged, compared to its average volume of 1,087,269. The stock's fifty day simple moving average is $35.97 and its two-hundred day simple moving average is $35.87. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.62. Old Republic International Co. has a 12-month low of $28.20 and a 12-month high of $39.27. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 13.89 and a beta of 0.88.

Old Republic International (NYSE:ORI - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The insurance provider reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, analysts forecast that Old Republic International Co. will post 3.17 EPS for the current year.

Old Republic International Dividend Announcement

The firm also recently declared a special dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, January 3rd were paid a dividend of $2.00 per share. The ex-dividend date was Friday, January 3rd. Old Republic International's dividend payout ratio is currently 40.30%.

Insiders Place Their Bets

In other news, SVP Jeffrey Lange sold 1,098 shares of the firm's 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 completion of the sale, the senior vice president now owns 34,679 shares in the company, valued at approximately $1,267,864.24. This trade represents a 3.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 approximately $1,219,760.60. This trade represents a 21.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by insiders.

Analyst Ratings Changes

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

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.