48,385 Shares in Orion Group Holdings, Inc. (NYSE:ORN) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in Orion Group Holdings, Inc. (NYSE:ORN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 48,385 shares of the construction company's stock, valued at approximately $355,000. Dynamic Technology Lab Private Ltd owned approximately 0.12% of Orion Group at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORN. Wells Fargo & Company MN raised its holdings in Orion Group by 50.1% during the 4th quarter. Wells Fargo & Company MN now owns 21,146 shares of the construction company's stock worth $155,000 after buying an additional 7,062 shares during the period. Integrated Quantitative Investments LLC acquired a new stake in Orion Group during the fourth quarter valued at $254,000. Perritt Capital Management Inc acquired a new position in shares of Orion Group during the 4th quarter worth $73,000. Geode Capital Management LLC raised its holdings in Orion Group by 15.0% during the fourth quarter. Geode Capital Management LLC now owns 778,443 shares of the construction company's stock valued at $5,707,000 after buying an additional 101,526 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Orion Group in the 4th quarter worth approximately $102,000. Institutional investors own 70.25% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on ORN. B. Riley upgraded shares of Orion Group from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, March 18th. StockNews.com downgraded Orion Group from a "buy" rating to a "hold" rating in a report on Sunday, March 23rd. Finally, DA Davidson started coverage on shares of Orion Group in a research report on Friday, January 17th. They set a "buy" rating and a $11.00 target price for the company.

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Orion Group Stock Up 0.4 %

ORN stock traded up $0.03 during trading hours on Tuesday, reaching $5.77. 124,894 shares of the stock were exchanged, compared to its average volume of 451,813. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.35 and a quick ratio of 1.33. The company has a market cap of $223.88 million, a price-to-earnings ratio of -14.41, a PEG ratio of 1.10 and a beta of 0.81. Orion Group Holdings, Inc. has a 12 month low of $4.64 and a 12 month high of $12.12. The firm's 50-day moving average is $6.33 and its 200-day moving average is $6.99.

Orion Group (NYSE:ORN - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The construction company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. Orion Group had a negative net margin of 1.63% and a negative return on equity of 0.71%. The company had revenue of $216.88 million during the quarter, compared to the consensus estimate of $271.70 million. During the same quarter last year, the firm posted $0.08 EPS. On average, equities research analysts expect that Orion Group Holdings, Inc. will post 0.06 earnings per share for the current year.

Orion Group Company Profile

Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.