EntryPoint Capital LLC Invests $536,000 in Old Republic International Co. (NYSE:ORI)

EntryPoint Capital LLC bought a new position in Old Republic International Co. (NYSE:ORI - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 14,811 shares of the insurance provider's stock, valued at approximately $536,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Parallel Advisors LLC raised its stake in Old Republic International by 1.6% during the 4th quarter. Parallel Advisors LLC now owns 18,884 shares of the insurance provider's stock worth $683,000 after buying an additional 290 shares during the period. Venturi Wealth Management LLC boosted its position in Old Republic International by 1.6% during the 4th quarter. Venturi Wealth Management LLC now owns 18,715 shares of the insurance provider's stock worth $677,000 after acquiring an additional 295 shares during the last quarter. Ironwood Investment Management LLC grew its stake in shares of Old Republic International by 1.3% during the 4th quarter. Ironwood Investment Management LLC now owns 23,485 shares of the insurance provider's stock worth $850,000 after acquiring an additional 301 shares in the last quarter. Atomi Financial Group Inc. raised its holdings in shares of Old Republic International by 4.1% in the fourth quarter. Atomi Financial Group Inc. now owns 7,714 shares of the insurance provider's stock valued at $279,000 after purchasing an additional 302 shares during the last quarter. Finally, Berry Wealth Group LP increased its stake in Old Republic International by 5.2% in the 4th quarter. Berry Wealth Group LP now owns 6,251 shares of the insurance provider's stock valued at $226,000 after buying an additional 310 shares during the last quarter. 70.92% of the stock is owned by institutional investors.

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Insider Buying and Selling

In other Old Republic International news, SVP Jeffrey Lange sold 1,098 shares of the business's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $36.56, for a total transaction of $40,142.88. Following the completion of the transaction, the senior vice president now 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Thomas Dare sold 27,457 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $36.50, for a total transaction of $1,002,180.50. Following the completion of the sale, the vice president now owns 46,556 shares in the company, valued at approximately $1,699,294. The trade was a 37.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,039 shares of company stock worth $1,580,733. Company insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Old Republic International from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th.

Old Republic International Stock Performance

Shares of NYSE ORI traded down $0.22 during trading hours on Friday, reaching $38.83. 519,378 shares of the stock were exchanged, compared to its average volume of 1,202,152. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.62. The stock's fifty day simple moving average is $36.98 and its 200 day simple moving average is $36.38. Old Republic International Co. has a 52 week low of $28.59 and a 52 week high of $39.31. The firm has a market capitalization of $9.64 billion, a price-to-earnings ratio of 14.76 and a beta of 0.83.

Old Republic International (NYSE:ORI - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The insurance provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.71 by $0.19. Old Republic International had a net margin of 10.36% and a return on equity of 20.32%. Sell-side analysts predict that Old Republic International Co. will post 3.17 EPS for the current year.

Old Republic International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Monday, March 10th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.99%. This is an increase from Old Republic International's previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Monday, March 10th. Old Republic International's dividend payout ratio is presently 44.11%.

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.