First Eagle Investment Management LLC Raises Stock Holdings in Old Republic International Co. (NYSE:ORI)

First Eagle Investment Management LLC boosted its stake in shares of Old Republic International Co. (NYSE:ORI - Free Report) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 467,785 shares of the insurance provider's stock after acquiring an additional 17,600 shares during the quarter. First Eagle Investment Management LLC owned about 0.18% of Old Republic International worth $16,929,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC increased its stake in Old Republic International by 1.6% during the fourth 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. Atomi Financial Group Inc. increased its stake in Old Republic International by 4.1% during the fourth quarter. Atomi Financial Group Inc. now owns 7,714 shares of the insurance provider's stock worth $279,000 after acquiring an additional 302 shares during the last quarter. Berry Wealth Group LP increased its stake in Old Republic International by 5.2% during the fourth quarter. Berry Wealth Group LP now owns 6,251 shares of the insurance provider's stock worth $226,000 after acquiring an additional 310 shares during the last quarter. SPC Financial Inc. boosted its position in shares of Old Republic International by 1.8% during the fourth quarter. SPC Financial Inc. now owns 18,012 shares of the insurance provider's stock valued at $652,000 after buying an additional 312 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Old Republic International by 0.4% during the third quarter. Integrated Wealth Concepts LLC now owns 83,723 shares of the insurance provider's stock valued at $2,965,000 after buying an additional 315 shares during the period. 70.92% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

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

Old Republic International Trading Up 2.2 %

NYSE:ORI traded up $0.82 during midday trading on Friday, hitting $37.41. The stock had a trading volume of 1,046,793 shares, compared to its average volume of 1,241,097. Old Republic International Co. has a one year low of $28.59 and a one year high of $39.27. The company has a market capitalization of $9.28 billion, a price-to-earnings ratio of 14.22 and a beta of 0.83. The stock has a 50-day moving average of $36.33 and a 200 day moving average of $36.24. The company has a quick ratio of 0.28, a current ratio of 0.62 and a debt-to-equity ratio of 0.28.

Old Republic International (NYSE:ORI - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The insurance provider reported $0.90 earnings per share (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 EPS for the current year.

Old Republic International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.16 annualized dividend and a yield of 3.10%. This is a boost from Old Republic International's previous quarterly dividend of $0.27. Old Republic International's dividend payout ratio is 44.11%.

Insider Buying and Selling at Old Republic International

In other news, SVP Carolyn Monroe sold 9,188 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total value 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 $1,219,760.60. This trade represents a 21.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffrey Lange sold 1,098 shares of the firm's stock in a transaction on Friday, January 31st. The stock was 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 directly owns 34,679 shares of the company's stock, valued at $1,267,864.24. The trade was a 3.07 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 43,039 shares of company stock valued at $1,580,733. 0.78% of the stock is currently owned by corporate insiders.

About Old Republic International

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.