Measured Wealth Private Client Group LLC Buys 8,669 Shares of Old Republic International Co. (NYSE:ORI)

Measured Wealth Private Client Group LLC boosted its stake in Old Republic International Co. (NYSE:ORI - Free Report) by 83.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,083 shares of the insurance provider's stock after purchasing an additional 8,669 shares during the quarter. Measured Wealth Private Client Group LLC's holdings in Old Republic International were worth $691,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of ORI. Longboard Asset Management LP bought a new position in Old Republic International during the 4th quarter worth about $253,000. Dupree Financial Group LLC increased its position in Old Republic International by 0.8% during the fourth quarter. Dupree Financial Group LLC now owns 208,384 shares of the insurance provider's stock worth $7,541,000 after buying an additional 1,679 shares during the last quarter. Golden State Equity Partners increased its holdings in shares of Old Republic International by 20.3% in the fourth quarter. Golden State Equity Partners now owns 18,271 shares of the insurance provider's stock valued at $661,000 after purchasing an additional 3,086 shares during the last quarter. Berry Wealth Group LP increased its stake in shares of 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 purchasing an additional 310 shares during the period. Finally, Everett Harris & Co. CA acquired a new position in shares of Old Republic International in the fourth quarter valued at about $243,000. Institutional investors own 70.92% of the company's stock.

Analyst Ratings Changes

ORI has been the topic of a number of recent analyst reports. Piper Sandler raised their price target on Old Republic International from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st. StockNews.com downgraded Old Republic International from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 1st.

Old Republic International Stock Down 1.0 %

Old Republic International stock traded down $0.35 during midday trading on Monday, reaching $36.20. The stock had a trading volume of 339,285 shares, compared to its average volume of 1,143,466. Old Republic International Co. has a 12 month low of $28.13 and a 12 month high of $39.27. The company has a fifty day moving average price of $36.18 and a two-hundred day moving average price of $35.75. The company has a current ratio of 0.62, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $9.18 billion, a P/E ratio of 13.76 and a beta of 0.88.

Old Republic International (NYSE:ORI - Get Free Report) last posted its earnings results on Thursday, January 23rd. The insurance provider reported $0.90 earnings per share for the quarter, beating 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%. As a group, equities analysts expect that Old Republic International Co. will post 3.17 EPS for the current fiscal year.

Old Republic International Announces Dividend

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

Insider Activity

In other Old Republic International news, SVP Carolyn Monroe sold 9,188 shares of the company's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total value of $333,983.80. Following the transaction, the senior vice president now directly owns 33,556 shares in the company, valued at $1,219,760.60. This represents a 21.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffrey Lange sold 1,098 shares of Old Republic International stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $36.56, for a total value of $40,142.88. Following the sale, the senior vice president now owns 34,679 shares of the company's stock, valued at approximately $1,267,864.24. This trade represents a 3.07 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by company 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.