Old Republic International Co. (NYSE:ORI) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its stake in Old Republic International Co. (NYSE:ORI - Free Report) by 11.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,529 shares of the insurance provider's stock after selling 16,214 shares during the quarter. Mutual of America Capital Management LLC owned about 0.05% of Old Republic International worth $4,552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC grew its stake in Old Republic International by 309.6% in the second quarter. SG Americas Securities LLC now owns 21,695 shares of the insurance provider's stock valued at $670,000 after purchasing an additional 16,399 shares during the last quarter. RIA Advisory Group LLC purchased a new position in shares of Old Republic International in the 3rd quarter worth approximately $835,000. Rothschild Investment LLC bought a new position in shares of Old Republic International during the 2nd quarter worth approximately $1,945,000. Comerica Bank lifted its position in Old Republic International by 12.5% during the first quarter. Comerica Bank now owns 160,211 shares of the insurance provider's stock valued at $4,922,000 after acquiring an additional 17,831 shares during the last quarter. Finally, Colonial River Investments LLC purchased a new stake in Old Republic International during the third quarter valued at approximately $524,000. 70.92% of the stock is currently owned by hedge funds and other institutional investors.

Old Republic International Stock Up 1.3 %

NYSE ORI traded up $0.49 during trading on Thursday, hitting $38.22. The company's stock had a trading volume of 852,800 shares, compared to its average volume of 1,418,584. Old Republic International Co. has a fifty-two week low of $27.19 and a fifty-two week high of $38.30. The company has a market cap of $9.69 billion, a PE ratio of 13.01 and a beta of 0.84. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.28 and a quick ratio of 0.28. The business's 50 day simple moving average is $35.77 and its 200-day simple moving average is $33.58.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped 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.

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.