Harbor Capital Advisors Inc. Makes New $1.87 Million Investment in Orion Group Holdings, Inc. (NYSE:ORN)

Harbor Capital Advisors Inc. bought a new stake in Orion Group Holdings, Inc. (NYSE:ORN - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 324,534 shares of the construction company's stock, valued at approximately $1,873,000. Harbor Capital Advisors Inc. owned 0.97% of Orion Group as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in shares of Orion Group during the 2nd quarter worth approximately $897,000. Dimensional Fund Advisors LP raised its holdings in shares of Orion Group by 2.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,882,898 shares of the construction company's stock valued at $17,907,000 after purchasing an additional 46,079 shares during the period. American Century Companies Inc. raised its holdings in shares of Orion Group by 311.9% during the second quarter. American Century Companies Inc. now owns 453,461 shares of the construction company's stock valued at $4,312,000 after purchasing an additional 343,368 shares during the period. Empowered Funds LLC raised its holdings in shares of Orion Group by 8.2% during the first quarter. Empowered Funds LLC now owns 220,191 shares of the construction company's stock valued at $1,806,000 after purchasing an additional 16,625 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Orion Group during the first quarter valued at about $83,000. 70.25% of the stock is owned by institutional investors.

Orion Group Price Performance

NYSE ORN traded up $1.04 during trading on Tuesday, reaching $7.34. The company's stock had a trading volume of 761,786 shares, compared to its average volume of 413,681. The stock has a market capitalization of $285.53 million, a PE ratio of -18.35, a P/E/G ratio of 8.40 and a beta of 0.80. 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 firm has a fifty day moving average of $6.13 and a 200 day moving average of $7.83. Orion Group Holdings, Inc. has a one year low of $4.09 and a one year high of $12.12.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Orion Group from a "hold" rating to a "buy" rating in a report on Friday.

Insider Transactions at Orion Group

In other Orion Group news, EVP Edward Chipman Earle bought 15,633 shares of the company's stock in a transaction dated Friday, September 13th. The shares were purchased at an average price of $6.05 per share, for a total transaction of $94,579.65. Following the acquisition, the executive vice president now owns 86,235 shares in the company, valued at approximately $521,721.75. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Travis J. Boone acquired 3,700 shares of the business's stock in a transaction on Thursday, August 8th. The stock was acquired at an average cost of $6.79 per share, with a total value of $25,123.00. Following the acquisition, the chief executive officer now directly owns 488,719 shares in the company, valued at $3,318,402.01. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Edward Chipman Earle bought 15,633 shares of the business's stock in a transaction that occurred on Friday, September 13th. The stock was acquired at an average cost of $6.05 per share, with a total value of $94,579.65. Following the completion of the acquisition, the executive vice president now owns 86,235 shares of the company's stock, valued at $521,721.75. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders bought 23,453 shares of company stock worth $144,423. 7.30% of the stock is currently owned by corporate insiders.

Orion Group 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.