Robeco Institutional Asset Management B.V. Grows Position in Old Republic International Co. (NYSE:ORI)

Robeco Institutional Asset Management B.V. raised its holdings in Old Republic International Co. (NYSE:ORI - Free Report) by 8.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 229,932 shares of the insurance provider's stock after buying an additional 18,397 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.09% of Old Republic International worth $8,144,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Allworth Financial LP lifted its stake in Old Republic International by 161.9% during the 3rd quarter. Allworth Financial LP now owns 728 shares of the insurance provider's stock valued at $26,000 after acquiring an additional 450 shares during the period. V Square Quantitative Management LLC purchased a new position in shares of Old Republic International during the 3rd quarter valued at about $31,000. Versant Capital Management Inc lifted its holdings in shares of Old Republic International by 555.6% in the 2nd quarter. Versant Capital Management Inc now owns 885 shares of the insurance provider's stock valued at $27,000 after buying an additional 750 shares during the period. Mather Group LLC. grew its holdings in Old Republic International by 201.0% during the second quarter. Mather Group LLC. now owns 894 shares of the insurance provider's stock worth $27,000 after acquiring an additional 597 shares during the period. Finally, Innealta Capital LLC purchased a new position in Old Republic International during the second quarter valued at approximately $30,000. 70.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price objective 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 Price Performance

Shares of Old Republic International stock traded up $0.48 on Friday, hitting $36.81. The company's stock had a trading volume of 886,226 shares, compared to its average volume of 1,430,170. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.29 and a current ratio of 0.28. Old Republic International Co. has a 1 year low of $27.19 and a 1 year high of $37.16. The firm has a fifty day moving average price of $35.40 and a 200-day moving average price of $33.10. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 12.76 and a beta of 0.84.

Old Republic International Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 6th were paid a dividend of $1.06 per share. The ex-dividend date was Friday, September 6th. This represents a dividend yield of 3.05%. Old Republic International's dividend payout ratio is currently 36.55%.

Old Republic International Company 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.