State Street Corp Has $3.19 Million Stake in Orion Group Holdings, Inc. (NYSE:ORN)

State Street Corp raised its position in Orion Group Holdings, Inc. (NYSE:ORN - Free Report) by 27.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 552,152 shares of the construction company's stock after acquiring an additional 118,296 shares during the period. State Street Corp owned about 1.42% of Orion Group worth $3,186,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of ORN. Intech Investment Management LLC acquired a new position in Orion Group during the third quarter worth $63,000. SG Americas Securities LLC acquired a new position in Orion Group during the third quarter worth approximately $67,000. Valmark Advisers Inc. acquired a new stake in shares of Orion Group in the second quarter valued at approximately $107,000. The Manufacturers Life Insurance Company acquired a new position in shares of Orion Group during the 2nd quarter worth approximately $115,000. Finally, Quantbot Technologies LP bought a new position in Orion Group during the third quarter worth $120,000. Institutional investors and hedge funds own 70.25% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Orion Group from a "hold" rating to a "buy" rating in a research report on Friday, November 1st.

Orion Group Stock Performance

NYSE ORN traded down $0.18 on Tuesday, reaching $7.33. The stock had a trading volume of 209,471 shares, compared to its average volume of 410,595. Orion Group Holdings, Inc. has a 1-year low of $4.41 and a 1-year high of $12.12. 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 company has a market cap of $285.14 million, a P/E ratio of -18.32, a price-to-earnings-growth ratio of 3.44 and a beta of 0.89. The firm has a fifty day moving average of $7.69 and a two-hundred day moving average of $7.65.

Orion Group Company 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.