RIA Advisory Group LLC acquired a new stake in Old Republic International Co. (NYSE:ORI - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 23,573 shares of the insurance provider's stock, valued at approximately $835,000.
Other large investors have also made changes to their positions in the company. Allworth Financial LP boosted its holdings in shares of Old Republic International by 161.9% in 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 last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Old Republic International in the 3rd quarter valued at $31,000. Versant Capital Management Inc boosted 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 acquiring an additional 750 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of Old Republic International by 201.0% in the 2nd quarter. Mather Group LLC. now owns 894 shares of the insurance provider's stock valued at $27,000 after acquiring an additional 597 shares during the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of Old Republic International in the 2nd quarter valued at $30,000. 70.92% of the stock is owned by hedge funds and other institutional investors.
Old Republic International Stock Performance
NYSE ORI traded up $0.18 during mid-day trading on Friday, reaching $37.51. 1,264,498 shares of the stock were exchanged, compared to its average volume of 1,425,754. The business's 50 day moving average is $35.60 and its 200-day moving average is $33.40. Old Republic International Co. has a 1 year low of $27.19 and a 1 year high of $37.78. The company has a market capitalization of $9.51 billion, a P/E ratio of 12.93 and a beta of 0.84. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.28 and a current ratio of 0.28.
Analyst Upgrades and Downgrades
Separately, Piper Sandler upped their price objective on shares of Old Republic International from $36.00 to $37.00 and gave the company an "overweight" rating in a report on Monday, October 21st.
Read Our Latest Stock Analysis on Old Republic International
Old Republic International Profile
(
Free Report)
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.
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