Thompson Siegel & Walmsley LLC lowered its holdings in Old Republic International Co. (NYSE:ORI - Free Report) by 64.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 432,053 shares of the insurance provider's stock after selling 771,146 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.17% of Old Republic International worth $15,303,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of ORI. Allworth Financial LP raised its stake in Old Republic International by 161.9% in the third quarter. Allworth Financial LP now owns 728 shares of the insurance provider's stock valued at $26,000 after purchasing an additional 450 shares in the last quarter. Versant Capital Management Inc increased 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 worth $27,000 after buying an additional 750 shares during the last quarter. Mather Group LLC. raised its position in shares of Old Republic International by 201.0% during the 2nd quarter. Mather Group LLC. now owns 894 shares of the insurance provider's stock valued at $27,000 after buying an additional 597 shares in the last quarter. Innealta Capital LLC bought a new stake in shares of Old Republic International during the 2nd quarter worth $30,000. Finally, V Square Quantitative Management LLC purchased a new position in Old Republic International in the third quarter worth $31,000. Institutional investors own 70.92% of the company's stock.
Analysts Set New Price Targets
Separately, Piper Sandler raised their price target on Old Republic International from $36.00 to $37.00 and gave the company an "overweight" rating in a research report on Monday, October 21st.
Read Our Latest Research Report on Old Republic International
Old Republic International Price Performance
ORI traded up $0.49 during midday trading on Thursday, hitting $38.22. The stock had a trading volume of 852,850 shares, compared to its average volume of 1,418,584. Old Republic International Co. has a 1 year low of $27.19 and a 1 year high of $38.30. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.28 and a current ratio of 0.28. The business has a fifty day moving average of $35.77 and a 200 day moving average of $33.58. The company has a market cap of $9.69 billion, a P/E ratio of 13.01 and a beta of 0.84.
Old Republic International Company 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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