UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $49.32 Million Stake in Old Republic International Co. (NYSE:ORI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in Old Republic International Co. (NYSE:ORI - Free Report) by 2.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,392,294 shares of the insurance provider's stock after selling 32,728 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.55% of Old Republic International worth $49,315,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of ORI. Allworth Financial LP boosted its stake in shares of Old Republic International by 161.9% during 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. V Square Quantitative Management LLC bought a new position in Old Republic International in the 3rd quarter valued at approximately $31,000. Versant Capital Management Inc boosted its position in Old Republic International by 555.6% during 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 period. Mather Group LLC. grew its holdings in Old Republic International by 201.0% during the 2nd 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 last quarter. Finally, Innealta Capital LLC acquired a new position in Old Republic International in the 2nd quarter valued at approximately $30,000. Institutional investors and hedge funds own 70.92% of the company's stock.

Old Republic International Trading Down 0.4 %

Shares of ORI traded down $0.15 during trading hours on Wednesday, hitting $38.28. 472,817 shares of the stock were exchanged, compared to its average volume of 1,400,084. The firm has a market capitalization of $9.71 billion, a P/E ratio of 13.16 and a beta of 0.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.28 and a quick ratio of 0.28. Old Republic International Co. has a fifty-two week low of $27.19 and a fifty-two week high of $39.27. The business has a 50-day moving average of $36.39 and a 200-day moving average of $34.05.

Old Republic International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, December 6th will be given a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Friday, December 6th. Old Republic International's dividend payout ratio (DPR) is presently 36.55%.

Analysts Set New Price Targets

Separately, Piper Sandler boosted their price objective on shares of Old Republic International from $36.00 to $37.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st.

Old Republic International 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.