1 week Ago By ABMN Staff
Los Angeles Capital Management LLC lifted its stake in shares of Old Republic International Co. ( NYSE:ORI – Free Report ) by 5.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The firm owned 323,136 shares of the insurance provider’s stock after acquiring an additional 16,329 shares during the quarter. Los Angeles Capital Management LLC owned 0.12% of Old Republic International worth $9,985,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Versant Capital Management Inc increased its position in shares of Old Republic International by 555.6% during the second quarter.
Versant Capital Management Inc now owns 885 shares of the insurance provider’s stock worth $27,000 after acquiring an additional 750 shares during the period. Mather Group LLC. increased its holdings in Old Republic International by 201.
0% in the second quarter. Mather Group LLC. now owns 894 shares of the insurance provider’s stock valued at $27,000 after buying an additional 597 shares during the last quarter.
Innealta Capital LLC purchased a new position in Old Republic International in the second quarter valued at $30,000. Quarry LP purchased a new position in Old Republic International in the fourth quarter valued at $39,000. Finally, Covestor Ltd increased its holdings in Old Republic International by 23.
0% in the first quarter. Covestor Ltd now owns 1,937 shares of the insurance provider’s stock valued at $59,000 after buying an additional 362 shares during the last quarter. Hedge funds and other institutional investors own 70.
92% of the company’s stock. Old Republic International Stock Performance NYSE:ORI opened at $34.95 on Monday.
The firm has a market capitalization of $9.03 billion, a PE ratio of 13.60 and a beta of 0.
84. The business’s fifty day moving average price is $33.37 and its 200 day moving average price is $31.
34. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.
29 and a quick ratio of 0.29. Old Republic International Co.
has a 12 month low of $26.08 and a 12 month high of $36.09.
Old Republic International Announces Dividend The firm also recently announced an annual dividend, which will be paid on Monday, September 16th. Investors of record on Friday, September 6th will be issued a $1.06 dividend.
This represents a yield of 3.05%. The ex-dividend date of this dividend is Friday, September 6th.
Old Republic International’s dividend payout ratio (DPR) is presently 41.25%. About Old Republic International ( 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. Further Reading Receive News & Ratings for Old Republic International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Republic International and related companies with MarketBeat.com's FREE daily email newsletter .
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