4 days Ago By ABMN Staff
Russell Investments Group Ltd. decreased its position in shares of Orion Group Holdings, Inc. ( NYSE:ORN – Free Report ) by 15.
9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 523,666 shares of the construction company’s stock after selling 99,350 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Orion Group were worth $3,838,000 at the end of the most recent quarter. Several other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc.
grew its holdings in Orion Group by 16.1% during the 4th quarter. Envestnet Asset Management Inc.
now owns 26,928 shares of the construction company’s stock worth $197,000 after acquiring an additional 3,728 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Orion Group in the 4th quarter worth approximately $355,000. Wells Fargo & Company MN boosted its stake in shares of Orion Group by 50.
1% during the fourth quarter. Wells Fargo & Company MN now owns 21,146 shares of the construction company’s stock valued at $155,000 after purchasing an additional 7,062 shares in the last quarter. Integrated Quantitative Investments LLC purchased a new position in Orion Group during the fourth quarter valued at approximately $254,000.
Finally, Perritt Capital Management Inc purchased a new position in Orion Group during the fourth quarter valued at approximately $73,000. Hedge funds and other institutional investors own 70.25% of the company’s stock.
Orion Group Price Performance NYSE ORN opened at $5.78 on Wednesday. The firm’s fifty day simple moving average is $6.
28 and its two-hundred day simple moving average is $6.98. The firm has a market capitalization of $224.
27 million, a P/E ratio of -14.44, a P/E/G ratio of 1.10 and a beta of 0.
81. The company has a current ratio of 1.35, a quick ratio of 1.
33 and a debt-to-equity ratio of 0.24. Orion Group Holdings, Inc.
has a 12-month low of $4.64 and a 12-month high of $12.12.
Analyst Ratings Changes Several analysts have issued reports on the company. B. Riley raised Orion Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, March 18th.
StockNews.com cut Orion Group from a “buy” rating to a “hold” rating in a research note on Sunday, March 23rd. Finally, DA Davidson began coverage on Orion Group in a research note on Friday, January 17th.
They issued a “buy” rating and a $11.00 target price on the stock. Check Out Our Latest Report on Orion Group Orion Group Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding ORN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Orion Group Holdings, Inc. ( NYSE:ORN – Free Report ). Receive News & Ratings for Orion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Group and related companies with MarketBeat.
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