Uncommon Cents Investing LLC Sells 1,055 Shares of Old Republic International Co. (NYSE:ORI)

Uncommon Cents Investing LLC lessened its holdings in shares of Old Republic International Co. (NYSE:ORI) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 76,395 shares of the insurance provider’s stock after selling 1,055 shares during the period. Uncommon Cents Investing LLC’s holdings in Old Republic International were worth $2,765,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of ORI. Renaissance Technologies LLC grew its position in shares of Old Republic International by 725.3% in the 2nd quarter. Renaissance Technologies LLC now owns 84,185 shares of the insurance provider’s stock valued at $2,601,000 after buying an additional 73,985 shares during the last quarter. Hsbc Holdings PLC acquired a new position in shares of Old Republic International in the second quarter worth approximately $282,000. Intech Investment Management LLC bought a new stake in Old Republic International in the second quarter valued at approximately $3,116,000. Pacer Advisors Inc. increased its position in Old Republic International by 29.3% during the 2nd quarter. Pacer Advisors Inc. now owns 50,962 shares of the insurance provider’s stock valued at $1,575,000 after purchasing an additional 11,561 shares during the period. Finally, Sei Investments Co. raised its holdings in Old Republic International by 14.2% during the 2nd quarter. Sei Investments Co. now owns 83,761 shares of the insurance provider’s stock worth $2,588,000 after purchasing an additional 10,427 shares during the last quarter. Institutional investors own 70.92% of the company’s stock.

Analyst Ratings Changes

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 research note on Monday, October 21st.

Old Republic International Stock Performance

ORI stock opened at $36.07 on Monday. Old Republic International Co. has a 1-year low of $27.19 and a 1-year high of $39.27. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.31. The stock has a 50-day moving average price of $36.67 and a 200-day moving average price of $35.24. The firm has a market cap of $9.15 billion, a PE ratio of 12.44 and a beta of 0.88.

Old Republic International Announces Dividend

The firm also recently declared a special dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were paid a $2.00 dividend. The ex-dividend date was Friday, January 3rd. Old Republic International’s dividend payout ratio (DPR) is presently 36.55%.

About Old Republic International

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.