A&I Financial Services LLC Makes New $497,000 Investment in Old Republic International Co. (NYSE:ORI)

A&I Financial Services LLC acquired a new stake in Old Republic International Co. (NYSE:ORI) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 13,735 shares of the insurance provider’s stock, valued at approximately $497,000.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP grew its holdings 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 worth $26,000 after buying an additional 450 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Old Republic International during the 3rd quarter worth approximately $28,000. Core Alternative Capital bought a new position in shares of Old Republic International during the 4th quarter worth approximately $36,000. Synergy Asset Management LLC acquired a new stake in shares of Old Republic International in the fourth quarter valued at approximately $39,000. Finally, Crews Bank & Trust bought a new stake in shares of Old Republic International in the fourth quarter worth $40,000. 70.92% of the stock is owned by institutional investors.

Insider Transactions at Old Republic International

In related news, SVP Carolyn Monroe sold 9,188 shares of Old Republic International stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total transaction of $333,983.80. Following the completion of the transaction, the senior vice president now owns 33,556 shares in the company, valued at approximately $1,219,760.60. This trade represents a 21.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Jeffrey Lange sold 1,098 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $36.56, for a total value of $40,142.88. Following the completion of the sale, the senior vice president now owns 34,679 shares in the company, valued at $1,267,864.24. This represents a 3.07 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Old Republic International from a “buy” rating to a “hold” rating in a research report on Tuesday.

Old Republic International Stock Performance

ORI opened at $37.85 on Friday. The business’s 50-day simple moving average is $36.01 and its 200 day simple moving average is $36.00. Old Republic International Co. has a 52-week low of $28.59 and a 52-week high of $39.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.62. The firm has a market capitalization of $9.60 billion, a PE ratio of 14.39 and a beta of 0.88.

Old Republic International (NYSE:ORI) last released its quarterly earnings data on Thursday, January 23rd. The insurance provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.71 by $0.19. Old Republic International had a return on equity of 20.32% and a net margin of 10.36%. As a group, sell-side analysts expect that Old Republic International Co. will post 3.17 earnings per share for the current fiscal year.

Old Republic International Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, January 3rd were given a $2.00 dividend. The ex-dividend date was Friday, January 3rd. Old Republic International’s dividend payout ratio (DPR) is presently 40.30%.

Old Republic International Company 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.