D.A. Davidson & CO. Has $445,000 Stock Holdings in Old Republic International Co. (NYSE:ORI)

D.A. Davidson & CO. lowered its position in shares of Old Republic International Co. (NYSE:ORI) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,296 shares of the insurance provider’s stock after selling 837 shares during the quarter. D.A. Davidson & CO.’s holdings in Old Republic International were worth $445,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Janus Henderson Group PLC increased its position in shares of Old Republic International by 5.9% during the 3rd quarter. Janus Henderson Group PLC now owns 120,303 shares of the insurance provider’s stock worth $4,262,000 after purchasing an additional 6,664 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of Old Republic International by 4.1% during the 4th quarter. Atomi Financial Group Inc. now owns 7,714 shares of the insurance provider’s stock worth $279,000 after purchasing an additional 302 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Old Republic International by 37.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 71,716 shares of the insurance provider’s stock worth $2,595,000 after purchasing an additional 19,400 shares in the last quarter. Orca Wealth Management LLC bought a new stake in Old Republic International during the 4th quarter worth about $5,209,000. Finally, JPMorgan Chase & Co. grew its holdings in Old Republic International by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 851,492 shares of the insurance provider’s stock worth $30,160,000 after acquiring an additional 42,934 shares during the last quarter. Institutional investors and hedge funds own 70.92% of the company’s stock.

Old Republic International Stock Up 1.3 %

Shares of NYSE:ORI opened at $37.28 on Wednesday. Old Republic International Co. has a 12 month low of $28.59 and a 12 month high of $39.27. The company’s 50-day moving average price is $35.97 and its two-hundred day moving average price is $35.97. The company has a quick ratio of 0.28, a current ratio of 0.62 and a debt-to-equity ratio of 0.28. The firm has a market cap of $9.45 billion, a P/E ratio of 14.17 and a beta of 0.88.

Old Republic International (NYSE:ORI) last issued its quarterly earnings data on Thursday, January 23rd. The insurance provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.19. Old Republic International had a net margin of 10.36% and a return on equity of 20.32%. As a group, research analysts forecast that Old Republic International Co. will post 3.17 EPS for the current fiscal year.

Old Republic International Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, January 15th. Stockholders 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 40.30%.

Insider Activity

In related news, SVP Jeffrey Lange sold 1,098 shares of Old Republic International stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $36.56, for a total transaction of $40,142.88. Following the transaction, the senior vice president now owns 34,679 shares of the company’s stock, valued at $1,267,864.24. This trade represents a 3.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Carolyn Monroe sold 9,188 shares of Old Republic International stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total transaction of $333,983.80. Following the transaction, the senior vice president now directly owns 33,556 shares in the company, valued at $1,219,760.60. The trade was a 21.50 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.