New York State Common Retirement Fund Has $68,000 Stock Position in Orion Group Holdings, Inc. (NYSE:ORN)

New York State Common Retirement Fund cut its holdings in Orion Group Holdings, Inc. (NYSE:ORN) by 25.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,300 shares of the construction company’s stock after selling 3,100 shares during the quarter. New York State Common Retirement Fund’s holdings in Orion Group were worth $68,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ORN. Rhumbline Advisers increased its holdings in shares of Orion Group by 6.5% during the fourth quarter. Rhumbline Advisers now owns 36,138 shares of the construction company’s stock valued at $265,000 after acquiring an additional 2,198 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Orion Group in the fourth quarter valued at approximately $49,000. Seros Financial LLC bought a new stake in Orion Group during the 4th quarter worth approximately $723,000. SG Americas Securities LLC increased its holdings in Orion Group by 43.0% during the 4th quarter. SG Americas Securities LLC now owns 16,546 shares of the construction company’s stock worth $121,000 after acquiring an additional 4,978 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Orion Group by 1,936.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,428 shares of the construction company’s stock worth $69,000 after acquiring an additional 8,965 shares during the period. 70.25% of the stock is owned by institutional investors and hedge funds.

Orion Group Trading Up 2.3 %

Shares of ORN opened at $5.91 on Friday. The stock has a market capitalization of $230.06 million, a P/E ratio of -14.78, a PEG ratio of 1.10 and a beta of 0.93. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.24. The firm has a fifty day simple moving average of $7.58 and a two-hundred day simple moving average of $7.24. Orion Group Holdings, Inc. has a twelve month low of $4.85 and a twelve month high of $12.12.

Orion Group (NYSE:ORN) last issued its quarterly earnings data on Tuesday, March 4th. The construction company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. Orion Group had a negative net margin of 1.63% and a negative return on equity of 0.71%. The business had revenue of $216.88 million during the quarter, compared to analyst estimates of $271.70 million. During the same period in the prior year, the business earned $0.08 EPS. On average, research analysts anticipate that Orion Group Holdings, Inc. will post 0.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, DA Davidson began coverage on shares of Orion Group in a report on Friday, January 17th. They issued a “buy” rating and a $11.00 price target on the stock.

Orion Group Company Profile

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.