Brown Brothers Harriman & Co. raised its position in Old Republic International Co. (NYSE:ORI – Free Report) by 8.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,235 shares of the insurance provider’s stock after buying an additional 430 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Old Republic International were worth $162,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of the company. Meeder Advisory Services Inc. acquired a new position in shares of Old Republic International during the second quarter worth about $268,000. HHM Wealth Advisors LLC purchased a new position in shares of Old Republic International during the 2nd quarter worth approximately $65,000. AMJ Financial Wealth Management acquired a new stake in shares of Old Republic International in the 2nd quarter valued at approximately $444,000. Texas Permanent School Fund Corp boosted its stake in shares of Old Republic International by 28.5% in the second quarter. Texas Permanent School Fund Corp now owns 293,356 shares of the insurance provider’s stock valued at $9,065,000 after buying an additional 65,149 shares in the last quarter. Finally, United Services Automobile Association grew its holdings in Old Republic International by 2.9% during the second quarter. United Services Automobile Association now owns 19,530 shares of the insurance provider’s stock worth $603,000 after acquiring an additional 543 shares during the period. Hedge funds and other institutional investors own 70.92% of the company’s stock.
Old Republic International Price Performance
Old Republic International stock opened at $35.51 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.29 and a current ratio of 0.29. Old Republic International Co. has a one year low of $26.08 and a one year high of $36.09. The company has a market cap of $9.18 billion, a P/E ratio of 13.82 and a beta of 0.84. The business has a fifty day moving average of $34.13 and a two-hundred day moving average of $31.69.
Old Republic International Announces Dividend
The company also recently disclosed an annual dividend, which was paid on Monday, September 16th. Investors of record on Friday, September 6th were paid a $1.06 dividend. This represents a yield of 3.05%. The ex-dividend date was Friday, September 6th. Old Republic International’s payout ratio is currently 41.25%.
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.
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