American Century Companies Inc. Purchases 450 Shares of Old Republic International Co. (NYSE:ORI)

American Century Companies Inc. grew its position in Old Republic International Co. (NYSE:ORI) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 225,702 shares of the insurance provider’s stock after purchasing an additional 450 shares during the quarter. American Century Companies Inc. owned approximately 0.08% of Old Republic International worth $6,974,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ORI. Versant Capital Management Inc boosted its position in Old Republic International by 555.6% during the second quarter. Versant Capital Management Inc now owns 885 shares of the insurance provider’s stock valued at $27,000 after acquiring an additional 750 shares during the last quarter. Mather Group LLC. grew its stake in Old Republic International by 201.0% during the second quarter. Mather Group LLC. now owns 894 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 597 shares during the period. Innealta Capital LLC acquired a new stake in Old Republic International during the second quarter worth approximately $30,000. Quarry LP bought a new stake in Old Republic International in the fourth quarter worth approximately $39,000. Finally, Trust Co. of Vermont lifted its stake in Old Republic International by 138.4% in the fourth quarter. Trust Co. of Vermont now owns 1,988 shares of the insurance provider’s stock valued at $58,000 after buying an additional 1,154 shares during the period. 70.92% of the stock is currently owned by institutional investors and hedge funds.

Old Republic International Stock Performance

Shares of ORI stock opened at $35.65 on Tuesday. The firm has a 50 day moving average of $34.38 and a 200-day moving average of $31.84. The company has a market cap of $9.69 billion, a price-to-earnings ratio of 13.87 and a beta of 0.84. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.33. Old Republic International Co. has a 52 week low of $26.08 and a 52 week high of $36.09.

Old Republic International (NYSE:ORI) last posted its quarterly earnings results on Thursday, July 25th. The insurance provider reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.15. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Old Republic International had a net margin of 8.59% and a return on equity of 12.57%. During the same period last year, the company posted $0.62 earnings per share. On average, equities analysts forecast that Old Republic International Co. will post 2.83 earnings per share for the current year.

Old Republic International Announces Dividend

The company also recently declared an annual dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 6th were issued a $1.06 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a yield of 3.05%. 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.