Orion Group Holdings, Inc. (NYSE:ORN) Stock Holdings Lifted by Atria Investments Inc

Atria Investments Inc lifted its position in Orion Group Holdings, Inc. (NYSE:ORN) by 14.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 49,298 shares of the construction company’s stock after acquiring an additional 6,285 shares during the quarter. Atria Investments Inc owned approximately 0.15% of Orion Group worth $284,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. purchased a new stake in shares of Orion Group in the third quarter valued at $1,873,000. Bank of New York Mellon Corp acquired a new position in Orion Group during the second quarter valued at $897,000. Dimensional Fund Advisors LP lifted its stake in Orion Group by 2.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,882,898 shares of the construction company’s stock worth $17,907,000 after acquiring an additional 46,079 shares in the last quarter. American Century Companies Inc. boosted its position in Orion Group by 311.9% during the 2nd quarter. American Century Companies Inc. now owns 453,461 shares of the construction company’s stock worth $4,312,000 after acquiring an additional 343,368 shares during the period. Finally, Bailard Inc. purchased a new position in Orion Group during the 2nd quarter valued at about $323,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Insider Buying and Selling at Orion Group

In other news, EVP Edward Chipman Earle purchased 15,633 shares of Orion Group stock in a transaction dated Friday, September 13th. The stock was acquired at an average cost of $6.05 per share, for a total transaction of $94,579.65. Following the acquisition, the executive vice president now directly owns 86,235 shares in the company, valued at $521,721.75. This represents a 22.14 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 7.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Orion Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

Orion Group Trading Down 2.1 %

NYSE ORN opened at $8.55 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.24. Orion Group Holdings, Inc. has a 1-year low of $4.09 and a 1-year high of $12.12. The firm’s fifty day simple moving average is $6.49 and its 200-day simple moving average is $7.88. The company has a market capitalization of $332.40 million, a PE ratio of -21.36, a price-to-earnings-growth ratio of 3.61 and a beta of 0.80.

About Orion Group

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.