Orion Group Holdings, Inc. (NYSE:ORN) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its holdings in Orion Group Holdings, Inc. (NYSE:ORN) by 41.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,134 shares of the construction company’s stock after acquiring an additional 13,253 shares during the period. Sanctuary Advisors LLC owned about 0.12% of Orion Group worth $260,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of ORN. Barclays PLC grew its stake in Orion Group by 29.7% during the 3rd quarter. Barclays PLC now owns 43,560 shares of the construction company’s stock worth $252,000 after purchasing an additional 9,966 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Orion Group by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 676,917 shares of the construction company’s stock valued at $3,907,000 after buying an additional 10,098 shares during the period. XTX Topco Ltd acquired a new position in shares of Orion Group during the third quarter worth about $198,000. Wellington Management Group LLP purchased a new stake in shares of Orion Group during the third quarter worth approximately $2,318,000. Finally, State Street Corp raised its holdings in Orion Group by 27.3% in the third quarter. State Street Corp now owns 552,152 shares of the construction company’s stock valued at $3,186,000 after acquiring an additional 118,296 shares in the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Wall Street Analysts Forecast Growth

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 3.5 %

NYSE:ORN opened at $7.53 on Friday. Orion Group Holdings, Inc. has a 1 year low of $4.41 and a 1 year high of $12.12. The stock has a market cap of $292.92 million, a P/E ratio of -18.82, a P/E/G ratio of 3.44 and a beta of 0.89. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35. The stock has a 50-day simple moving average of $7.66 and a 200-day simple moving average of $7.71.

Orion Group 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.