931 Shares in Old Republic International Co. (NYSE:ORI) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new position in shares of Old Republic International Co. (NYSE:ORI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 931 shares of the insurance provider’s stock, valued at approximately $34,000.

A number of other large investors have also recently made changes to their positions in ORI. Janus Henderson Group PLC boosted its position in Old Republic International by 5.9% in the 3rd quarter. Janus Henderson Group PLC now owns 120,303 shares of the insurance provider’s stock valued at $4,262,000 after buying an additional 6,664 shares during the period. Atomi Financial Group Inc. boosted its position in Old Republic International by 4.1% in the 4th quarter. Atomi Financial Group Inc. now owns 7,714 shares of the insurance provider’s stock valued at $279,000 after buying an additional 302 shares during the period. Nisa Investment Advisors LLC boosted its position in Old Republic International by 37.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 71,716 shares of the insurance provider’s stock valued at $2,595,000 after buying an additional 19,400 shares during the period. Orca Wealth Management LLC purchased a new stake in Old Republic International in the 4th quarter valued at about $5,209,000. Finally, JPMorgan Chase & Co. boosted its position in Old Republic International by 5.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 851,492 shares of the insurance provider’s stock valued at $30,160,000 after buying an additional 42,934 shares during the period. 70.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Old Republic International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Old Republic International Trading Up 0.5 %

NYSE:ORI opened at $36.69 on Wednesday. Old Republic International Co. has a one year low of $28.59 and a one year high of $39.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.62. The firm has a market cap of $9.11 billion, a P/E ratio of 13.95 and a beta of 0.83. The firm has a 50-day simple moving average of $36.25 and a 200-day simple moving average of $36.21.

Old Republic International (NYSE:ORI) last posted its quarterly earnings results on Thursday, January 23rd. The insurance provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.71 by $0.19. Old Republic International had a net margin of 10.36% and a return on equity of 20.32%. Equities analysts anticipate that Old Republic International Co. will post 3.17 EPS for the current fiscal year.

Old Republic International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from Old Republic International’s previous quarterly dividend of $0.27. Old Republic International’s payout ratio is 44.11%.

Insider Buying and Selling

In other Old Republic International news, SVP Jeffrey Lange sold 1,098 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $36.56, for a total transaction of $40,142.88. Following the sale, the senior vice president now owns 34,679 shares of the company’s stock, valued at approximately $1,267,864.24. The trade was a 3.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Carolyn Monroe sold 9,188 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $36.35, for a total transaction of $333,983.80. Following the sale, the senior vice president now directly owns 33,556 shares in the company, valued at approximately $1,219,760.60. This represents a 21.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,582 shares of company stock worth $578,552 in the last 90 days. 0.78% of the stock is owned by corporate insiders.

Old Republic International 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.