33,956 Shares in Old Republic International Co. (NYSE:ORI) Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in Old Republic International Co. (NYSE:ORI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 33,956 shares of the insurance provider's stock, valued at approximately $1,229,000.

A number of other large investors have also made changes to their positions in the company. Parallel Advisors LLC increased its holdings in shares of Old Republic International by 1.6% in the fourth quarter. Parallel Advisors LLC now owns 18,884 shares of the insurance provider's stock worth $683,000 after acquiring an additional 290 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in Old Republic International by 1.6% during the 4th quarter. Venturi Wealth Management LLC now owns 18,715 shares of the insurance provider's stock worth $677,000 after buying an additional 295 shares during the period. Ironwood Investment Management LLC lifted its stake in Old Republic International by 1.3% in the fourth quarter. Ironwood Investment Management LLC now owns 23,485 shares of the insurance provider's stock valued at $850,000 after buying an additional 301 shares in the last quarter. Atomi Financial Group Inc. boosted its holdings in shares of Old Republic International by 4.1% in the fourth 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. Finally, Berry Wealth Group LP boosted its holdings in shares of Old Republic International by 5.2% in the fourth quarter. Berry Wealth Group LP now owns 6,251 shares of the insurance provider's stock valued at $226,000 after buying an additional 310 shares during the period. Institutional investors own 70.92% of the company's stock.

Old Republic International Stock Down 0.5%

Shares of NYSE ORI traded down $0.20 during mid-day trading on Tuesday, hitting $38.37. The company had a trading volume of 96,814 shares, compared to its average volume of 1,195,517. The company has a current ratio of 0.62, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. The firm has a 50-day simple moving average of $37.74 and a two-hundred day simple moving average of $37.04. The company has a market capitalization of $9.48 billion, a PE ratio of 14.59 and a beta of 0.74. Old Republic International Co. has a one year low of $29.51 and a one year high of $39.84.

Old Republic International (NYSE:ORI - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The insurance provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.08. Old Republic International had a return on equity of 20.32% and a net margin of 10.36%. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.03 billion. The business's revenue for the quarter was up 11.4% compared to the same quarter last year. On average, equities analysts expect that Old Republic International Co. will post 3.17 EPS for the current year.

Old Republic International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Monday, March 10th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.02%. This is a positive change from Old Republic International's previous quarterly dividend of $0.27. Old Republic International's dividend payout ratio (DPR) is 47.15%.

Insider Buying and Selling at Old Republic International

In other news, SVP Carolyn Monroe sold 10,601 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $37.38, for a total value of $396,265.38. Following the completion of the transaction, the senior vice president now directly owns 35,755 shares in the company, valued at approximately $1,336,521.90. The trade was a 22.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Craig R. Smiddy sold 5,296 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $38.60, for a total transaction of $204,425.60. Following the sale, the chief executive officer now owns 138,222 shares in the company, valued at $5,335,369.20. This represents a 3.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 43,354 shares of company stock valued at $1,602,871 in the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ORI has been the topic of a number of research analyst reports. Raymond James set a $42.00 price objective on shares of Old Republic International and gave the stock an "outperform" rating in a report on Monday, April 28th. StockNews.com raised Old Republic International from a "hold" rating to a "buy" rating in a research report on Friday, April 25th. Finally, Piper Sandler set a $42.00 price target on shares of Old Republic International in a research note on Friday, April 25th.

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.