BNP Paribas Financial Markets Has $1.04 Million Position in Orion Group Holdings, Inc. (NYSE:ORN)

BNP Paribas Financial Markets raised its stake in shares of Orion Group Holdings, Inc. (NYSE:ORN - Free Report) by 93.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 141,823 shares of the construction company's stock after buying an additional 68,588 shares during the period. BNP Paribas Financial Markets owned approximately 0.36% of Orion Group worth $1,040,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new position in shares of Orion Group in the 4th quarter worth approximately $49,000. Quarry LP purchased a new position in Orion Group during the fourth quarter valued at approximately $52,000. Perritt Capital Management Inc acquired a new stake in Orion Group in the fourth quarter valued at approximately $73,000. Aigen Investment Management LP acquired a new stake in Orion Group in the fourth quarter valued at approximately $80,000. Finally, Raymond James Financial Inc. acquired a new stake in Orion Group in the fourth quarter valued at approximately $88,000. Institutional investors and hedge funds own 70.25% of the company's stock.

Orion Group Price Performance

Shares of ORN traded up $0.10 during trading hours on Monday, hitting $8.11. The stock had a trading volume of 239,668 shares, compared to its average volume of 464,328. Orion Group Holdings, Inc. has a 52 week low of $4.64 and a 52 week high of $12.12. The company's fifty day moving average is $6.52 and its two-hundred day moving average is $7.24. The stock has a market capitalization of $320.82 million, a price-to-earnings ratio of -20.28, a P/E/G ratio of 1.10 and a beta of 0.91. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.35 and a quick ratio of 1.33.

Orion Group (NYSE:ORN - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The construction company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.12. Orion Group had a negative net margin of 1.63% and a negative return on equity of 0.71%. The business had revenue of $188.65 million for the quarter, compared to analysts' expectations of $177.33 million. On average, analysts anticipate that Orion Group Holdings, Inc. will post 0.06 EPS for the current year.

Analyst Ratings Changes

ORN has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Orion Group from a "hold" rating to a "buy" rating in a research note on Friday, April 18th. B. Riley raised shares of Orion Group from a "buy" rating to a "strong-buy" rating in a report on Tuesday, March 18th.

Insider Buying and Selling at Orion Group

In other Orion Group news, Director Austin J. Shanfelter sold 30,000 shares of the stock in a transaction on Friday, May 16th. The shares were sold at an average price of $8.67, for a total value of $260,100.00. Following the sale, the director now directly owns 419,215 shares in the company, valued at approximately $3,634,594.05. This trade represents a 6.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 5.90% of the company's stock.

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.