18,250 Shares in Old Republic International Co. (NYSE:ORI) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired 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 (SEC). The firm acquired 18,250 shares of the insurance provider's stock, valued at approximately $660,000.

A number of other institutional investors have also recently made changes to their positions in ORI. Wilmington Savings Fund Society FSB acquired a new position in shares of Old Republic International in the third quarter worth $28,000. Fairway Wealth LLC acquired a new position in Old Republic International during the 4th quarter worth $29,000. SBI Securities Co. Ltd. purchased a new stake in Old Republic International during the 4th quarter worth about $34,000. Core Alternative Capital acquired a new stake in Old Republic International in the 4th quarter valued at about $36,000. Finally, Synergy Asset Management LLC purchased a new position in shares of Old Republic International in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 70.92% of the company's stock.

Old Republic International Stock Down 0.1 %

ORI stock traded down $0.05 during trading on Monday, hitting $38.10. 1,201,671 shares of the company's stock were exchanged, compared to its average volume of 1,221,380. The business has a 50-day moving average price of $37.62 and a two-hundred day moving average price of $36.83. 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 stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 14.48 and a beta of 0.68. Old Republic International Co. has a 52-week low of $29.51 and a 52-week high of $39.84.

Old Republic International (NYSE:ORI - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.03 billion. Old Republic International had a net margin of 10.36% and a return on equity of 20.32%. The company's quarterly revenue was up 11.4% compared to the same quarter last year. As a group, equities research 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 declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Monday, March 10th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from Old Republic International's previous quarterly dividend of $0.27. Old Republic International's dividend payout ratio (DPR) is currently 47.15%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ORI. StockNews.com raised shares of Old Republic International from a "hold" rating to a "buy" rating in a report on Friday, April 25th. Piper Sandler set a $42.00 price objective on shares of Old Republic International in a report on Friday, April 25th. Finally, Raymond James set a $42.00 price objective on shares of Old Republic International and gave the stock an "outperform" rating in a research report on Monday, April 28th.

Insider Buying and Selling at Old Republic International

In other Old Republic International news, VP Thomas Dare sold 27,457 shares of Old Republic International stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $36.50, for a total value of $1,002,180.50. Following the transaction, the vice president now directly owns 46,556 shares in the company, valued at approximately $1,699,294. The trade was a 37.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Craig R. Smiddy sold 5,296 shares of the stock in a transaction dated 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 of the company's stock, valued at $5,335,369.20. This trade represents a 3.69 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 52,542 shares of company stock worth $1,936,855. 1.10% of the stock is owned by 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.