Barclays PLC Grows Holdings in Orion Group Holdings, Inc. (NYSE:ORN)

Barclays PLC lifted its holdings in Orion Group Holdings, Inc. (NYSE:ORN) by 29.7% during the third quarter, Holdings Channel reports. The institutional investor owned 43,560 shares of the construction company’s stock after acquiring an additional 9,966 shares during the quarter. Barclays PLC’s holdings in Orion Group were worth $252,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. XTX Topco Ltd purchased a new stake in shares of Orion Group in the 3rd quarter worth about $198,000. Wellington Management Group LLP purchased a new stake in shares of Orion Group in the 3rd quarter worth about $2,318,000. State Street Corp grew its position in shares of Orion Group by 27.3% in the 3rd quarter. State Street Corp now owns 552,152 shares of the construction company’s stock worth $3,186,000 after buying an additional 118,296 shares during the period. Portolan Capital Management LLC grew its position in Orion Group by 56.6% during the 3rd quarter. Portolan Capital Management LLC now owns 1,985,355 shares of the construction company’s stock valued at $11,455,000 after purchasing an additional 717,533 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new stake in Orion Group during the 3rd quarter valued at about $199,000. 70.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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 Stock Performance

Shares of ORN stock opened at $7.76 on Monday. Orion Group Holdings, Inc. has a one year low of $4.41 and a one year high of $12.12. The company’s 50-day moving average is $7.83 and its 200 day moving average is $7.57. The company has a market capitalization of $301.87 million, a price-to-earnings ratio of -19.40, a price-to-earnings-growth ratio of 3.44 and a beta of 0.94. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35.

Orion Group Company 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.