Y Intercept Hong Kong Ltd Raises Holdings in Old Republic International Co. (NYSE:ORI)

Y Intercept Hong Kong Ltd boosted its holdings in shares of Old Republic International Co. (NYSE:ORI) by 147.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,386 shares of the insurance provider’s stock after buying an additional 33,622 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Old Republic International were worth $2,041,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Creative Planning boosted its stake in Old Republic International by 11.4% in the third quarter. Creative Planning now owns 65,847 shares of the insurance provider’s stock valued at $2,332,000 after acquiring an additional 6,726 shares in the last quarter. Blue Trust Inc. boosted its stake in Old Republic International by 26.8% in the third quarter. Blue Trust Inc. now owns 4,390 shares of the insurance provider’s stock valued at $155,000 after acquiring an additional 927 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Old Republic International by 1,268.1% in the third quarter. International Assets Investment Management LLC now owns 78,448 shares of the insurance provider’s stock valued at $2,779,000 after acquiring an additional 72,714 shares in the last quarter. Lake Street Advisors Group LLC acquired a new stake in Old Republic International in the third quarter valued at approximately $209,000. Finally, Allworth Financial LP boosted its stake in Old Republic International by 161.9% in the third quarter. Allworth Financial LP now owns 728 shares of the insurance provider’s stock valued at $26,000 after acquiring an additional 450 shares in the last quarter. 70.92% of the stock is owned by hedge funds and other institutional investors.

Old Republic International Price Performance

Shares of ORI opened at $36.81 on Tuesday. Old Republic International Co. has a twelve month low of $28.59 and a twelve month high of $39.27. The company has a 50 day moving average of $35.97 and a two-hundred day moving average of $35.97. The company has a quick ratio of 0.28, a current ratio of 0.62 and a debt-to-equity ratio of 0.28. The company has a market cap of $9.33 billion, a price-to-earnings ratio of 13.99 and a beta of 0.88.

Old Republic International (NYSE:ORI) last posted its quarterly earnings data on Thursday, January 23rd. The insurance provider reported $0.90 EPS for the quarter, topping 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%. As a group, analysts predict that Old Republic International Co. will post 3.17 earnings per share for the current fiscal year.

Old Republic International Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, January 3rd were paid a dividend of $2.00 per share. The ex-dividend date was Friday, January 3rd. Old Republic International’s payout ratio is currently 40.30%.

Insider Transactions at Old Republic International

In other news, SVP Carolyn Monroe sold 9,188 shares of Old Republic International stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $36.35, for a total transaction of $333,983.80. Following the completion of the sale, the senior vice president now directly owns 33,556 shares in the company, valued at approximately $1,219,760.60. The trade was a 21.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jeffrey Lange sold 1,098 shares of Old Republic International stock in a transaction on Friday, January 31st. The stock was 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 $1,267,864.24. The trade was a 3.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Old Republic International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 1st.

About Old Republic International

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.