Orion Group Holdings, Inc. (NYSE:ORN) Shares Sold by Cruiser Capital Advisors LLC

Cruiser Capital Advisors LLC reduced its holdings in Orion Group Holdings, Inc. (NYSE:ORN) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 231,521 shares of the construction company’s stock after selling 11,551 shares during the period. Orion Group comprises 0.9% of Cruiser Capital Advisors LLC’s holdings, making the stock its 13th largest position. Cruiser Capital Advisors LLC’s holdings in Orion Group were worth $1,697,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ORN. Heck Capital Advisors LLC purchased a new stake in Orion Group in the 4th quarter worth $49,000. Intech Investment Management LLC purchased a new stake in shares of Orion Group during the third quarter worth about $63,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Orion Group by 1,936.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,428 shares of the construction company’s stock worth $69,000 after purchasing an additional 8,965 shares during the last quarter. Aigen Investment Management LP purchased a new position in Orion Group in the 4th quarter valued at about $80,000. Finally, Raymond James Financial Inc. acquired a new stake in Orion Group in the 4th quarter worth about $88,000. 70.25% of the stock is owned by institutional investors and hedge funds.

Orion Group Price Performance

NYSE:ORN opened at $5.94 on Tuesday. Orion Group Holdings, Inc. has a one year low of $4.85 and a one year high of $12.12. The stock has a market cap of $231.41 million, a PE ratio of -14.84, a P/E/G ratio of 1.10 and a beta of 0.93. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35. The stock has a 50 day moving average price of $7.15 and a 200 day moving average price of $7.08.

Orion Group (NYSE:ORN) last issued its earnings results on Tuesday, March 4th. The construction company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The business had revenue of $216.88 million during the quarter, compared to the consensus estimate of $271.70 million. Orion Group had a negative return on equity of 0.71% and a negative net margin of 1.63%. During the same period last year, the company earned $0.08 EPS. Equities research analysts expect that Orion Group Holdings, Inc. will post 0.06 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on ORN. B. Riley raised Orion Group to a “strong-buy” rating in a report on Tuesday, March 18th. StockNews.com lowered Orion Group from a “buy” rating to a “hold” rating in a report on Sunday. Finally, DA Davidson started coverage on shares of Orion Group in a report on Friday, January 17th. They set a “buy” rating and a $11.00 target price for the company.

About Orion Group

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.