Old Republic International Co. (NYSE:ORI) Shares Sold by Leuthold Group LLC

Leuthold Group LLC trimmed its position in shares of Old Republic International Co. (NYSE:ORI) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,191 shares of the insurance provider’s stock after selling 301 shares during the period. Leuthold Group LLC’s holdings in Old Republic International were worth $441,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in Old Republic International by 161.9% during the 3rd quarter. Allworth Financial LP now owns 728 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 450 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Old Republic International during the 3rd quarter worth $28,000. Core Alternative Capital acquired a new position in Old Republic International during the 4th quarter worth $36,000. Synergy Asset Management LLC acquired a new position in Old Republic International during the 4th quarter worth $39,000. Finally, Crews Bank & Trust acquired a new position in Old Republic International during the 4th quarter worth $40,000. 70.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insider Transactions at Old Republic International

In other news, SVP Carolyn Monroe sold 9,188 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $36.35, for a total value of $333,983.80. Following the transaction, the senior vice president now directly owns 33,556 shares in the company, valued at approximately $1,219,760.60. This trade represents a 21.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey Lange sold 1,098 shares of Old Republic International stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $36.56, for a total transaction of $40,142.88. Following the completion of the sale, the senior vice president now owns 34,679 shares in the company, valued at approximately $1,267,864.24. This represents 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.

Old Republic International Trading Up 0.2 %

Old Republic International stock opened at $36.51 on Friday. The firm’s 50-day moving average is $35.98 and its 200-day moving average is $35.93. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.28 and a current ratio of 0.62. Old Republic International Co. has a 1 year low of $28.20 and a 1 year high of $39.27. The company has a market cap of $9.26 billion, a P/E ratio of 13.88 and a beta of 0.88.

Old Republic International (NYSE:ORI) last posted its quarterly earnings results on Thursday, January 23rd. The insurance provider reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.19. Old Republic International had a net margin of 10.36% and a return on equity of 20.32%. On average, equities analysts expect that Old Republic International Co. will post 3.17 earnings per share for the current year.

Old Republic International Dividend Announcement

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

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.