Old Republic International Corp. (NYSE:ORI) CEO Aldo C. Zucaro acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, November 8th. The stock was bought at an average cost of $16.87 per share, with a total value of $84,350.00. Following the acquisition, the chief executive officer now owns 1,255,000 shares in the company, valued at $21,171,850. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Old Republic International Corp. (NYSE:ORI) opened at 17.24 on Friday. Old Republic International Corp. has a 12-month low of $16.51 and a 12-month high of $20.00. The firm has a market cap of $4.48 billion, a PE ratio of 11.60 and a beta of 1.16. The company has a 50-day moving average price of $17.69 and a 200-day moving average price of $18.68.

Old Republic International Corp. (NYSE:ORI) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by $0.01. Old Republic International Corp. had a net margin of 7.29% and a return on equity of 8.90%. The business earned $1.49 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. On average, equities analysts predict that Old Republic International Corp. will post $1.35 earnings per share for the current year.

Insider Buying and Selling by Quarter for Old Republic International Corp. (NYSE:ORI)

Separately, Zacks Investment Research cut Old Republic International Corp. from a “hold” rating to a “sell” rating in a report on Thursday, November 3rd.

A number of hedge funds have recently bought and sold shares of the stock. Assetmark Inc. purchased a new position in shares of Old Republic International Corp. during the second quarter valued at about $108,000. Creative Planning raised its position in shares of Old Republic International Corp. by 35.5% in the second quarter. Creative Planning now owns 5,969 shares of the company’s stock valued at $115,000 after buying an additional 1,564 shares during the last quarter. Americafirst Capital Management LLC purchased a new position in shares of Old Republic International Corp. during the second quarter valued at about $128,000. Catalyst Capital Advisors LLC purchased a new position in shares of Old Republic International Corp. during the second quarter valued at about $129,000. Finally, Sei Investments Co. raised its position in shares of Old Republic International Corp. by 55.3% in the third quarter. Sei Investments Co. now owns 7,300 shares of the company’s stock valued at $128,000 after buying an additional 2,600 shares during the last quarter. Institutional investors own 71.14% of the company’s stock.

Old Republic International Corp. Company Profile

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business.

5 Day Chart for NYSE:ORI

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