AHL Partners LLP grew its stake in Old Republic International Corporation (NYSE:ORI) by 229.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 398,574 shares of the insurance provider’s stock after acquiring an additional 277,605 shares during the quarter. AHL Partners LLP owned 0.15% of Old Republic International Corporation worth $7,784,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in ORI. Vanguard Group Inc. grew its stake in shares of Old Republic International Corporation by 1.1% in the second quarter. Vanguard Group Inc. now owns 21,094,198 shares of the insurance provider’s stock worth $411,970,000 after acquiring an additional 233,650 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Old Republic International Corporation by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 7,034,650 shares of the insurance provider’s stock valued at $137,392,000 after acquiring an additional 64,292 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Old Republic International Corporation by 13.6% during the second quarter. Renaissance Technologies LLC now owns 6,825,385 shares of the insurance provider’s stock valued at $133,300,000 after acquiring an additional 815,600 shares in the last quarter. Alleghany Corp DE increased its holdings in shares of Old Republic International Corporation by 22.8% during the first quarter. Alleghany Corp DE now owns 3,070,963 shares of the insurance provider’s stock valued at $62,893,000 after acquiring an additional 570,963 shares in the last quarter. Finally, Prudential Financial Inc. increased its holdings in shares of Old Republic International Corporation by 1.3% during the second quarter. Prudential Financial Inc. now owns 2,317,246 shares of the insurance provider’s stock valued at $45,256,000 after acquiring an additional 29,760 shares in the last quarter. 71.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of Old Republic International Corporation (NYSE ORI) traded down 0.15% on Wednesday, hitting $19.80. 94,675 shares of the stock traded hands. The stock’s 50 day moving average price is $19.31 and its 200 day moving average price is $19.70. The stock has a market cap of $5.17 billion, a P/E ratio of 12.48 and a beta of 1.30. Old Republic International Corporation has a 52-week low of $16.51 and a 52-week high of $21.19.

Old Republic International Corporation (NYSE:ORI) last posted its earnings results on Thursday, July 27th. The insurance provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Old Republic International Corporation had a net margin of 7.64% and a return on equity of 9.41%. Old Republic International Corporation’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS. On average, equities analysts expect that Old Republic International Corporation will post $1.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Tuesday, September 5th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend was Thursday, August 31st. Old Republic International Corporation’s payout ratio is 47.80%.

Several equities analysts have recently issued reports on ORI shares. Zacks Investment Research lowered Old Republic International Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. BidaskClub raised shares of Old Republic International Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th.

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Old Republic International Corporation 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.

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Institutional Ownership by Quarter for Old Republic International Corporation (NYSE:ORI)

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