JMP Securities upgraded shares of Old Republic International (NYSE:ORI) from a market perform rating to an outperform rating in a report issued on Monday, MarketBeat.com reports.

A number of other equities research analysts also recently issued reports on ORI. Zacks Investment Research downgraded shares of Old Republic International from a hold rating to a sell rating in a research report on Tuesday, October 17th. Raymond James Financial upgraded shares of Old Republic International from an outperform rating to a strong-buy rating and increased their target price for the stock from $23.00 to $25.00 in a research report on Monday, October 30th.

Shares of Old Republic International (NYSE ORI) opened at $20.40 on Monday. Old Republic International has a 12-month low of $17.92 and a 12-month high of $22.34. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.31 and a quick ratio of 0.51. The stock has a market cap of $5,380.00, a P/E ratio of 10.68 and a beta of 1.34.

Old Republic International (NYSE:ORI) last released its earnings results on Thursday, January 25th. The insurance provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Old Republic International had a net margin of 8.95% and a return on equity of 6.80%. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the firm earned $0.43 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. equities analysts expect that Old Republic International will post 1.7 earnings per share for the current year.

The business also recently announced a None dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th were given a $1.00 dividend. The ex-dividend date was Tuesday, January 9th. Old Republic International’s payout ratio is 39.79%.

In other Old Republic International news, CFO Karl W. Mueller sold 19,052 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $21.00, for a total value of $400,092.00. Following the completion of the sale, the chief financial officer now owns 5,331 shares in the company, valued at approximately $111,951. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO R Scott Rager sold 47,500 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $21.00, for a total transaction of $997,500.00. Following the transaction, the chief operating officer now owns 40,000 shares in the company, valued at approximately $840,000. The disclosure for this sale can be found here. In the last quarter, insiders sold 81,552 shares of company stock valued at $1,711,992. Insiders own 2.00% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Valeo Financial Advisors LLC acquired a new position in shares of Old Republic International during the 3rd quarter worth $118,000. Bessemer Group Inc. acquired a new position in shares of Old Republic International during the 4th quarter worth $145,000. DekaBank Deutsche Girozentrale increased its stake in shares of Old Republic International by 78.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 7,999 shares of the insurance provider’s stock worth $155,000 after purchasing an additional 3,513 shares during the last quarter. Narus Financial Partners LLC acquired a new position in shares of Old Republic International during the 3rd quarter worth $206,000. Finally, Moors & Cabot Inc. acquired a new position in shares of Old Republic International during the 3rd quarter worth $206,000. Institutional investors own 71.13% of the company’s stock.

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Old Republic International 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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