Shares of Orion Marine Group Inc. (NYSE:ORN) saw an uptick in trading volume on Wednesday . 155,466 shares were traded during mid-day trading, an increase of 75% from the previous session’s volume of 88,685 shares.The stock last traded at $6.07 and had previously closed at $6.00.

A number of brokerages have commented on ORN. Imperial Capital lowered Orion Marine Group from an “outperform” rating to an “in-line” rating and decreased their price objective for the company from $7.00 to $6.00 in a research report on Thursday, May 12th. Zacks Investment Research lowered Orion Marine Group from a “hold” rating to a “sell” rating in a research report on Tuesday. FBR & Co reiterated a “hold” rating on shares of Orion Marine Group in a research report on Tuesday, May 10th. Finally, Canaccord Genuity began coverage on Orion Marine Group in a research report on Monday, April 11th. They issued a “hold” rating and a $7.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Orion Marine Group presently has an average rating of “Hold” and a consensus price target of $6.38.

The firm’s market cap is $158.35 million. The company has a 50 day moving average of $5.20 and a 200 day moving average of $4.65.

Orion Marine Group (NYSE:ORN) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.03. The business had revenue of $129.60 million for the quarter, compared to analyst estimates of $147.82 million. Orion Marine Group’s quarterly revenue was up 59.0% compared to the same quarter last year. On average, analysts expect that Orion Marine Group Inc. will post $0.28 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors have recently made changes to their positions in ORN. Boston Partners increased its position in shares of Orion Marine Group by 8.3% in the fourth quarter. Boston Partners now owns 2,712,614 shares of the company’s stock valued at $11,312,000 after buying an additional 206,779 shares in the last quarter. South Dakota Investment Council increased its position in shares of Orion Marine Group by 55.6% in the fourth quarter. South Dakota Investment Council now owns 526,397 shares of the company’s stock valued at $2,195,000 after buying an additional 188,011 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Orion Marine Group by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,193,515 shares of the company’s stock valued at $4,977,000 after buying an additional 9,758 shares in the last quarter. Finally, Russell Frank Co increased its position in shares of Orion Marine Group by 20.8% in the fourth quarter. Russell Frank Co now owns 551,222 shares of the company’s stock valued at $2,359,000 after buying an additional 94,742 shares in the last quarter.

Orion Marine Group, Inc is engaged in the heavy civil construction project management business. The Company specializes in marine construction. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers.

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