Old Republic International Corp. (NYSE:ORI) shares reached a new 52-week high on Wednesday . The company traded as high as $19.77 and last traded at $19.73, with a volume of 421,324 shares trading hands. The stock had previously closed at $19.59.

Separately, Zacks Investment Research cut shares of Old Republic International Corp. from a “hold” rating to a “sell” rating in a research report on Friday, May 13th.

The company has a market cap of $5.10 billion and a PE ratio of 12.80. The company has a 50-day moving average price of $19.02 and a 200-day moving average price of $18.45.

Old Republic International Corp. (NYSE:ORI) last released its quarterly earnings results on Thursday, April 28th. The company reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.15. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Old Republic International Corp.’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 EPS. On average, equities analysts predict that Old Republic International Corp. will post $1.32 EPS for the current year.

In other Old Republic International Corp. news, Director Steven R. Walker acquired 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 16th. The shares were purchased at an average price of $18.42 per share, with a total value of $73,680.00. Following the completion of the acquisition, the director now directly owns 8,000 shares of the company’s stock, valued at approximately $147,360. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Arnold L. Steiner sold 14,000 shares of the company’s stock in a transaction on Friday, May 6th. The stock was sold at an average price of $18.74, for a total value of $262,360.00. Following the transaction, the director now directly owns 270,237 shares in the company, valued at approximately $5,064,241.38. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have made changes to their positions in ORI. Rhumbline Advisers raised its position in shares of Old Republic International Corp. by 1.2% in the fourth quarter. Rhumbline Advisers now owns 385,046 shares of the company’s stock worth $7,173,000 after buying an additional 4,611 shares in the last quarter. California Public Employees Retirement System raised its position in shares of Old Republic International Corp. by 0.3% in the fourth quarter. California Public Employees Retirement System now owns 771,283 shares of the company’s stock worth $14,369,000 after buying an additional 2,500 shares in the last quarter. ProShare Advisors LLC raised its position in shares of Old Republic International Corp. by 12.5% in the fourth quarter. ProShare Advisors LLC now owns 82,490 shares of the company’s stock worth $1,537,000 after buying an additional 9,184 shares in the last quarter. Stevens Capital Management LP acquired a new position in shares of Old Republic International Corp. during the fourth quarter worth $1,412,000. Finally, New York State Common Retirement Fund raised its position in shares of Old Republic International Corp. by 14.3% in the fourth quarter. New York State Common Retirement Fund now owns 685,425 shares of the company’s stock worth $12,769,000 after buying an additional 85,825 shares in the last quarter.

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 a number of 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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