Camelot Portfolios LLC lowered its position in shares of Old Republic International Corporation (NYSE:ORI) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,243 shares of the insurance provider’s stock after selling 215 shares during the period. Camelot Portfolios LLC’s holdings in Old Republic International Corporation were worth $298,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Navellier & Associates Inc raised its position in shares of Old Republic International Corporation by 3.6% in the first quarter. Navellier & Associates Inc now owns 22,594 shares of the insurance provider’s stock valued at $463,000 after buying an additional 782 shares during the last quarter. Commonwealth Financial Services LLC raised its position in shares of Old Republic International Corporation by 3.4% in the first quarter. Commonwealth Financial Services LLC now owns 17,171 shares of the insurance provider’s stock valued at $345,000 after buying an additional 570 shares during the last quarter. Rothschild Investment Corp IL raised its position in shares of Old Republic International Corporation by 7.2% in the first quarter. Rothschild Investment Corp IL now owns 32,485 shares of the insurance provider’s stock valued at $665,000 after buying an additional 2,185 shares during the last quarter. Quantitative Systematic Strategies LLC raised its position in shares of Old Republic International Corporation by 56.2% in the first quarter. Quantitative Systematic Strategies LLC now owns 133,538 shares of the insurance provider’s stock valued at $2,734,000 after buying an additional 48,025 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Old Republic International Corporation during the first quarter valued at approximately $2,887,000. 70.84% of the stock is owned by institutional investors and hedge funds.

Old Republic International Corporation (ORI) opened at 19.53 on Monday. Old Republic International Corporation has a one year low of $16.51 and a one year high of $21.19. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 12.33 and a beta of 1.32. The stock’s 50 day moving average price is $19.71 and its 200 day moving average price is $20.05.

Old Republic International Corporation (NYSE:ORI) last issued 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 business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.46 billion. Old Republic International Corporation had a net margin of 7.64% and a return on equity of 9.41%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the business posted $0.35 EPS. Equities analysts predict that Old Republic International Corporation will post $1.48 earnings per share for the current fiscal year.

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Several research analysts have recently commented on the company. Zacks Investment Research raised Old Republic International Corporation from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Tuesday, May 2nd. BidaskClub raised Old Republic International Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 16th.

In related news, Director Arnold L. Steiner sold 20,000 shares of Old Republic International Corporation stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $20.24, for a total transaction of $404,800.00. Following the sale, the director now owns 270,237 shares of the company’s stock, valued at approximately $5,469,596.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven J. Bateman bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were acquired at an average cost of $19.56 per share, for a total transaction of $97,800.00. Following the purchase, the director now directly owns 15,000 shares in the company, valued at approximately $293,400. The disclosure for this purchase can be found here. 2.30% of the stock is currently owned by company insiders.

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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