Measured Wealth Private Client Group LLC Has $966,000 Holdings in Old Republic International Co. (NYSE:ORI)

Measured Wealth Private Client Group LLC boosted its holdings in Old Republic International Co. (NYSE:ORI) by 5.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,841 shares of the insurance provider’s stock after buying an additional 1,676 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Old Republic International were worth $966,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ORI. Allworth Financial LP boosted its stake in Old Republic International by 1,069.4% in the third quarter. Allworth Financial LP now owns 994 shares of the insurance provider’s stock valued at $27,000 after buying an additional 909 shares in the last quarter. BKM Wealth Management LLC bought a new position in Old Republic International in the fourth quarter valued at about $29,000. Naples Money Management LLC bought a new position in Old Republic International in the fourth quarter valued at about $34,000. GAMMA Investing LLC bought a new position in Old Republic International in the fourth quarter valued at about $34,000. Finally, Blue Trust Inc. raised its position in Old Republic International by 62.7% in the fourth quarter. Blue Trust Inc. now owns 1,365 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 526 shares during the last quarter. 70.92% of the stock is owned by institutional investors and hedge funds.

Old Republic International Trading Down 0.1 %

Shares of ORI traded down $0.02 during mid-day trading on Friday, reaching $30.62. 1,388,533 shares of the company were exchanged, compared to its average volume of 2,031,370. The business has a 50 day simple moving average of $29.76 and a two-hundred day simple moving average of $29.01. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.25 and a current ratio of 1.28. The stock has a market capitalization of $8.44 billion, a PE ratio of 11.91 and a beta of 0.81. Old Republic International Co. has a 52 week low of $24.17 and a 52 week high of $31.22.

Old Republic International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Monday, March 11th were given a $0.265 dividend. The ex-dividend date was Friday, March 8th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 3.46%. This is an increase from Old Republic International’s previous quarterly dividend of $0.25. Old Republic International’s payout ratio is 41.25%.

Insider Transactions at Old Republic International

In other news, Director Barbara Adachi bought 1,925 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was acquired at an average price of $28.60 per share, with a total value of $55,055.00. Following the completion of the purchase, the director now directly owns 7,845 shares of the company’s stock, valued at $224,367. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Old Republic International news, Director Barbara Adachi bought 1,925 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were bought at an average price of $28.60 per share, for a total transaction of $55,055.00. Following the transaction, the director now directly owns 7,845 shares in the company, valued at $224,367. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Therace Risch bought 6,086 shares of the stock in a transaction on Tuesday, April 30th. The stock was acquired at an average price of $29.77 per share, with a total value of $181,180.22. Following the completion of the acquisition, the director now owns 6,086 shares of the company’s stock, valued at approximately $181,180.22. The disclosure for this purchase can be found here. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. StockNews.com upgraded Old Republic International from a “hold” rating to a “buy” rating in a research report on Friday, April 26th. Piper Sandler increased their target price on Old Republic International from $32.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, April 1st.

Old Republic International Company Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business.