Thompson Siegel & Walmsley LLC Sells 771,146 Shares of Old Republic International Co. (NYSE:ORI)

Thompson Siegel & Walmsley LLC decreased its position in shares of Old Republic International Co. (NYSE:ORI) by 64.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 432,053 shares of the insurance provider’s stock after selling 771,146 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Old Republic International were worth $15,303,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Financial Counselors Inc. boosted its holdings in Old Republic International by 3.8% during the second quarter. Financial Counselors Inc. now owns 9,270 shares of the insurance provider’s stock worth $286,000 after buying an additional 340 shares during the last quarter. Covestor Ltd increased its position in shares of Old Republic International by 23.0% in the first quarter. Covestor Ltd now owns 1,937 shares of the insurance provider’s stock valued at $59,000 after acquiring an additional 362 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of Old Republic International by 4.9% in the 2nd quarter. CIBC Asset Management Inc now owns 7,902 shares of the insurance provider’s stock valued at $244,000 after buying an additional 371 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in Old Republic International by 5.2% in the first quarter. EP Wealth Advisors LLC now owns 7,762 shares of the insurance provider’s stock valued at $238,000 after acquiring an additional 387 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in Old Republic International by 8.9% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 5,235 shares of the insurance provider’s stock valued at $162,000 after purchasing an additional 430 shares during the last quarter. 70.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Piper Sandler upped their price objective on shares of Old Republic International from $36.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, October 21st.

Old Republic International Stock Up 0.7 %

Shares of ORI opened at $37.73 on Thursday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $9.57 billion, a PE ratio of 13.01 and a beta of 0.84. The firm’s 50 day moving average is $35.70 and its 200-day moving average is $33.55. Old Republic International Co. has a 12 month low of $27.19 and a 12 month high of $37.81.

About Old Republic International

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.