The stock of Old Republic International Corporation (NYSE:ORI) is a huge mover today! About 289,567 shares traded hands. Old Republic International Corporation (NYSE:ORI) has declined 2.28% since April 26, 2016 and is downtrending. It has underperformed by 7.54% the S&P500.
The move comes after 6 months positive chart setup for the $4.76 billion company. It was reported on Nov, 29 by Barchart.com. We have $19.43 PT which if reached, will make NYSE:ORI worth $285.60M more.
Analysts await Old Republic International Corporation (NYSE:ORI) to report earnings on January, 26. They expect $0.30 earnings per share, up 3.45% or $0.01 from last year’s $0.29 per share. ORI’s profit will be $77.91 million for 15.28 P/E if the $0.30 EPS becomes a reality. After $0.37 actual earnings per share reported by Old Republic International Corporation for the previous quarter, Wall Street now forecasts -18.92% negative EPS growth.
According to Zacks Investment Research, “Old Republic International Corporation is Chicago-based and is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages in the property and liability, mortgage guaranty, title and life and health insurance fields.”
Insitutional Activity: The institutional sentiment increased to 1.42 in 2016 Q2. Its up 0.38, from 1.04 in 2016Q1. The ratio is positive, as 31 funds sold all Old Republic International Corporation shares owned while 121 reduced positions. 37 funds bought stakes while 121 increased positions. They now own 182.13 million shares or 3.56% less from 188.86 million shares in 2016Q1.
Babson Capital Management Limited Liability Company holds 43,600 shares or 0.02% of its portfolio. Sei owns 4,700 shares or 0% of their US portfolio. Aqr Cap Management Llc reported 2.40M shares or 0.08% of all its holdings. The Illinois-based Spot Trading Ltd Company has invested 0% in Old Republic International Corporation (NYSE:ORI). Bbva Compass Bankshares Inc accumulated 17,550 shares or 0.03% of the stock. Ls Invest Advisors Limited Liability Corporation holds 0.02% of its portfolio in Old Republic International Corporation (NYSE:ORI) for 14,697 shares. Gru One Trading Lp, a Illinois-based fund reported 442 shares. Alps last reported 0% of its portfolio in the stock. Price Michael F holds 21,093 shares or 0.05% of its portfolio. Umb State Bank N A Mo has 16,712 shares for 0.01% of their US portfolio. The Colorado-based Advsrs Asset Mgmt has invested 0% in Old Republic International Corporation (NYSE:ORI). Blackrock Institutional Na reported 7.30 million shares or 0.02% of all its holdings. Bb&T Secs Lc holds 66,039 shares or 0.02% of its portfolio. Weaver C Barksdale & Incorporated reported 1,815 shares or 0.06% of all its holdings. Pnc Fincl Ser Grp Incorporated has invested 0.01% of its portfolio in Old Republic International Corporation (NYSE:ORI).
Insider Transactions: Since October 28, 2016, the stock had 5 insider purchases, and 0 insider sales for $325,981 net activity. 1,500 shares were bought by HELLAUER JAMES C, worth $24,810 on Friday, October 28. 8,000 shares with value of $134,880 were bought by DEW JIMMY A on Tuesday, November 1. Shares for $48,501 were bought by ZUCARO ALDO C on Monday, October 31. Shares for $33,440 were bought by Van Mieghem Dennis P.
Another recent and important Old Republic International Corporation (NYSE:ORI) news was published by Prnewswire.com which published an article titled: “Old Republic Declares Regular Fourth Quarter Cash Dividend Of 18.75 Cents Per …” on November 21, 2016.
ORI Company Profile
Old Republic International Corporation, incorporated on March 6, 1969, is a holding company. The Firm is engaged in business of insurance underwriting and related services. The Firm conducts its activities through various regulated insurance firm subsidiaries, which are organized into three divisions: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business.
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