Stock of The Day: Old Republic International Corp 2016 Q2 Institutional Investor Sentiment Better Than Expected

November 30, 2016 - By Dolores Ford   ·   0 Comments

Stock of The Day: Old Republic International Corp  2016 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for Old Republic International Corp (NYSE:ORI)

Old Republic International Corp (NYSE:ORI) institutional sentiment increased to 1.42 in 2016 Q2. Its up 0.38, from 1.04 in 2016Q1. The ratio is more positive, as 158 investment professionals opened new and increased stock positions, while 152 cut down and sold holdings in Old Republic International Corp. The investment professionals in our partner’s database reported: 182.13 million shares, down from 188.86 million shares in 2016Q1. Also, the number of investment professionals holding Old Republic International Corp in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 31 Reduced: 121 Increased: 121 New Position: 37.

Old Republic International Corporation is a holding company. The company has a market cap of $4.85 billion. The Firm is engaged in business of insurance underwriting and related services. It has a 12.49 P/E ratio. 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 Run-off Business.

Old Republic International Corporation (NYSE:ORI) has declined 0.38% since April 27, 2016 and is downtrending. It has underperformed by 5.61% the S&P500.

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 $79.68 million for 15.22 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.”

Waterstone Capital Management L.P. holds 6.33% of its portfolio in Old Republic International Corporation for 691,530 shares. Knightsbridge Asset Management Llc owns 197,814 shares or 3.59% of their US portfolio. Moreover, North Star Investment Management Corp. has 2.84% invested in the company for 801,000 shares. The Massachusetts-based Contravisory Investment Management Inc. has invested 2.08% in the stock. United Fire Group Inc, a Iowa-based fund reported 254,690 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 5 buys, and 0 insider sales for $325,981 net activity.

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.

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.

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By Dolores Ford


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