Old Republic International Corporation (NYSE:ORI) VP Frank Joseph Sodaro acquired 1,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were bought at an average cost of $19.38 per share, for a total transaction of $19,380.00. Following the acquisition, the vice president now owns 8,515 shares of the company’s stock, valued at approximately $165,020.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Old Republic International Corporation (NYSE ORI) remained flat at $19.34 during mid-day trading on Thursday. The company had a trading volume of 971,789 shares. The stock has a 50 day moving average of $19.71 and a 200 day moving average of $20.05. The firm has a market capitalization of $5.05 billion, a P/E ratio of 12.21 and a beta of 1.32. Old Republic International Corporation has a 52 week low of $16.51 and a 52 week high of $21.19.

Old Republic International Corporation (NYSE:ORI) last announced its quarterly earnings data on Thursday, July 27th. The insurance provider reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.02. Old Republic International Corporation had a return on equity of 9.41% and a net margin of 7.64%. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the business earned $0.35 earnings per share. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, equities research analysts predict that Old Republic International Corporation will post $1.47 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Frank Joseph Sodaro Purchases 1,000 Shares of Old Republic International Corporation (NYSE:ORI) Stock” was first posted by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/08/03/frank-joseph-sodaro-purchases-1000-shares-of-old-republic-international-corporation-nyseori-stock.html.

Institutional investors have recently made changes to their positions in the company. Acrospire Investment Management LLC purchased a new position in shares of Old Republic International Corporation during the first quarter valued at about $110,000. Chicago Partners Investment Group LLC purchased a new position in shares of Old Republic International Corporation during the second quarter valued at about $181,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Old Republic International Corporation by 14.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,945 shares of the insurance provider’s stock valued at $183,000 after buying an additional 1,147 shares during the period. Hartford Investment Management Co. purchased a new position in shares of Old Republic International Corporation during the second quarter valued at about $206,000. Finally, Delta Asset Management LLC TN boosted its position in shares of Old Republic International Corporation by 0.7% in the first quarter. Delta Asset Management LLC TN now owns 10,265 shares of the insurance provider’s stock valued at $210,000 after buying an additional 75 shares during the period. Hedge funds and other institutional investors own 70.94% of the company’s stock.

ORI has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Old Republic International Corporation from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Wednesday, May 24th. BidaskClub raised shares of Old Republic International Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 16th.

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.

Insider Buying and Selling by Quarter for Old Republic International Corporation (NYSE:ORI)

Receive News & Ratings for Old Republic International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Republic International Corporation and related companies with MarketBeat.com's FREE daily email newsletter.