Dreman Value Management L L C continued to hold its position in shares of Old Republic International Corporation (NYSE:ORI) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,613 shares of the insurance provider’s stock at the close of the second quarter. Dreman Value Management L L C’s holdings in Old Republic International Corporation were worth $443,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Ffcm LLC lifted its stake in shares of Old Republic International Corporation by 185.0% in the 2nd quarter. Ffcm LLC now owns 6,008 shares of the insurance provider’s stock valued at $119,000 after purchasing an additional 3,900 shares during the period. Legg Mason Asset Management Japan Co. Ltd. acquired a new position in shares of Old Republic International Corporation in the 2nd quarter valued at $174,000. Chicago Partners Investment Group LLC acquired a new position in shares of Old Republic International Corporation in the 2nd quarter valued at $181,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Old Republic International Corporation by 7.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,655 shares of the insurance provider’s stock valued at $189,000 after purchasing an additional 710 shares during the period. Finally, Hartford Investment Management Co. acquired a new position in shares of Old Republic International Corporation in the 2nd quarter valued at $206,000. 71.20% of the stock is currently owned by institutional investors.

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Shares of Old Republic International Corporation (NYSE ORI) traded down 0.582% during midday trading on Tuesday, reaching $19.655. 119,017 shares of the company traded hands. The firm has a market capitalization of $5.13 billion, a PE ratio of 12.385 and a beta of 1.30. Old Republic International Corporation has a 12-month low of $16.51 and a 12-month high of $21.19. The company has a 50-day moving average of $19.42 and a 200 day moving average of $19.68.

Old Republic International Corporation (NYSE:ORI) last issued its earnings results 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 business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the company earned $0.35 earnings per share. The firm’s revenue was up 3.9% on a year-over-year basis. On average, equities analysts forecast that Old Republic International Corporation will post $1.43 earnings per share for the current year.

Several brokerages recently commented on ORI. Zacks Investment Research downgraded Old Republic International Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday. BidaskClub cut Old Republic International Corporation from a “sell” rating to a “strong sell” rating in a report on Sunday, July 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.

Institutional Ownership by Quarter for Old Republic International Corporation (NYSE:ORI)

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