Farther Finance Advisors LLC Sells 289 Shares of Old Republic International Co. (NYSE:ORI)

Farther Finance Advisors LLC lessened its stake in Old Republic International Co. (NYSE:ORI) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,454 shares of the insurance provider’s stock after selling 289 shares during the period. Farther Finance Advisors LLC’s holdings in Old Republic International were worth $158,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ORI. Private Advisor Group LLC raised its position in shares of Old Republic International by 13.2% during the first quarter. Private Advisor Group LLC now owns 21,000 shares of the insurance provider’s stock worth $645,000 after acquiring an additional 2,446 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Old Republic International by 47.1% during the 1st quarter. BNP Paribas Financial Markets now owns 43,719 shares of the insurance provider’s stock worth $1,343,000 after purchasing an additional 14,002 shares during the last quarter. Sei Investments Co. raised its holdings in Old Republic International by 13.1% during the 1st quarter. Sei Investments Co. now owns 73,334 shares of the insurance provider’s stock worth $2,253,000 after purchasing an additional 8,485 shares during the last quarter. Inspire Investing LLC lifted its position in Old Republic International by 17.6% during the 1st quarter. Inspire Investing LLC now owns 53,600 shares of the insurance provider’s stock valued at $1,647,000 after purchasing an additional 8,040 shares during the period. Finally, Headlands Technologies LLC boosted its stake in shares of Old Republic International by 60.5% in the 1st quarter. Headlands Technologies LLC now owns 4,058 shares of the insurance provider’s stock valued at $125,000 after purchasing an additional 1,529 shares during the last quarter. Institutional investors own 70.92% of the company’s stock.

Analysts Set New Price Targets

Separately, Piper Sandler increased 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 1.4 %

NYSE:ORI opened at $36.83 on Monday. The stock’s fifty day simple moving average is $35.42 and its 200-day simple moving average is $33.19. The firm has a market capitalization of $9.34 billion, a P/E ratio of 12.70 and a beta of 0.84. The company has a quick ratio of 0.29, a current ratio of 0.28 and a debt-to-equity ratio of 0.31. Old Republic International Co. has a 12-month low of $27.19 and a 12-month high of $37.16.

Old Republic International Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 6th were paid a $1.06 dividend. The ex-dividend date was Friday, September 6th. This represents a dividend yield of 3.05%. Old Republic International’s dividend payout ratio (DPR) is presently 36.55%.

Old Republic International Profile

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.