Old Republic International Co. (NYSE:ORI) Shares Purchased by Huntington National Bank

Huntington National Bank boosted its position in shares of Old Republic International Co. (NYSE:ORI) by 381.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,289 shares of the insurance provider’s stock after buying an additional 1,021 shares during the period. Huntington National Bank’s holdings in Old Republic International were worth $46,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. raised its position in Old Republic International by 13.1% in the 1st quarter. Sei Investments Co. now owns 73,334 shares of the insurance provider’s stock valued at $2,253,000 after purchasing an additional 8,485 shares during the last quarter. Blair William & Co. IL increased its stake in Old Republic International by 42.7% in the first quarter. Blair William & Co. IL now owns 37,805 shares of the insurance provider’s stock valued at $1,161,000 after purchasing an additional 11,321 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of Old Republic International by 556.6% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 20,500 shares of the insurance provider’s stock valued at $631,000 after buying an additional 17,378 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Old Republic International by 6.3% during the first quarter. Vanguard Group Inc. now owns 28,156,630 shares of the insurance provider’s stock worth $864,972,000 after buying an additional 1,661,147 shares during the period. Finally, Covestor Ltd increased its position in Old Republic International by 23.0% in the 1st quarter. Covestor Ltd now owns 1,937 shares of the insurance provider’s stock valued at $59,000 after acquiring an additional 362 shares during the period. Hedge funds and other institutional investors own 70.92% of the company’s stock.

Old Republic International Stock Performance

Shares of ORI opened at $37.66 on Tuesday. The stock has a market capitalization of $9.55 billion, a P/E ratio of 12.93 and a beta of 0.84. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.28 and a current ratio of 0.28. Old Republic International Co. has a 1 year low of $27.19 and a 1 year high of $37.81. The company’s fifty day moving average is $35.60 and its two-hundred day moving average is $33.45.

Analysts Set New Price Targets

Separately, Piper Sandler increased their price objective on Old Republic International from $36.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st.

Old Republic International Company 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.