Old Republic International Co. (NYSE:ORI) is Weaver C. Barksdale & Associates Inc.’s eighth largest holding.

Weaver C. Barksdale & Associates Inc. reduced its position in shares of Old Republic International Co. (NYSE:ORI – Free Report) by 1.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 75,010 shares of the insurance provider’s stock after selling 1,194 shares during the period. Old Republic International accounts for 2.2% of Weaver C. Barksdale & Associates Inc.’s holdings, making the stock its 8th largest holding. Holdings of Weaver C. Barksdale & Associates Inc. worth $2,318,000 in Old Republic International as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in Old Republic International by 18.9% in the 4th quarter. BNP Paribas Financial Markets now owns 29,717 shares of the insurance provider’s stock valued at $874,000 after acquiring an additional 4,716 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Old Republic International by 10,794.8% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 14,708 shares of the insurance provider’s stock valued at $432,000 after purchasing an additional 14,573 shares in the last quarter. Norges Bank bought a new position in Old Republic International in the fourth quarter valued at about $89,446,000. PNC Financial Services Group Inc. boosted its holdings in Old Republic International by 2.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 222,709 shares of the insurance provider’s stock worth $6,548,000 after buying an additional 5,320 shares during the period. Finally, Coldstream Capital Management Inc. boosted its holdings in shares of Old Republic International by 3.0% in the 4th quarter. Coldstream Capital Management Inc. now owns 18,710 shares of the insurance provider’s stock valued at $550,000 after buying an additional 543 shares during the period. 70.92% of the shares are currently held by hedge funds and other institutional investors.

Old Republic international price performance

Shares of ORI stock opened at $35.59 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.29, and a quick ratio of 0.29. Old Republic International Co. has a 12-month low of $26.08 and a 12-month high of $36.09. The stock has a fifty day moving average price of $34.22 and a 200 day moving average price of $31.72. The company has a market cap of $9.20 billion, a P/E ratio of 13.85 and a beta of 0.84.

Old Republic International (NYSE:ORI – Get Free Report ) last issued its quarterly earnings data on Thursday, July 25th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.15. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Old Republic International had a net margin of 8.59% and a return on equity of 12.57%. During the same period last year, the company posted earnings of $0.62 per share. On average, research analysts estimate that Old Republic International Co. will post 2.83 earnings per share for the current year.

Old Republic International announces dividend

The company also recently disclosed an annual dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 6th were given a dividend of $1.06 per share. This represents a yield of 3.05%. The ex-dividend date was Friday, September 6. Old Republic International’s payout ratio is 41.25%.

Old Republic International Company Profile

(Free report)

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 businesses.

Further reading

Want to see what other hedge funds own ORI? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Old Republic International Co. (NYSE:ORI – Free Report).

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