De Lisle Partners LLP Purchases 48,902 Shares of Orion Group Holdings, Inc. (NYSE:ORN)

De Lisle Partners LLP grew its position in shares of Orion Group Holdings, Inc. (NYSE:ORN) by 15.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 375,144 shares of the construction company’s stock after buying an additional 48,902 shares during the quarter. De Lisle Partners LLP’s holdings in Orion Group were worth $2,145,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ORN. Quadrature Capital Ltd bought a new stake in Orion Group during the first quarter worth $197,000. Lazard Asset Management LLC bought a new position in Orion Group in the 1st quarter worth approximately $41,000. Virtu Financial LLC purchased a new position in shares of Orion Group in the first quarter valued at $269,000. Bank of New York Mellon Corp bought a new position in shares of Orion Group in the second quarter valued at approximately $897,000. Finally, Bailard Inc. bought a new stake in Orion Group during the second quarter valued at $323,000. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Orion Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

Insider Buying and Selling

In other Orion Group news, EVP Edward Chipman Earle bought 15,633 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were bought at an average price of $6.05 per share, for a total transaction of $94,579.65. Following the transaction, the executive vice president now directly owns 86,235 shares in the company, valued at $521,721.75. This trade represents a 22.14 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 7.30% of the stock is currently owned by corporate insiders.

Orion Group Stock Down 0.6 %

ORN opened at $8.77 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.24. The stock has a market cap of $341.15 million, a PE ratio of -21.92, a P/E/G ratio of 3.59 and a beta of 0.80. The business’s fifty day simple moving average is $6.58 and its 200 day simple moving average is $7.89. Orion Group Holdings, Inc. has a 52 week low of $4.09 and a 52 week high of $12.12.

Orion Group Profile

Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.