Curi RMB Capital LLC Sells 10,129 Shares of Old Republic International Co. (NYSE:ORI)

Curi RMB Capital LLC cut its holdings in Old Republic International Co. (NYSE:ORI) by 3.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,140 shares of the insurance provider’s stock after selling 10,129 shares during the quarter. Curi RMB Capital LLC owned approximately 0.11% of Old Republic International worth $9,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Allworth Financial LP increased its holdings in shares of Old Republic International by 161.9% in the 3rd quarter. Allworth Financial LP now owns 728 shares of the insurance provider’s stock worth $26,000 after buying an additional 450 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in Old Republic International in the third quarter valued at $31,000. Versant Capital Management Inc increased its holdings in Old Republic International by 555.6% in the second quarter. Versant Capital Management Inc now owns 885 shares of the insurance provider’s stock valued at $27,000 after buying an additional 750 shares in the last quarter. Mather Group LLC. lifted its stake in Old Republic International by 201.0% in the 2nd quarter. Mather Group LLC. now owns 894 shares of the insurance provider’s stock valued at $27,000 after buying an additional 597 shares in the last quarter. Finally, Innealta Capital LLC acquired a new stake in Old Republic International in the 2nd quarter valued at about $30,000. Institutional investors own 70.92% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Old Republic International Stock Down 0.4 %

Shares of NYSE ORI opened at $37.33 on Friday. The stock’s 50-day simple moving average is $35.51 and its 200-day simple moving average is $33.32. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 12.87 and a beta of 0.84. Old Republic International Co. has a 1 year low of $27.19 and a 1 year high of $37.78. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.28 and a current ratio of 0.28.

About Old Republic International

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.