Advisors Asset Management Inc. Sells 1,418 Shares of Old Republic International Co. (NYSE:ORI)

Advisors Asset Management Inc. lowered its position in shares of Old Republic International Co. (NYSE:ORIGet Rating) by 8.7% during the second quarter, Holdings Channel.com reports. The firm owned 14,833 shares of the insurance provider’s stock after selling 1,418 shares during the quarter. Advisors Asset Management Inc.’s holdings in Old Republic International were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in ORI. BlackRock Inc. grew its position in Old Republic International by 4.6% during the first quarter. BlackRock Inc. now owns 31,752,672 shares of the insurance provider’s stock worth $821,440,000 after buying an additional 1,382,209 shares in the last quarter. State Street Corp grew its position in Old Republic International by 3.6% during the first quarter. State Street Corp now owns 23,255,544 shares of the insurance provider’s stock worth $601,621,000 after buying an additional 808,670 shares in the last quarter. Victory Capital Management Inc. grew its position in Old Republic International by 122.6% during the second quarter. Victory Capital Management Inc. now owns 10,602,065 shares of the insurance provider’s stock worth $237,062,000 after buying an additional 5,839,958 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Old Republic International by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 7,250,205 shares of the insurance provider’s stock worth $187,569,000 after buying an additional 46,499 shares in the last quarter. Finally, Invesco Ltd. grew its position in Old Republic International by 32.9% during the first quarter. Invesco Ltd. now owns 3,741,155 shares of the insurance provider’s stock worth $96,782,000 after buying an additional 926,871 shares in the last quarter. Institutional investors own 72.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Old Republic International from a “buy” rating to a “hold” rating in a research report on Wednesday, October 5th.

Old Republic International Trading Down 0.6 %

Shares of NYSE:ORI opened at $23.76 on Friday. The company has a market capitalization of $7.23 billion, a P/E ratio of 9.07 and a beta of 0.81. Old Republic International Co. has a 1 year low of $20.27 and a 1 year high of $27.19. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.59 and a quick ratio of 0.59. The business’s 50 day simple moving average is $22.50 and its 200 day simple moving average is $22.66.

About Old Republic International

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Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance, Title Insurance, and the Republic Financial Indemnity Group Run-off Business.

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Institutional Ownership by Quarter for Old Republic International (NYSE:ORI)

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