Bergankdv Wealth Management buys $1,522,445 stake in Old Republic International Corporation (ORI)

Old Republic International Corporation (ORI) : Bergankdv Wealth Management scooped up 16,017 additional shares in Old Republic International Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 79,047 shares of Old Republic International Corporation which is valued at $1,522,445.Old Republic International Corporation makes up approximately 0.64% of Bergankdv Wealth Management’s portfolio.

Other Hedge Funds, Including , Springbok Capital Management reduced its stake in ORI by selling 4,875 shares or 37.14% in the most recent quarter. The Hedge Fund company now holds 8,250 shares of ORI which is valued at $158,895. Old Republic International Corporation makes up approx 0.03% of Springbok Capital Management’s portfolio. Marshall Wace Llp sold out all of its stake in ORI during the most recent quarter. The investment firm sold 52,234 shares of ORI which is valued $1,006,027.Hanseatic Management Services Inc reduced its stake in ORI by selling 50,096 shares or 95.53% in the most recent quarter. The Hedge Fund company now holds 2,346 shares of ORI which is valued at $45,935. Old Republic International Corporation makes up approx 0.02% of Hanseatic Management Services Inc’s portfolio.Anchor Capital Advisors reduced its stake in ORI by selling 10,611 shares or 26.4% in the most recent quarter. The Hedge Fund company now holds 29,588 shares of ORI which is valued at $573,120. Old Republic International Corporation makes up approx 0.01% of Anchor Capital Advisors’s portfolio.

Old Republic International Corporation closed down -0.11 points or -0.57% at $19.12 with 12,93,441 shares getting traded on Thursday. Post opening the session at $19.26, the shares hit an intraday low of $19.06 and an intraday high of $19.3 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Old Republic International Corporation reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.33. The company had revenue of $1435.50 million for the quarter, compared to analysts expectations of $1444.00 million. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through a number of regulated insurance company subsidiaries which are organized into three segments: General Insurance Group; Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business. General Insurance segment is a commercial lines insurance business with a focus on liability insurance coverages. These coverages are provided to businesses Government and other institutions. Title Insurance Group’s business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. RFIG run-off business consists of its mortgage guaranty and CCI operations.

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