Gargoyle Investment Advisor L.l.c. buys $4,057,496 stake in Old Republic International Corporation (ORI)

Old Republic International Corporation (ORI) : Gargoyle Investment Advisor L.l.c. scooped up 4,745 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 May 9, 2016. The investment management firm now holds a total of 214,796 shares of Old Republic International Corporation which is valued at $4,057,496.Old Republic International Corporation makes up approximately 1.41% of Gargoyle Investment Advisor L.l.c.’s portfolio.

Other Hedge Funds, Including , Cibc Asset Management Inc boosted its stake in ORI in the latest quarter, The investment management firm added 87 additional shares and now holds a total of 18,488 shares of Old Republic International Corporation which is valued at $349,238. Ngam Advisors sold out all of its stake in ORI during the most recent quarter. The investment firm sold 19,191 shares of ORI which is valued $360,023.Ifp Advisors Inc boosted its stake in ORI in the latest quarter, The investment management firm added 4,527 additional shares and now holds a total of 5,884 shares of Old Republic International Corporation which is valued at $110,384. Old Republic International Corporation makes up approx 0.01% of Ifp Advisors Inc’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in ORI by selling 2,974 shares or 3.77% in the most recent quarter. The Hedge Fund company now holds 75,872 shares of ORI which is valued at $1,402,873. Old Republic International Corporation makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.

Old Republic International Corporation closed down -0.2 points or -1.05% at $18.89 with 13,77,584 shares getting traded on Friday. Post opening the session at $19.11, the shares hit an intraday low of $18.815 and an intraday high of $19.14 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Old Republic International Corporation reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.29. The company had revenue of $1369.30 million for the quarter, compared to analysts expectations of $1354.00 million. The company’s revenue was up 4.4% 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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