Atria Investments Inc Acquires 6,285 Shares of Orion Group Holdings, Inc. (NYSE:ORN)

Atria Investments Inc lifted its holdings in Orion Group Holdings, Inc. (NYSE:ORN) by 14.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,298 shares of the construction company’s stock after purchasing an additional 6,285 shares during the period. Atria Investments Inc’s holdings in Orion Group were worth $284,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. American Century Companies Inc. lifted its position in shares of Orion Group by 311.9% in the second quarter. American Century Companies Inc. now owns 453,461 shares of the construction company’s stock worth $4,312,000 after buying an additional 343,368 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Orion Group in the 3rd quarter valued at approximately $1,873,000. Gendell Jeffrey L lifted its holdings in Orion Group by 25.2% in the 1st quarter. Gendell Jeffrey L now owns 819,566 shares of the construction company’s stock worth $6,720,000 after purchasing an additional 164,755 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Orion Group during the second quarter worth approximately $897,000. Finally, Dimensional Fund Advisors LP grew its holdings in Orion Group by 2.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,882,898 shares of the construction company’s stock valued at $17,907,000 after purchasing an additional 46,079 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Orion Group

In related news, EVP Edward Chipman Earle bought 15,633 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average cost of $6.05 per share, for a total transaction of $94,579.65. Following the purchase, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 7.30% of the company’s stock.

Orion Group Trading Down 2.1 %

Shares of NYSE:ORN opened at $8.55 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35. The stock’s 50-day moving average is $6.49 and its 200-day moving average is $7.88. The company has a market cap of $332.40 million, a P/E ratio of -21.36, a P/E/G ratio of 3.61 and a beta of 0.80. Orion Group Holdings, Inc. has a 52-week low of $4.09 and a 52-week high of $12.12.

Wall Street Analyst Weigh In

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

About Orion Group

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.