Orion Group Holdings, Inc. (NYSE:ORN) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in Orion Group Holdings, Inc. (NYSE:ORN) by 1.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 676,917 shares of the construction company’s stock after acquiring an additional 10,098 shares during the period. Geode Capital Management LLC’s holdings in Orion Group were worth $3,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ORN. Portolan Capital Management LLC lifted its stake in Orion Group by 56.6% during the 3rd quarter. Portolan Capital Management LLC now owns 1,985,355 shares of the construction company’s stock valued at $11,455,000 after acquiring an additional 717,533 shares during the period. Dimensional Fund Advisors LP lifted its position 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 period. Royce & Associates LP boosted its holdings in Orion Group by 12.9% in the third quarter. Royce & Associates LP now owns 1,749,785 shares of the construction company’s stock valued at $10,096,000 after purchasing an additional 200,420 shares during the last quarter. State Street Corp grew its position in Orion Group by 27.3% during the 3rd quarter. State Street Corp now owns 552,152 shares of the construction company’s stock worth $3,186,000 after purchasing an additional 118,296 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Orion Group by 311.9% during the 2nd quarter. American Century Companies Inc. now owns 453,461 shares of the construction company’s stock valued at $4,312,000 after buying an additional 343,368 shares during the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Orion Group Stock Down 1.0 %

ORN stock opened at $7.68 on Tuesday. Orion Group Holdings, Inc. has a one year low of $4.41 and a one year high of $12.12. 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 firm’s fifty day moving average is $7.88 and its 200 day moving average is $7.56. The firm has a market cap of $298.76 million, a PE ratio of -19.20, a P/E/G ratio of 3.44 and a beta of 0.94.

Analyst Upgrades and Downgrades

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

Orion Group Company Profile

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.