Eidelman Virant Capital acquired a new position in Orion Group Holdings Inc (NYSE:ORN) during the second quarter, HoldingsChannel.com reports. The fund acquired 30,000 shares of the construction company’s stock, valued at approximately $80,000.

Several other institutional investors also recently bought and sold shares of the stock. SG Americas Securities LLC lifted its stake in shares of Orion Group by 42.9% in the first quarter. SG Americas Securities LLC now owns 16,374 shares of the construction company’s stock worth $48,000 after acquiring an additional 4,914 shares during the period. Wedge Capital Management L L P NC lifted its stake in shares of Orion Group by 1.9% in the first quarter. Wedge Capital Management L L P NC now owns 321,809 shares of the construction company’s stock worth $940,000 after acquiring an additional 6,026 shares during the period. US Bancorp DE lifted its stake in shares of Orion Group by 3.9% in the first quarter. US Bancorp DE now owns 211,957 shares of the construction company’s stock worth $619,000 after acquiring an additional 8,000 shares during the period. First Trust Advisors LP lifted its stake in shares of Orion Group by 19.0% in the fourth quarter. First Trust Advisors LP now owns 52,215 shares of the construction company’s stock worth $224,000 after acquiring an additional 8,333 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Orion Group by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,432,909 shares of the construction company’s stock worth $10,437,000 after acquiring an additional 10,626 shares during the period. 94.41% of the stock is currently owned by institutional investors.

ORN has been the topic of several recent analyst reports. Mizuho initiated coverage on Merck & Co., Inc. in a research note on Tuesday, July 2nd. They issued a “buy” rating and a $97.00 price target on the stock. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research raised Hudson Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, May 29th. TheStreet raised Taitron Components from a “c+” rating to a “b-” rating in a research note on Tuesday, April 9th. Finally, B. Riley set a $36.00 price target on SeaWorld Entertainment and gave the company a “buy” rating in a research note on Monday, July 8th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $6.97.

In other news, CFO Robert L. Tabb acquired 20,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was purchased at an average price of $1.94 per share, for a total transaction of $38,800.00. Following the completion of the acquisition, the chief financial officer now directly owns 26,872 shares in the company, valued at approximately $52,131.68. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Peter R. Buchler acquired 30,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were purchased at an average price of $1.98 per share, with a total value of $59,400.00. Following the acquisition, the vice president now owns 180,656 shares of the company’s stock, valued at $357,698.88. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 63,285 shares of company stock worth $124,098. Insiders own 7.50% of the company’s stock.

ORN traded down $0.03 during trading on Tuesday, hitting $4.04. The company’s stock had a trading volume of 900 shares, compared to its average volume of 417,479. Orion Group Holdings Inc has a twelve month low of $1.80 and a twelve month high of $9.83. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 1.39. The business’s fifty day simple moving average is $3.08. The stock has a market capitalization of $119.48 million, a price-to-earnings ratio of -10.97 and a beta of 1.03.

Orion Group (NYSE:ORN) last issued its quarterly earnings results on Thursday, May 9th. The construction company reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.05). Orion Group had a negative net margin of 20.19% and a negative return on equity of 9.60%. The business had revenue of $143.11 million during the quarter, compared to analyst estimates of $126.76 million. Equities analysts predict that Orion Group Holdings Inc will post -0.27 earnings per share for the current fiscal year.

Orion Group Company Profile

Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the continental United States, Alaska, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company's marine construction services include construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.

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Institutional Ownership by Quarter for Orion Group (NYSE:ORN)

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