Orion Group Holdings Inc (NYSE:ORN) Holdings Boosted by Taylor Cottrill Erickson & Associates Inc.

Taylor Cottrill Erickson & Associates Inc. increased its stake in Orion Group Holdings Inc (NYSE:ORN) by 38.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,100 shares of the construction company’s stock after purchasing an additional 5,000 shares during the period. Taylor Cottrill Erickson & Associates Inc. owned approximately 0.06% of Orion Group worth $78,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in ORN. Dimensional Fund Advisors LP boosted its holdings in Orion Group by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 2,350,504 shares of the construction company’s stock worth $19,415,000 after buying an additional 126,243 shares in the last quarter. Algert Global LLC raised its holdings in shares of Orion Group by 18.2% during the 3rd quarter. Algert Global LLC now owns 232,021 shares of the construction company’s stock worth $1,752,000 after acquiring an additional 35,805 shares in the last quarter. Acadian Asset Management LLC raised its stake in Orion Group by 112.2% during the 3rd quarter. Acadian Asset Management LLC now owns 268,569 shares of the construction company’s stock valued at $2,027,000 after acquiring an additional 142,019 shares during the last quarter. Panagora Asset Management Inc. grew its holdings in shares of Orion Group by 52.2% during the 3rd quarter. Panagora Asset Management Inc. now owns 167,904 shares of the construction company’s stock valued at $1,268,000 after acquiring an additional 57,602 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Orion Group by 29.3% in the 3rd quarter. Renaissance Technologies LLC now owns 679,289 shares of the construction company’s stock valued at $5,129,000 after buying an additional 154,074 shares in the last quarter. Institutional investors and hedge funds own 88.89% of the company’s stock.

ORN stock opened at $3.96 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.55 and a current ratio of 1.59. The firm has a market capitalization of $117.03 million, a PE ratio of -28.29 and a beta of 1.13. Orion Group Holdings Inc has a twelve month low of $3.75 and a twelve month high of $9.83.

Several research firms recently weighed in on ORN. Zacks Investment Research upgraded shares of Orion Group from a “hold” rating to a “buy” rating and set a $4.75 target price for the company in a research note on Wednesday, January 2nd. Canaccord Genuity lowered their price objective on shares of Orion Group from $10.00 to $8.00 and set a “hold” rating on the stock in a research note on Friday, October 19th. ValuEngine upgraded shares of Orion Group from a “sell” rating to a “hold” rating in a report on Saturday, December 15th. Finally, B. Riley reiterated a “neutral” rating and set a $7.00 price target (down previously from $11.00) on shares of Orion Group in a research report on Friday, October 19th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $7.44.

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About Orion Group

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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