RBF Capital LLC Has $88,000 Stake in Orion Group Holdings, Inc. (NYSE:ORN)

RBF Capital LLC lowered its holdings in shares of Orion Group Holdings, Inc. (NYSE:ORN) by 89.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,231 shares of the construction company’s stock after selling 129,326 shares during the quarter. RBF Capital LLC’s holdings in Orion Group were worth $88,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Royce & Associates LP raised its position in shares of Orion Group by 12.9% during the third quarter. Royce & Associates LP now owns 1,749,785 shares of the construction company’s stock worth $10,096,000 after purchasing an additional 200,420 shares during the period. Harbor Capital Advisors Inc. bought a new position in Orion Group in the third quarter valued at approximately $1,873,000. Bank of New York Mellon Corp bought a new position in shares of Orion Group during the 2nd quarter worth approximately $897,000. Atria Investments Inc boosted its stake in shares of Orion Group by 14.6% during the 3rd quarter. Atria Investments Inc now owns 49,298 shares of the construction company’s stock worth $284,000 after acquiring an additional 6,285 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Orion Group by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,882,898 shares of the construction company’s stock worth $17,907,000 after purchasing an additional 46,079 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, EVP Edward Chipman Earle acquired 15,633 shares of Orion Group stock in a transaction that occurred on Friday, September 13th. The shares were acquired at an average price of $6.05 per share, for a total transaction of $94,579.65. Following the transaction, the executive vice president now directly owns 86,235 shares of the company’s stock, valued at approximately $521,721.75. The trade was a 22.14 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.30% of the stock is currently owned by corporate insiders.

Orion Group Price Performance

Orion Group stock opened at $8.74 on Friday. The stock has a market capitalization of $339.99 million, a P/E ratio of -21.85, a price-to-earnings-growth ratio of 3.62 and a beta of 0.89. Orion Group Holdings, Inc. has a 52 week low of $4.09 and a 52 week 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 stock has a fifty day moving average of $6.96 and a 200-day moving average of $7.88.

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.