Coho Partners LTD Has Increased Its Position in Amerisourcebergen Corp. (ABC) as Market Value Declined; As Old Rep Intl (ORI) Stock Rose, Mesirow Financial Investment Management Us Value Equity Has Lifted by $422,520 Its Position

AmerisourceBergen Corporation (NYSE:ABC) Logo

Mesirow Financial Investment Management Us Value Equity increased its stake in Old Rep Intl Corp (ORI) by 28.41% based on its latest 2018Q1 regulatory filing with the SEC. Mesirow Financial Investment Management Us Value Equity bought 20,120 shares as the company’s stock rose 2.46% while stock markets declined. The institutional investor held 90,935 shares of the property-casualty insurers company at the end of 2018Q1, valued at $1.95M, up from 70,815 at the end of the previous reported quarter. Mesirow Financial Investment Management Us Value Equity who had been investing in Old Rep Intl Corp for a number of months, seems to be bullish on the $5.99B market cap company. The stock increased 1.37% or $0.27 during the last trading session, reaching $19.95. About 1.68 million shares traded. Old Republic International Corporation (NYSE:ORI) has risen 12.48% since June 29, 2017 and is uptrending. It has underperformed by 0.09% the S&P500. Some Historical ORI News: 07/05/2018 – Frutarom President and CEO Ori Yehudai Will Serve as Strategic Adviser Supporting Andreas Fibig, Chairman and CEO of IFF, After Transaction’s Close; 15/05/2018 – Old Republic Announces Several Senior Management Promotions; 15/05/2018 – Old Republic Names Craig Smiddy Operating Chief, President; 30/04/2018 – Five Oaks Investment Corp. Commences Transition in Strategy with Acquisition of a Commercial Real Estate Loan Portfolio and Ori; 16/05/2018 – Ori Announces Availability for Commercial Developers in Greater Boston, New York Metropolitan Area, and Washington, D.C; 16/04/2018 – Hamlin Capital Buys New 1.1% Position in Old Republic; 14/03/2018 – OLD REPUBLIC INTL CORP FILES MIXED SECURITIES SHELF; 14/05/2018 – Old Republic Declares Regular Second Quarter Cash Dividend Of 19.5 Cents Per Share; 25/04/2018 – A.M. Best Affirms Credit Ratings of Subsidiaries of Old Republic International Corporation; 26/04/2018 – Old Republic Closes Below 50-Day Moving Average: Technicals

Coho Partners Ltd increased its stake in Amerisourcebergen Corp. (ABC) by 43.5% based on its latest 2018Q1 regulatory filing with the SEC. Coho Partners Ltd bought 490,607 shares as the company’s stock declined 15.00% with the market. The institutional investor held 1.62 million shares of the other pharmaceuticals company at the end of 2018Q1, valued at $139.52M, up from 1.13 million at the end of the previous reported quarter. Coho Partners Ltd who had been investing in Amerisourcebergen Corp. for a number of months, seems to be bullish on the $18.93B market cap company. The stock decreased 4.14% or $3.72 during the last trading session, reaching $86.1. About 5.02 million shares traded or 235.13% up from the average. AmerisourceBergen Corporation (NYSE:ABC) has declined 6.17% since June 29, 2017 and is downtrending. It has underperformed by 18.74% the S&P500. Some Historical ABC News: 02/05/2018 – AMERISOURCEBERGEN SEES AT BOTTOM OF YEAR ADJ. EPS VIEW RANGE; 02/05/2018 – AmerisourceBergen 2Q Effective Tax Rate 21.9%; 09/03/2018 – The Moyer Foundation Receives Grant from the AmerisourceBergen Foundation to Launch New Community Program for Children Living with Addiction in their Families; 15/05/2018 – U.S. state lawsuits against Purdue Pharma over opioid epidemic mount; 02/05/2018 – AmerisourceBergen Sees FY18 Revenue Growth in 8%-11% Range; 15/05/2018 – Lash Group Launches Artificial Intelligence-Powered Electronic Benefit Verification Solution; 09/03/2018 – AmerisourceBergen to Participate in Barclays Global Healthcare Conference; 02/05/2018 – AMERISOURCEBERGEN 2Q ADJ EPS $1.94, EST. $1.82; 02/05/2018 – AmerisourceBergen 2Q Adj EPS $1.94; 08/03/2018 – Health insurer Cigna to buy Express Scripts for about $54 bln

Among 20 analysts covering AmerisourceBergen (NYSE:ABC), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. AmerisourceBergen had 74 analyst reports since July 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ABC in report on Friday, May 6 with “Outperform” rating. The firm has “Buy” rating given on Friday, September 8 by Needham. The firm has “Buy” rating given on Wednesday, November 22 by Needham. The firm has “Mkt Perform” rating given on Friday, November 4 by Leerink Swann. UBS maintained the stock with “Neutral” rating in Friday, August 4 report. Zacks upgraded AmerisourceBergen Corporation (NYSE:ABC) on Thursday, September 17 to “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, October 7. Morgan Stanley upgraded the shares of ABC in report on Thursday, November 10 to “Overweight” rating. The company was downgraded on Friday, June 30 by Bank of America. On Tuesday, April 3 the stock rating was maintained by Cowen & Co with “Buy”.

Coho Partners Ltd, which manages about $1.39 billion and $3.81B US Long portfolio, decreased its stake in Becton Dickinson & Co. (NYSE:BDX) by 676,766 shares to 7,016 shares, valued at $1.52M in 2018Q1, according to the filing. It also reduced its holding in Automatic Data Processinginc. (NASDAQ:ADP) by 35,468 shares in the quarter, leaving it with 1.09 million shares, and cut its stake in Omnicom Group Inc. (NYSE:OMC).

More important recent AmerisourceBergen Corporation (NYSE:ABC) news were published by: Bizjournals.com which released: “Fort Mill-based Lash Group to lay off 200 workers in Pittsburgh area” on June 21, 2018, also 247Wallst.com published article titled: “Amazon’s PillPack Purchase Wipes Out $20 Billion in Pharmacy-Related Market Cap”, Streetinsider.com published: “AmerisourceBergen (ABC) PT Raised to $110 at Deutsche Bank; Multiple Tailwinds” on June 28, 2018. More interesting news about AmerisourceBergen Corporation (NYSE:ABC) was released by: Bizjournals.com and their article: “Monroeville drug wholesaler subsidiary to lay off 200 workers” with publication date: June 21, 2018.

Among 2 analysts covering Old Republic Intl (NYSE:ORI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Old Republic Intl had 2 analyst reports since October 30, 2017 according to SRatingsIntel. The stock of Old Republic International Corporation (NYSE:ORI) earned “Outperform” rating by JMP Securities on Monday, February 12. The stock has “Strong Buy” rating by Raymond James on Monday, October 30.

Since February 15, 2018, it had 2 buys, and 6 sales for $4.43 million activity. On Wednesday, March 7 the insider ZUCARO ALDO C bought $1,609. $846,550 worth of Old Republic International Corporation (NYSE:ORI) was sold by STEINER ARNOLD L on Tuesday, June 12. BOONE CHARLES S sold 24,000 shares worth $511,240. On Thursday, February 15 the insider REED GLENN W bought $102,150.

Mesirow Financial Investment Management Us Value Equity, which manages about $12.10B and $1.02 billion US Long portfolio, decreased its stake in Spx Flow Inc by 177,590 shares to 276,422 shares, valued at $13.60 million in 2018Q1, according to the filing. It also reduced its holding in Ameris Bancorp (NASDAQ:ABCB) by 44,850 shares in the quarter, leaving it with 287,403 shares, and cut its stake in Tech Data Corp (NASDAQ:TECD).

Another recent and important Old Republic International Corporation (NYSE:ORI) news was published by Finance.Yahoo.com which published an article titled: “Only 3 Days Left To Cash In On Old Republic International Corporation (NYSE:ORI) Dividend, Should You Buy?” on June 02, 2018.

Investors sentiment decreased to 1.5 in Q1 2018. Its down 0.13, from 1.63 in 2017Q4. It turned negative, as 24 investors sold ORI shares while 101 reduced holdings. 70 funds opened positions while 118 raised stakes. 219.70 million shares or 16.14% more from 189.18 million shares in 2017Q4 were reported. Legg Mason Asset Mgmt (Japan) has invested 0.2% in Old Republic International Corporation (NYSE:ORI). Moreover, Morgan Stanley has 0.01% invested in Old Republic International Corporation (NYSE:ORI) for 1.54M shares. Ing Groep Nv reported 38,115 shares. Whittier Of Nevada Inc invested 0% of its portfolio in Old Republic International Corporation (NYSE:ORI). Pnc Financial Grp invested 0.01% of its portfolio in Old Republic International Corporation (NYSE:ORI). Blair William And Il, a Illinois-based fund reported 115,789 shares. Suntrust Banks Inc has invested 0.02% in Old Republic International Corporation (NYSE:ORI). Community Natl Bank Na has 0% invested in Old Republic International Corporation (NYSE:ORI) for 400 shares. Chicago Equity Partners Ltd Liability holds 727,499 shares or 0.5% of its portfolio. Eaton Vance Management holds 0% of its portfolio in Old Republic International Corporation (NYSE:ORI) for 21,650 shares. Engineers Gate Manager Lp accumulated 0.46% or 323,654 shares. Smithfield Co reported 971 shares. Millennium Management Limited Com reported 4.01M shares stake. State Street Corp reported 21.70 million shares. Fulton Financial Bank Na accumulated 14,575 shares or 0.02% of the stock.

Old Republic International Corporation (NYSE:ORI) Institutional Positions Chart