Financial Counselors Inc. lifted its holdings in shares of ORIX Co. (NYSE:IX – Free Report) by 9.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,626 shares of the real estate investment trust’s stock after buying an additional 317 shares during the period. Financial Counselors Inc.’s holdings in ORIX were worth $421,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in IX. Addison Advisors LLC acquired a new position in ORIX during the 2nd quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its holdings in shares of ORIX by 44.7% in the first quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 140 shares in the last quarter. CWM LLC increased its stake in shares of ORIX by 10.8% during the second quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock valued at $106,000 after acquiring an additional 93 shares during the period. GAMMA Investing LLC raised its holdings in ORIX by 26.2% during the second quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 220 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in ORIX by 143.7% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,133 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 668 shares during the period. 1.73% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th.
ORIX Price Performance
Shares of ORIX stock opened at $112.82 on Friday. ORIX Co. has a 52 week low of $89.90 and a 52 week high of $125.84. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 1.38. The stock has a market cap of $26.20 billion, a PE ratio of 9.73, a price-to-earnings-growth ratio of 1.05 and a beta of 0.91. The company’s 50-day moving average price is $110.68 and its two-hundred day moving average price is $113.04.
ORIX Profile
ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.
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