Orion Portfolio Solutions LLC Purchases 134 Shares of ORIX Co. (NYSE:IX)

Orion Portfolio Solutions LLC increased its position in shares of ORIX Co. (NYSE:IX) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,183 shares of the real estate investment trust’s stock after purchasing an additional 134 shares during the period. Orion Portfolio Solutions LLC’s holdings in ORIX were worth $950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in shares of ORIX by 635.3% during the second quarter. Blue Trust Inc. now owns 1,603 shares of the real estate investment trust’s stock worth $177,000 after purchasing an additional 1,385 shares during the period. Fifth Third Bancorp grew its position in ORIX by 8.9% during the second quarter. Fifth Third Bancorp now owns 10,095 shares of the real estate investment trust’s stock worth $1,124,000 after buying an additional 821 shares in the last quarter. International Assets Investment Management LLC bought a new position in ORIX during the 3rd quarter worth $4,256,000. Cerity Partners LLC raised its holdings in ORIX by 47.0% in the 3rd quarter. Cerity Partners LLC now owns 20,370 shares of the real estate investment trust’s stock valued at $2,364,000 after acquiring an additional 6,513 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of ORIX by 469.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,688 shares of the real estate investment trust’s stock valued at $2,053,000 after acquiring an additional 14,584 shares during the period. 1.73% of the stock is currently 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 NYSE:IX opened at $109.35 on Monday. The firm has a 50 day moving average of $109.76 and a 200-day moving average of $113.46. ORIX Co. has a 12 month low of $90.57 and a 12 month 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 capitalization of $25.39 billion, a PE ratio of 9.43, a PEG ratio of 1.10 and a beta of 0.92.

Insider Buying and Selling at ORIX

In other news, major shareholder Corp Orix sold 3,700,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $75.38, for a total value of $278,906,000.00. Following the sale, the insider now directly owns 2,976,077 shares in the company, valued at approximately $224,336,684.26. This trade represents a 55.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.08% of the company’s stock.

ORIX Company 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.