Virtu Financial LLC Buys Shares of 9,452 ORIX Co. (NYSE:IX)

Virtu Financial LLC purchased a new position in ORIX Co. (NYSE:IX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,452 shares of the real estate investment trust’s stock, valued at approximately $1,097,000.

Several other institutional investors have also made changes to their positions in the stock. Addison Advisors LLC purchased a new position in ORIX in the second quarter valued at about $29,000. CWM LLC grew its stake in shares of ORIX by 10.8% in the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 93 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings 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 buying an additional 668 shares during the last quarter. GAMMA Investing LLC raised its position in ORIX by 44.6% during the third quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock valued at $178,000 after acquiring an additional 473 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in ORIX by 635.3% in the second quarter. Blue Trust Inc. now owns 1,603 shares of the real estate investment trust’s stock valued at $177,000 after acquiring an additional 1,385 shares during the last quarter. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at ORIX

In related news, major shareholder Corp Orix sold 3,700,000 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the completion of the sale, the insider now owns 2,976,077 shares in the company, valued at $224,336,684.26. This represents a 55.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of ORIX from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th.

ORIX Price Performance

NYSE IX opened at $109.16 on Friday. The firm has a market cap of $25.35 billion, a P/E ratio of 9.41, a price-to-earnings-growth ratio of 1.10 and a beta of 0.92. The stock’s 50-day moving average is $109.76 and its two-hundred day moving average is $113.37. ORIX Co. has a fifty-two week low of $90.57 and a fifty-two week high of $125.84. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.40 and a quick ratio of 1.37.

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.