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

Orion Portfolio Solutions LLC grew its stake in ORIX Co. (NYSE:IX) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,183 shares of the real estate investment trust’s stock after purchasing an additional 134 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in ORIX were worth $950,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Addison Advisors LLC acquired a new position in ORIX during the second quarter valued at approximately $29,000. CWM LLC grew its holdings 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 during the period. Whittier Trust Co. of Nevada Inc. increased its position in shares of ORIX by 143.7% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,133 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 668 shares in the last quarter. GAMMA Investing LLC raised its stake in ORIX by 44.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock worth $178,000 after buying an additional 473 shares during the period. Finally, Blue Trust Inc. lifted its holdings in 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 acquiring an additional 1,385 shares in the last quarter. 1.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Insider Activity at ORIX

In related news, major shareholder Corp Orix sold 3,700,000 shares of ORIX stock in a transaction dated 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 transaction, the insider now owns 2,976,077 shares in the company, valued at approximately $224,336,684.26. This trade represents a 55.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.08% of the stock is owned by company insiders.

ORIX Trading Down 2.2 %

ORIX stock opened at $109.35 on Monday. The company has a market cap of $25.39 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 1.10 and a beta of 0.92. The firm has a 50-day moving average of $109.76 and a 200-day moving average of $113.46. 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 Co. has a one year low of $90.57 and a one year high of $125.84.

About ORIX

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.