Cerity Partners LLC increased its stake in ORIX Co. (NYSE:IX - Free Report) by 47.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,370 shares of the real estate investment trust's stock after purchasing an additional 6,513 shares during the quarter. Cerity Partners LLC's holdings in ORIX were worth $2,364,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Addison Advisors LLC bought a new position in shares of ORIX in the second quarter worth about $29,000. EverSource Wealth Advisors LLC increased its stake in ORIX by 44.7% during 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 during the period. CWM LLC raised its holdings in 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 acquiring an additional 93 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of ORIX by 26.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust's stock worth $118,000 after acquiring an additional 220 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in shares of ORIX by 143.7% during the 2nd 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 in the last quarter. Institutional investors own 1.73% of the company's stock.
ORIX Trading Up 1.3 %
IX stock traded up $1.47 during midday trading on Monday, reaching $114.29. The company's stock had a trading volume of 55,120 shares, compared to its average volume of 19,151. The business's 50-day simple moving average is $110.57 and its 200-day simple moving average is $113.12. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 1.38. ORIX Co. has a 52 week low of $89.90 and a 52 week high of $125.84. The stock has a market cap of $26.54 billion, a PE ratio of 9.85, a price-to-earnings-growth ratio of 1.10 and a beta of 0.91.
Analysts Set New Price Targets
Separately, StockNews.com cut ORIX from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th.
Check Out Our Latest Research Report on ORIX
ORIX Profile
(
Free Report)
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.
Recommended Stories
Before you consider ORIX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ORIX wasn't on the list.
While ORIX currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
