Crossmark Global Holdings Inc. lifted its stake in ORIX Co. (NYSE:IX - Free Report) by 52.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,722 shares of the real estate investment trust's stock after buying an additional 9,839 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in ORIX were worth $3,334,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of IX. Addison Advisors LLC purchased a new position in shares of ORIX during the 2nd quarter valued at approximately $29,000. EverSource Wealth Advisors LLC lifted its holdings in shares of ORIX by 44.7% during the first quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 140 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of ORIX by 135.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 842 shares of the real estate investment trust's stock valued at $93,000 after buying an additional 485 shares in the last quarter. CWM LLC boosted its stake in ORIX by 10.8% in the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust's stock worth $106,000 after buying an additional 93 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake 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 valued at $118,000 after purchasing an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 1.73% of the company's stock.
ORIX Stock Down 0.5 %
IX stock traded down $0.56 during midday trading on Tuesday, hitting $110.38. 10,114 shares of the company's stock were exchanged, compared to its average volume of 17,479. The company has a current ratio of 1.81, a quick ratio of 1.77 and a debt-to-equity ratio of 1.38. ORIX Co. has a 12-month low of $87.87 and a 12-month high of $125.84. The firm has a 50 day moving average price of $114.05 and a 200-day moving average price of $112.75. The stock has a market capitalization of $25.63 billion, a price-to-earnings ratio of 9.56, a price-to-earnings-growth ratio of 0.94 and a beta of 0.91.
Analysts Set New Price Targets
Separately, StockNews.com downgraded ORIX from a "buy" rating to a "hold" rating in a report on Wednesday, August 7th.
View Our Latest Research Report on ORIX
About ORIX
(
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.
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