Quantinno Capital Management LP grew its stake in shares of ORIX Co. (NYSE:IX - Free Report) by 20.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,200 shares of the real estate investment trust's stock after acquiring an additional 5,868 shares during the quarter. Quantinno Capital Management LP's holdings in ORIX were worth $4,085,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Addison Advisors LLC acquired a new stake in ORIX during the 2nd quarter worth approximately $29,000. CWM LLC lifted its holdings in shares of ORIX by 10.8% during 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. Whittier Trust Co. of Nevada Inc. increased its holdings in 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 purchasing an additional 668 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of ORIX by 44.6% during the third quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust's stock worth $178,000 after purchasing an additional 473 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake 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 in the last quarter. 1.73% of the stock is currently owned by hedge funds and other institutional investors.
ORIX Stock Down 0.5 %
Shares of IX traded down $0.51 during mid-day trading on Monday, reaching $112.49. 30,666 shares of the stock traded hands, compared to its average volume of 19,500. The stock has a fifty day simple moving average of $110.17 and a 200 day simple moving average of $113.29. ORIX Co. has a 12-month low of $89.90 and a 12-month high of $125.84. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 1.38. The firm has a market cap of $26.12 billion, a price-to-earnings ratio of 9.76, a P/E/G ratio of 1.10 and a beta of 0.92.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded ORIX from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th.
Read Our Latest Stock Analysis on IX
ORIX Company 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.
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