Virtu Financial LLC acquired a new stake in ORIX Co. (NYSE:IX - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,452 shares of the real estate investment trust's stock, valued at approximately $1,097,000.
Other large investors have also made changes to their positions in the company. MML Investors Services LLC boosted its position in ORIX by 12.1% during the third quarter. MML Investors Services LLC now owns 3,298 shares of the real estate investment trust's stock worth $383,000 after acquiring an additional 355 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in shares of ORIX by 1.7% during the third quarter. Orion Portfolio Solutions LLC now owns 8,183 shares of the real estate investment trust's stock worth $950,000 after purchasing an additional 134 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of ORIX by 20.0% in the third quarter. Quantinno Capital Management LP now owns 35,200 shares of the real estate investment trust's stock valued at $4,085,000 after purchasing an additional 5,868 shares during the period. Captrust Financial Advisors increased its stake in ORIX by 8.9% in the third quarter. Captrust Financial Advisors now owns 2,315 shares of the real estate investment trust's stock valued at $269,000 after purchasing an additional 189 shares during the last quarter. Finally, Financial Counselors Inc. lifted its position in ORIX by 9.6% during the third quarter. Financial Counselors Inc. now owns 3,626 shares of the real estate investment trust's stock worth $421,000 after buying an additional 317 shares during the period. Institutional investors and hedge funds own 1.73% of the company's stock.
ORIX Trading Down 2.2 %
NYSE:IX traded down $2.41 during trading hours on Friday, reaching $109.35. 40,733 shares of the company were exchanged, compared to its average volume of 19,816. The firm has a market cap of $25.39 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 1.10 and a beta of 0.92. The stock has a 50 day simple moving average of $109.76 and a 200 day simple moving average of $113.37. ORIX Co. has a 52-week low of $90.57 and a 52-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.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of ORIX from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th.
Check Out Our Latest Report on ORIX
Insider Transactions at ORIX
In other ORIX news, major shareholder Corp Orix sold 3,700,000 shares of ORIX stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the transaction, the insider now directly owns 2,976,077 shares of the company's stock, valued at $224,336,684.26. The trade was a 55.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.08% of the company's stock.
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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