Advisors Asset Management Inc. Has $175,000 Stock Position in ORIX Co. (NYSE:IX)

Advisors Asset Management Inc. decreased its stake in shares of ORIX Co. (NYSE:IXGet Rating) by 21.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,085 shares of the real estate investment trust’s stock after selling 556 shares during the period. Advisors Asset Management Inc.’s holdings in ORIX were worth $175,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IX. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in ORIX during the 1st quarter worth approximately $60,000. Captrust Financial Advisors boosted its position in ORIX by 80.7% during the 1st quarter. Captrust Financial Advisors now owns 833 shares of the real estate investment trust’s stock worth $83,000 after acquiring an additional 372 shares during the last quarter. New York State Common Retirement Fund boosted its position in ORIX by 250.5% during the 1st quarter. New York State Common Retirement Fund now owns 1,437 shares of the real estate investment trust’s stock worth $143,000 after acquiring an additional 1,027 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in ORIX during the 1st quarter worth approximately $208,000. Finally, Intersect Capital LLC acquired a new position in ORIX during the 1st quarter worth approximately $214,000. Institutional investors and hedge funds own 1.94% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded ORIX from a “buy” rating to a “hold” rating in a research report on Monday.

ORIX Trading Up 0.6 %

NYSE IX opened at $76.44 on Tuesday. The company has a market cap of $18.41 billion, a PE ratio of 7.78, a PEG ratio of 0.39 and a beta of 0.89. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 1.43. ORIX Co. has a 12 month low of $68.78 and a 12 month high of $112.91. The stock has a 50 day moving average of $73.78 and a 200-day moving average of $81.71.

ORIX Profile

(Get Rating)

ORIX Corporation provides diversified financial services in Japan, the Americas, Asia, Europe, Australasia, the Middle East, and internationally. 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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Institutional Ownership by Quarter for ORIX (NYSE:IX)

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