Knights of Columbus Asset Advisors LLC Purchases New Shares in ORIX Co. (NYSE:IX)

Knights of Columbus Asset Advisors LLC acquired a new stake in ORIX Co. (NYSE:IX) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,970 shares of the real estate investment trust’s stock, valued at approximately $184,000.

Other large investors have also recently added to or reduced their stakes in the company. AlphaQ Advisors LLC increased its holdings in shares of ORIX by 17.6% during the fourth quarter. AlphaQ Advisors LLC now owns 4,034 shares of the real estate investment trust’s stock worth $377,000 after purchasing an additional 603 shares during the period. Cerity Partners LLC increased its stake in ORIX by 14.8% in the fourth quarter. Cerity Partners LLC now owns 12,071 shares of the real estate investment trust’s stock valued at $1,127,000 after acquiring an additional 1,558 shares during the last quarter. Aaron Wealth Advisors LLC boosted its holdings in shares of ORIX by 5.5% in the 4th quarter. Aaron Wealth Advisors LLC now owns 2,475 shares of the real estate investment trust’s stock valued at $231,000 after purchasing an additional 129 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of ORIX by 6.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 4,295 shares of the real estate investment trust’s stock valued at $401,000 after purchasing an additional 250 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in ORIX during the fourth quarter worth about $2,721,000. Institutional investors own 1.73% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of ORIX from a “buy” rating to a “hold” rating in a research note on Monday, March 25th.

ORIX Stock Performance

NYSE IX opened at $101.44 on Monday. The firm’s fifty day moving average price is $105.78 and its two-hundred day moving average price is $97.27. The stock has a market cap of $23.55 billion, a PE ratio of 11.86, a PEG ratio of 0.70 and a beta of 0.85. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.75 and a current ratio of 1.79. ORIX Co. has a fifty-two week low of $82.67 and a fifty-two week high of $113.43.

ORIX (NYSE:IX) last issued its quarterly earnings data on Wednesday, February 7th. The real estate investment trust reported $2.66 earnings per share for the quarter. ORIX had a return on equity of 7.60% and a net margin of 10.31%. The business had revenue of $4.59 billion for the quarter. On average, equities analysts expect that ORIX Co. will post 9.01 EPS for the current fiscal year.

ORIX Profile

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.