Allspring Global Investments Holdings LLC grew its position in shares of ORIX Co. (NYSE:IX – Free Report) by 469.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,688 shares of the real estate investment trust’s stock after buying an additional 14,584 shares during the period. Allspring Global Investments Holdings LLC’s holdings in ORIX were worth $2,053,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Addison Advisors LLC bought a new stake in ORIX during the 2nd quarter valued at $29,000. EverSource Wealth Advisors LLC grew its position in shares of ORIX by 44.7% in the first quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 140 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of ORIX by 573.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 465 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 396 shares during the period. CWM LLC lifted its holdings in ORIX by 10.8% during the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 93 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in ORIX by 26.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 220 shares during the period. Institutional investors own 1.73% of the company’s stock.
ORIX Stock Performance
NYSE IX opened at $106.82 on Wednesday. The company’s 50 day simple moving average is $116.55 and its two-hundred day simple moving average is $112.37. The stock has a market capitalization of $24.80 billion, a PE ratio of 10.40, a P/E/G ratio of 0.91 and a beta of 0.90. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.81 and a quick ratio of 1.77. ORIX Co. has a 1 year low of $86.05 and a 1 year high of $125.84.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a research report on Wednesday, August 7th.
Read Our Latest Report on ORIX
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.
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