US Bancorp DE Cuts Stock Holdings in ORIX Co. (NYSE:IX)

US Bancorp DE lessened its position in ORIX Co. (NYSE:IX) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,034 shares of the real estate investment trust’s stock after selling 213 shares during the quarter. US Bancorp DE’s holdings in ORIX were worth $700,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IX. International Assets Investment Management LLC purchased a new stake in ORIX during the 3rd quarter valued at about $4,256,000. Teachers Retirement System of The State of Kentucky boosted its holdings in shares of ORIX by 20.9% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 175,640 shares of the real estate investment trust’s stock worth $19,356,000 after purchasing an additional 30,400 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of ORIX by 469.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 17,688 shares of the real estate investment trust’s stock valued at $2,053,000 after purchasing an additional 14,584 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of ORIX by 6.0% in the second quarter. American Century Companies Inc. now owns 85,051 shares of the real estate investment trust’s stock valued at $9,466,000 after purchasing an additional 4,782 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its position in ORIX by 20.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 23,956 shares of the real estate investment trust’s stock worth $2,656,000 after buying an additional 4,131 shares in the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th.

ORIX Trading Up 1.8 %

Shares of IX opened at $113.59 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.77 and a debt-to-equity ratio of 1.38. The firm has a 50-day moving average price of $114.33 and a 200 day moving average price of $112.57. ORIX Co. has a 12-month low of $86.79 and a 12-month high of $125.84. The firm has a market capitalization of $26.38 billion, a P/E ratio of 10.60, a P/E/G ratio of 0.90 and a beta of 0.91.

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.