Eagle Asset Management Inc. Lowers Stock Holdings in ORIX Co. (NYSE:IX)

Eagle Asset Management Inc. reduced its position in shares of ORIX Co. (NYSE:IXGet Rating) by 6.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,467 shares of the real estate investment trust’s stock after selling 423 shares during the period. Eagle Asset Management Inc.’s holdings in ORIX were worth $645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Gluskin Sheff & Assoc Inc. purchased a new position in shares of ORIX during the fourth quarter worth $10,691,000. Todd Asset Management LLC boosted its position in shares of ORIX by 24.4% during the first quarter. Todd Asset Management LLC now owns 293,044 shares of the real estate investment trust’s stock worth $29,230,000 after buying an additional 57,508 shares during the period. Northern Trust Corp boosted its holdings in ORIX by 0.9% in the fourth quarter. Northern Trust Corp now owns 137,248 shares of the real estate investment trust’s stock valued at $13,969,000 after purchasing an additional 1,157 shares during the period. Bank of America Corp DE boosted its holdings in ORIX by 22.6% in the fourth quarter. Bank of America Corp DE now owns 108,818 shares of the real estate investment trust’s stock valued at $11,076,000 after purchasing an additional 20,038 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in ORIX by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 89,652 shares of the real estate investment trust’s stock valued at $8,952,000 after purchasing an additional 2,213 shares during the period. 1.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered ORIX from a “buy” rating to a “hold” rating in a report on Monday, August 22nd.

ORIX Trading Down 0.2 %

NYSE:IX opened at $80.60 on Friday. The firm has a market cap of $19.41 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 0.40 and a beta of 0.86. The company has a current ratio of 1.72, a quick ratio of 1.70 and a debt-to-equity ratio of 1.39. The stock has a fifty day moving average price of $84.03 and a 200 day moving average price of $90.61. ORIX Co. has a 12-month low of $80.32 and a 12-month high of $112.91.

About ORIX

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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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