ORIX Co. (NYSE:IX) Shares Acquired by Princeton Global Asset Management LLC

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Princeton Global Asset Management LLC lifted its holdings in shares of ORIX Co. (NYSE:IX) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,703 shares of the real estate investment trust’s stock after purchasing an additional 397 shares during the quarter. Princeton Global Asset Management LLC’s holdings in ORIX were worth $1,174,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Parametric Portfolio Associates LLC lifted its position in ORIX by 17.4% in the second quarter. Parametric Portfolio Associates LLC now owns 586,105 shares of the real estate investment trust’s stock valued at $43,888,000 after buying an additional 86,831 shares during the last quarter. Morgan Stanley raised its stake in shares of ORIX by 8.9% in the 2nd quarter. Morgan Stanley now owns 501,133 shares of the real estate investment trust’s stock valued at $37,525,000 after acquiring an additional 41,044 shares during the period. Aperio Group LLC lifted its holdings in shares of ORIX by 35.8% in the 2nd quarter. Aperio Group LLC now owns 370,063 shares of the real estate investment trust’s stock worth $27,710,000 after acquiring an additional 97,650 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of ORIX by 10.6% in the 2nd quarter. Northern Trust Corp now owns 297,068 shares of the real estate investment trust’s stock worth $22,245,000 after acquiring an additional 28,518 shares during the last quarter. Finally, Todd Asset Management LLC boosted its position in shares of ORIX by 1.4% during the 2nd quarter. Todd Asset Management LLC now owns 267,232 shares of the real estate investment trust’s stock worth $20,011,000 after purchasing an additional 3,800 shares during the period. 1.53% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on IX shares. ValuEngine downgraded shares of ORIX from a “hold” rating to a “sell” rating in a report on Tuesday, August 6th. Zacks Investment Research cut ORIX from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 30th.

Shares of IX stock traded down $0.07 on Tuesday, hitting $81.63. The stock had a trading volume of 28,319 shares, compared to its average volume of 42,620. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.55 and a quick ratio of 1.52. The firm has a market capitalization of $20.83 billion, a P/E ratio of 71.61, a P/E/G ratio of 0.94 and a beta of 1.00. ORIX Co. has a 1 year low of $67.00 and a 1 year high of $83.69. The company’s 50 day moving average price is $79.37 and its 200-day moving average price is $75.37.

ORIX Profile

ORIX Corporation provides diversified financial services primarily in Japan and the Americas. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses.

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Institutional Ownership by Quarter for ORIX (NYSE:IX)

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