Pathstone Holdings LLC Decreases Stake in ORIX Co. (NYSE:IX)

Pathstone Holdings LLC cut its holdings in shares of ORIX Co. (NYSE:IX) by 2.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,603 shares of the real estate investment trust’s stock after selling 632 shares during the quarter. Pathstone Holdings LLC’s holdings in ORIX were worth $3,203,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Natixis Advisors LLC boosted its holdings in shares of ORIX by 2.6% during the 3rd quarter. Natixis Advisors LLC now owns 39,530 shares of the real estate investment trust’s stock worth $4,587,000 after purchasing an additional 993 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in ORIX by 52.1% during the third quarter. Crossmark Global Holdings Inc. now owns 28,722 shares of the real estate investment trust’s stock worth $3,334,000 after buying an additional 9,839 shares in the last quarter. PDS Planning Inc boosted its stake in ORIX by 7.0% during the third quarter. PDS Planning Inc now owns 2,229 shares of the real estate investment trust’s stock worth $259,000 after buying an additional 146 shares during the last quarter. QRG Capital Management Inc. grew its holdings in ORIX by 1.3% in the 3rd quarter. QRG Capital Management Inc. now owns 53,429 shares of the real estate investment trust’s stock valued at $6,200,000 after buying an additional 672 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of ORIX in the 3rd quarter worth $4,256,000. Hedge funds and other institutional investors own 1.73% of the company’s stock.

ORIX Stock Performance

ORIX stock opened at $107.62 on Monday. The stock has a market cap of $24.99 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 1.05 and a beta of 0.91. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.40 and a quick ratio of 1.37. The firm has a 50 day simple moving average of $111.76 and a 200-day simple moving average of $113.05. ORIX Co. has a 1-year low of $89.90 and a 1-year high of $125.84.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

ORIX Company 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.