Boston Common Asset Management LLC Sells 3,445 Shares of ORIX Co. (NYSE:IX)

Boston Common Asset Management LLC lessened its position in shares of ORIX Co. (NYSE:IX) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,074 shares of the real estate investment trust’s stock after selling 3,445 shares during the period. Boston Common Asset Management LLC’s holdings in ORIX were worth $4,788,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of ORIX by 9.9% during the 3rd quarter. FMR LLC now owns 647,689 shares of the real estate investment trust’s stock worth $75,164,000 after buying an additional 58,178 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its stake in shares of ORIX by 12.5% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 197,640 shares of the real estate investment trust’s stock worth $21,997,000 after buying an additional 22,000 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of ORIX by 6.0% during the 2nd quarter. American Century Companies Inc. now owns 85,051 shares of the real estate investment trust’s stock worth $9,466,000 after buying an additional 4,782 shares during the last quarter. QRG Capital Management Inc. boosted its stake in shares of ORIX by 1.3% during the 3rd quarter. QRG Capital Management Inc. now owns 53,429 shares of the real estate investment trust’s stock worth $6,200,000 after buying an additional 672 shares during the last quarter. Finally, Natixis Advisors LLC boosted its stake 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 buying an additional 993 shares during the last quarter. Institutional investors own 1.73% of the company’s stock.

ORIX Trading Up 0.9 %

Shares of NYSE:IX opened at $103.65 on Friday. ORIX Co. has a 52-week low of $90.57 and a 52-week high of $125.84. The company has a market capitalization of $24.07 billion, a P/E ratio of 8.93, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. The company has a 50-day simple moving average of $107.76 and a 200 day simple moving average of $112.67. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.37 and a current ratio of 1.40.

Analyst Ratings Changes

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

Insider Activity at ORIX

In related news, major shareholder Corp Orix sold 3,700,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $75.38, for a total value of $278,906,000.00. Following the completion of the sale, the insider now directly owns 2,976,077 shares in the company, valued at approximately $224,336,684.26. This trade represents a 55.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.08% of the stock is currently owned by company insiders.

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.