ORIX Co. (NYSE:IX) Shares Sold by Pathstone Holdings LLC

Pathstone Holdings LLC cut its stake in shares of ORIX Co. (NYSE:IX) by 2.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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.

A number of other large investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. increased its position in shares of ORIX by 22.3% in the 1st quarter. Advisors Asset Management Inc. now owns 5,611 shares of the real estate investment trust’s stock valued at $618,000 after purchasing an additional 1,022 shares during the last quarter. Ascent Group LLC purchased a new position in ORIX in the first quarter valued at $212,000. Teachers Retirement System of The State of Kentucky raised its stake in ORIX by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 175,640 shares of the real estate investment trust’s stock valued at $19,356,000 after buying an additional 30,400 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in ORIX by 44.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 140 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of ORIX by 26.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 220 shares in the last quarter. 1.73% 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 research report on Wednesday, November 20th.

ORIX Stock Down 0.2 %

Shares of NYSE:IX opened at $107.62 on Monday. 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 twelve month low of $89.90 and a twelve month high of $125.84. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $24.99 billion, a PE ratio of 9.28, a P/E/G ratio of 1.05 and a beta of 0.91.

About ORIX

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.