Natixis Advisors LLC Boosts Stake in ORIX Co. (NYSE:IX)

Natixis Advisors LLC increased its position in shares of ORIX Co. (NYSE:IX) by 2.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 39,530 shares of the real estate investment trust’s stock after acquiring an additional 993 shares during the quarter. Natixis Advisors LLC’s holdings in ORIX were worth $4,587,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Addison Advisors LLC acquired a new stake in ORIX during the second quarter worth about $29,000. EverSource Wealth Advisors LLC increased its position in shares of ORIX by 44.7% during the first quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 140 shares during the last quarter. CWM LLC increased its position in shares of ORIX by 10.8% during the second quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock valued at $106,000 after acquiring an additional 93 shares during the last quarter. GAMMA Investing LLC increased its position in shares of ORIX by 26.2% during the second quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 220 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of ORIX by 143.7% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,133 shares of the real estate investment trust’s stock valued at $126,000 after acquiring an additional 668 shares during the last quarter. 1.73% of the stock is currently owned by institutional investors and hedge funds.

ORIX Trading Down 0.2 %

Shares of IX stock opened at $107.59 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.37 and a current ratio of 1.40. The stock has a market capitalization of $24.98 billion, a P/E ratio of 9.28, a price-to-earnings-growth ratio of 1.06 and a beta of 0.91. The company has a 50 day moving average price of $111.76 and a 200 day moving average price of $112.94. ORIX Co. has a fifty-two week low of $89.90 and a fifty-two week high of $125.84.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of ORIX from a “buy” rating to a “hold” rating in a research report on Wednesday.

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.