Cerity Partners LLC Increases Position in ORIX Co. (NYSE:IX)

Cerity Partners LLC grew its holdings in ORIX Co. (NYSE:IX) by 47.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,370 shares of the real estate investment trust’s stock after purchasing an additional 6,513 shares during the quarter. Cerity Partners LLC’s holdings in ORIX were worth $2,364,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. QRG Capital Management Inc. raised its position in shares of ORIX by 1.7% during the 2nd quarter. QRG Capital Management Inc. now owns 52,757 shares of the real estate investment trust’s stock valued at $5,872,000 after buying an additional 858 shares during the period. Blue Trust Inc. raised its position in ORIX by 635.3% in the second quarter. Blue Trust Inc. now owns 1,603 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 1,385 shares during the period. Fifth Third Bancorp raised its position in ORIX by 8.9% in the second quarter. Fifth Third Bancorp now owns 10,095 shares of the real estate investment trust’s stock valued at $1,124,000 after purchasing an additional 821 shares during the period. International Assets Investment Management LLC acquired a new position in shares of ORIX in the 3rd quarter valued at $4,256,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of ORIX by 469.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,688 shares of the real estate investment trust’s stock worth $2,053,000 after purchasing an additional 14,584 shares during the period. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

ORIX Stock Up 4.5 %

NYSE:IX opened at $112.82 on Monday. ORIX Co. has a 52 week low of $89.90 and a 52 week high of $125.84. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 1.38. The stock’s fifty day moving average is $110.68 and its two-hundred day moving average is $113.08. The stock has a market capitalization of $26.20 billion, a price-to-earnings ratio of 9.73, a price-to-earnings-growth ratio of 1.10 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.