BNP Paribas Financial Markets Has $337,000 Stock Position in ORIX Co. (NYSE:IX)

BNP Paribas Financial Markets reduced its position in shares of ORIX Co. (NYSE:IX) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,900 shares of the real estate investment trust’s stock after selling 101 shares during the period. BNP Paribas Financial Markets’ holdings in ORIX were worth $337,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Addison Advisors LLC bought a new stake in shares of ORIX during the 2nd quarter valued at about $29,000. CWM LLC raised its position in ORIX by 10.8% in the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 93 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in 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 worth $126,000 after purchasing an additional 668 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of 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 acquiring an additional 1,385 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of ORIX by 44.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock valued at $178,000 after purchasing an additional 473 shares during the last quarter. Institutional investors own 1.73% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Corp Orix sold 3,700,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now directly owns 2,976,077 shares of the company’s stock, valued at $224,336,684.26. This trade represents a 55.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.08% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

ORIX Stock Down 2.2 %

Shares of NYSE IX opened at $109.35 on Friday. The business has a 50-day simple moving average of $109.76 and a two-hundred day simple moving average of $113.41. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 1.38. ORIX Co. has a 52 week low of $90.57 and a 52 week high of $125.84. The company has a market cap of $25.39 billion, a P/E ratio of 9.43, a P/E/G ratio of 1.10 and a beta of 0.92.

ORIX 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.