ORIX Co. (NYSE:IX) Stock Position Lowered by Ativo Capital Management LLC

Ativo Capital Management LLC lessened its position in ORIX Co. (NYSE:IX) by 1.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,629 shares of the real estate investment trust’s stock after selling 200 shares during the quarter. Ativo Capital Management LLC’s holdings in ORIX were worth $1,235,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IX. Wilmington Savings Fund Society FSB purchased a new stake in shares of ORIX in the 3rd quarter valued at approximately $80,000. SG Americas Securities LLC acquired a new position in ORIX in the 4th quarter valued at approximately $123,000. PDS Planning Inc increased its stake in ORIX by 7.0% in the 3rd quarter. PDS Planning Inc now owns 2,229 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 146 shares during the period. Captrust Financial Advisors increased its stake in ORIX by 8.9% in the 3rd quarter. Captrust Financial Advisors now owns 2,315 shares of the real estate investment trust’s stock valued at $269,000 after buying an additional 189 shares during the period. Finally, Glenmede Trust Co. NA increased its stake in ORIX by 6.3% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,804 shares of the real estate investment trust’s stock valued at $325,000 after buying an additional 165 shares during the period. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Insider Transactions at ORIX

In related news, major shareholder Corp Orix sold 3,700,000 shares of the firm’s stock in a transaction 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 transaction, 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 transaction was disclosed in a filing with the SEC, which is available through this link. 0.08% of the stock is currently owned by company insiders.

ORIX Stock Performance

Shares of IX opened at $99.99 on Friday. The company’s fifty day moving average is $105.05 and its 200-day moving average is $110.88. ORIX Co. has a 12 month low of $90.57 and a 12 month high of $125.84. The firm has a market cap of $24.30 billion, a price-to-earnings ratio of 8.69, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.38.

ORIX (NYSE:IX) last announced its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $2.56 EPS for the quarter, topping the consensus estimate of $2.50 by $0.06. ORIX had a net margin of 13.66% and a return on equity of 9.73%. Equities analysts expect that ORIX Co. will post 11.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of ORIX from a “buy” rating to a “hold” rating in a research note on Friday.

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.