Crossmark Global Holdings Inc. Buys 9,839 Shares of ORIX Co. (NYSE:IX)

Crossmark Global Holdings Inc. lifted its stake in ORIX Co. (NYSE:IX) by 52.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,722 shares of the real estate investment trust’s stock after buying an additional 9,839 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in ORIX were worth $3,334,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Addison Advisors LLC bought a new stake in ORIX during the 2nd quarter valued at $29,000. EverSource Wealth Advisors LLC grew its stake 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. Allspring Global Investments Holdings LLC grew its stake in ORIX by 135.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 842 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 485 shares during the last quarter. CWM LLC grew its stake in ORIX by 10.8% during the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 93 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of ORIX by 26.2% in the second quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 220 shares during the last quarter. Institutional investors own 1.73% of the company’s stock.

ORIX Trading Down 2.3 %

IX opened at $110.94 on Tuesday. ORIX Co. has a 52 week low of $87.87 and a 52 week high of $125.84. The business has a fifty day simple moving average of $114.33 and a 200-day simple moving average of $112.69. The firm has a market cap of $25.76 billion, a P/E ratio of 9.56, a P/E/G ratio of 0.94 and a beta of 0.91. The company has a quick ratio of 1.77, a current ratio of 1.81 and a debt-to-equity ratio of 1.38.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th.

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.