Eagle Global Advisors LLC reduced its holdings in shares of ORIX Co. (NYSE:IX) by 0.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 145,637 shares of the real estate investment trust’s stock after selling 468 shares during the quarter. Eagle Global Advisors LLC’s holdings in ORIX were worth $10,467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Advisors Inc. boosted its stake in ORIX by 50.7% in the 3rd quarter. Cornerstone Advisors Inc. now owns 428 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 144 shares during the period. Financial Gravity Companies Inc. bought a new stake in ORIX in the 4th quarter valued at $37,000. FNY Investment Advisers LLC bought a new stake in ORIX in the 4th quarter valued at $71,000. Advisors Asset Management Inc. boosted its stake in ORIX by 60.2% in the 4th quarter. Advisors Asset Management Inc. now owns 1,195 shares of the real estate investment trust’s stock valued at $86,000 after purchasing an additional 449 shares during the period. Finally, Csenge Advisory Group bought a new stake in ORIX in the 3rd quarter valued at $102,000. Institutional investors own 1.96% of the company’s stock.

Shares of ORIX stock traded down $1.92 during trading on Monday, reaching $70.13. 29,093 shares of the company’s stock were exchanged, compared to its average volume of 59,030. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.42 and a current ratio of 1.45. ORIX Co. has a 1-year low of $67.00 and a 1-year high of $92.52. The stock has a market capitalization of $18.47 billion, a P/E ratio of 63.85, a price-to-earnings-growth ratio of 0.79 and a beta of 1.10.

ORIX (NYSE:IX) last posted its quarterly earnings results on Monday, January 28th. The real estate investment trust reported $2.81 EPS for the quarter, missing analysts’ consensus estimates of $2.98 by ($0.17). ORIX had a return on equity of 10.26% and a net margin of 11.86%. The business had revenue of $4.74 billion for the quarter. On average, research analysts forecast that ORIX Co. will post 11.61 earnings per share for the current year.

Separately, Zacks Investment Research downgraded ORIX from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd.

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ORIX Profile

ORIX Corporation provides diversified financial services primarily in Japan and the Americas. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses.

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Institutional Ownership by Quarter for ORIX (NYSE:IX)

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