PNC Financial Services Group Inc. grew its position in ORIX Co. (NYSE:IX) by 2,618.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 96,804 shares of the real estate investment trust’s stock after purchasing an additional 93,243 shares during the period. PNC Financial Services Group Inc.’s holdings in ORIX were worth $7,649,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Todd Asset Management LLC raised its stake in shares of ORIX by 0.6% in the second quarter. Todd Asset Management LLC now owns 284,796 shares of the real estate investment trust’s stock valued at $22,502,000 after acquiring an additional 1,572 shares during the period. Aperio Group LLC grew its holdings in shares of ORIX by 6.3% in the second quarter. Aperio Group LLC now owns 283,829 shares of the real estate investment trust’s stock worth $22,425,000 after purchasing an additional 16,703 shares during the last quarter. Northern Trust Corp grew its holdings in shares of ORIX by 4.5% in the first quarter. Northern Trust Corp now owns 268,062 shares of the real estate investment trust’s stock worth $24,088,000 after purchasing an additional 11,486 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of ORIX by 2.8% in the second quarter. Wells Fargo & Company MN now owns 201,600 shares of the real estate investment trust’s stock worth $15,929,000 after purchasing an additional 5,489 shares during the last quarter. Finally, Eagle Global Advisors LLC grew its holdings in shares of ORIX by 2.6% in the second quarter. Eagle Global Advisors LLC now owns 156,982 shares of the real estate investment trust’s stock worth $12,403,000 after purchasing an additional 3,942 shares during the last quarter. 2.01% of the stock is currently owned by institutional investors and hedge funds.

NYSE IX opened at $77.54 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.47 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $19.90 billion, a PE ratio of 71.90, a P/E/G ratio of 0.95 and a beta of 1.42. ORIX Co. has a 12 month low of $77.11 and a 12 month high of $100.03.

ORIX (NYSE:IX) last posted its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $2.86 EPS for the quarter. The firm had revenue of $5.54 billion for the quarter. ORIX had a net margin of 11.35% and a return on equity of 10.98%. equities research analysts anticipate that ORIX Co. will post 11.44 earnings per share for the current year.

In other news, major shareholder Orix Hlhz Holding Llc sold 44,712 shares of the company’s stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $49.02, for a total value of $2,191,782.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Separately, Zacks Investment Research cut shares of ORIX from a “hold” rating to a “sell” rating in a report on Tuesday, May 15th.

ORIX Company 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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