ORIX Co. (NYSE:IX – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $117.09, but opened at $114.66. ORIX shares last traded at $114.49, with a volume of 2,506 shares.
Analyst Ratings Changes
Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.
Check Out Our Latest Analysis on ORIX
ORIX Trading Down 2.5 %
Hedge Funds Weigh In On ORIX
Large investors have recently bought and sold shares of the business. Addison Advisors LLC bought a new stake in ORIX during the 2nd quarter valued at $29,000. EverSource Wealth Advisors LLC raised its position 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 valued at $46,000 after purchasing an additional 140 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in ORIX during the 3rd quarter valued at $80,000. CWM LLC raised its position in shares of ORIX by 10.8% in the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 93 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of ORIX by 26.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,060 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 1.73% of the company’s stock.
ORIX Company 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.
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