Santa Barbara Asset Management LLC Acquires 12,396 Shares of ORIX Co. (IX)

Santa Barbara Asset Management LLC grew its holdings in ORIX Co. (NYSE:IX) by 36.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,996 shares of the real estate investment trust’s stock after purchasing an additional 12,396 shares during the period. Santa Barbara Asset Management LLC’s holdings in ORIX were worth $3,723,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Parametric Portfolio Associates LLC increased its holdings in ORIX by 6.0% during the second quarter. Parametric Portfolio Associates LLC now owns 349,462 shares of the real estate investment trust’s stock worth $27,234,000 after buying an additional 19,709 shares during the last quarter. Northern Trust Corp increased its holdings in ORIX by 1.7% during the second quarter. Northern Trust Corp now owns 255,634 shares of the real estate investment trust’s stock worth $19,921,000 after buying an additional 4,178 shares during the last quarter. Aperio Group LLC increased its holdings in ORIX by 8.1% during the third quarter. Aperio Group LLC now owns 221,282 shares of the real estate investment trust’s stock worth $17,911,000 after buying an additional 16,675 shares during the last quarter. Renaissance Group LLC increased its holdings in ORIX by 3.6% during the third quarter. Renaissance Group LLC now owns 199,937 shares of the real estate investment trust’s stock worth $16,183,000 after buying an additional 6,874 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in ORIX by 5.3% during the third quarter. Wells Fargo & Company MN now owns 190,771 shares of the real estate investment trust’s stock worth $15,440,000 after purchasing an additional 9,607 shares during the period. Institutional investors own 1.91% of the company’s stock.

ORIX Co. (IX) traded up $0.10 during mid-day trading on Wednesday, reaching $84.52. 9,800 shares of the company’s stock were exchanged, compared to its average volume of 31,506. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.47 and a current ratio of 1.50. ORIX Co. has a 1 year low of $73.70 and a 1 year high of $89.51. The company has a market capitalization of $21,633.47, a PE ratio of 81.96, a price-to-earnings-growth ratio of 1.00 and a beta of 1.46.

IX has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of ORIX from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th. BidaskClub cut shares of ORIX from a “sell” rating to a “strong sell” rating in a research report on Friday, August 25th.

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ORIX Profile

Institutional Ownership by Quarter for ORIX (NYSE:IX)

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