ORIX Co. (IX) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in ORIX Co. (NYSE:IX) by 13,726.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 12,029 shares of the real estate investment trust’s stock after buying an additional 11,942 shares during the period. JPMorgan Chase & Co.’s holdings in ORIX were worth $970,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Renaissance Group LLC raised its position in shares of ORIX by 3.6% in the 3rd quarter. Renaissance Group LLC now owns 199,937 shares of the real estate investment trust’s stock worth $16,183,000 after acquiring an additional 6,874 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of ORIX by 5.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 18,030 shares of the real estate investment trust’s stock worth $1,458,000 after acquiring an additional 931 shares in the last quarter. Sei Investments Co. raised its position in shares of ORIX by 28.8% in the 3rd quarter. Sei Investments Co. now owns 2,850 shares of the real estate investment trust’s stock worth $231,000 after acquiring an additional 637 shares in the last quarter. River Road Asset Management LLC bought a new position in shares of ORIX in the 3rd quarter worth about $235,000. Finally, Scout Investments Inc. raised its position in shares of ORIX by 6.9% in the 3rd quarter. Scout Investments Inc. now owns 44,420 shares of the real estate investment trust’s stock worth $3,595,000 after acquiring an additional 2,858 shares in the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research raised ORIX from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Friday, September 15th.

Shares of ORIX Co. (NYSE IX) opened at $96.10 on Friday. ORIX Co. has a 12-month low of $73.70 and a 12-month high of $96.30. The company has a market capitalization of $25,210.00, a PE ratio of 9.32, a P/E/G ratio of 1.05 and a beta of 1.49. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.50 and a quick ratio of 1.47.

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ORIX Company Profile

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Institutional Ownership by Quarter for ORIX (NYSE:IX)

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