Eagle Global Advisors LLC Sells 2,775 Shares of ORIX Co. (IX)
Eagle Global Advisors LLC lowered its stake in shares of ORIX Co. (NYSE:IX) by 1.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,101 shares of the real estate investment trust’s stock after selling 2,775 shares during the period. Eagle Global Advisors LLC owned approximately 0.06% of ORIX worth $12,477,000 at the end of the most recent reporting period.
Separately, Greenleaf Trust increased its stake in ORIX by 83.4% in the second quarter. Greenleaf Trust now owns 7,050 shares of the real estate investment trust’s stock valued at $549,000 after buying an additional 3,205 shares during the last quarter. Institutional investors and hedge funds own 1.97% of the company’s stock.
Shares of ORIX Co. (IX) traded up 0.02% during midday trading on Friday, reaching $81.53. 40,579 shares of the company’s stock were exchanged. The stock has a market capitalization of $20.86 billion, a P/E ratio of 8.20 and a beta of 1.43. ORIX Co. has a 12-month low of $68.43 and a 12-month high of $84.07. The firm has a 50-day moving average of $79.98 and a 200-day moving average of $78.06.
Several equities research analysts have recently commented on IX shares. Zacks Investment Research downgraded shares of ORIX from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 23rd. TheStreet raised shares of ORIX from a “c+” rating to a “b” rating in a research report on Thursday, June 8th. Finally, BidaskClub downgraded shares of ORIX from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 16th.
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