Boston Common Asset Management LLC Has $5.91 Million Stake in ORIX Co. (NYSE:IX)

Boston Common Asset Management LLC raised its stake in shares of ORIX Co. (NYSE:IX - Free Report) by 528.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 283,088 shares of the real estate investment trust's stock after buying an additional 238,014 shares during the period. Boston Common Asset Management LLC's holdings in ORIX were worth $5,914,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of ORIX during the 4th quarter valued at $123,000. Smartleaf Asset Management LLC boosted its stake in shares of ORIX by 282.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 941 shares during the period. Aquatic Capital Management LLC boosted its stake in shares of ORIX by 1,310.0% during the 4th quarter. Aquatic Capital Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $150,000 after buying an additional 1,310 shares during the period. Gitterman Wealth Management LLC boosted its stake in shares of ORIX by 9.2% during the 4th quarter. Gitterman Wealth Management LLC now owns 1,927 shares of the real estate investment trust's stock valued at $205,000 after buying an additional 162 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of ORIX during the 4th quarter valued at $215,000. Institutional investors and hedge funds own 1.73% of the company's stock.

ORIX Stock Up 0.4%

Shares of IX stock traded up $0.08 on Friday, hitting $21.26. The company's stock had a trading volume of 97,384 shares, compared to its average volume of 165,219. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.77 and a quick ratio of 1.73. ORIX Co. has a fifty-two week low of $17.75 and a fifty-two week high of $25.17. The firm's fifty day moving average price is $20.09 and its 200-day moving average price is $20.86. The stock has a market capitalization of $24.23 billion, a price-to-earnings ratio of 1.85, a P/E/G ratio of 0.97 and a beta of 0.88.

ORIX (NYSE:IX - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.20). ORIX had a net margin of 13.66% and a return on equity of 9.73%. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $5.17 billion. Research analysts anticipate that ORIX Co. will post 11.31 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of ORIX from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th.

About ORIX

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.