Assetmark Inc. Has $1.62 Million Holdings in ORIX Co. (NYSE:IX)

Assetmark Inc. grew its stake in ORIX Co. (NYSE:IX) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,332 shares of the real estate investment trust’s stock after buying an additional 367 shares during the quarter. Assetmark Inc.’s holdings in ORIX were worth $1,619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BKM Wealth Management LLC bought a new stake in shares of ORIX in the fourth quarter worth $25,000. Bruce G. Allen Investments LLC bought a new stake in shares of ORIX in the fourth quarter worth $29,000. Blue Trust Inc. lifted its position in shares of ORIX by 107.8% in the fourth quarter. Blue Trust Inc. now owns 613 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 318 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of ORIX in the fourth quarter worth $63,000. Finally, Knights of Columbus Asset Advisors LLC bought a new stake in shares of ORIX in the fourth quarter worth $184,000. Institutional investors and hedge funds own 1.73% of the company’s stock.

ORIX Stock Performance

NYSE IX opened at $106.68 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.75 and a debt-to-equity ratio of 1.40. The firm’s fifty day moving average price is $106.44 and its two-hundred day moving average price is $99.90. ORIX Co. has a 1 year low of $83.56 and a 1 year high of $113.43. The firm has a market capitalization of $24.77 billion, a P/E ratio of 10.39 and a beta of 0.87.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of ORIX from a “hold” rating to a “buy” rating in a research report on Thursday, May 16th.

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.