ORIX Co. (NYSE:IX) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. increased its holdings in shares of ORIX Co. (NYSE:IX) by 50.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,655 shares of the real estate investment trust’s stock after acquiring an additional 4,557 shares during the quarter. Whittier Trust Co.’s holdings in ORIX were worth $1,451,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in shares of ORIX during the 3rd quarter worth $80,000. SG Americas Securities LLC acquired a new stake in ORIX during the fourth quarter worth about $123,000. Smartleaf Asset Management LLC raised its stake in ORIX by 282.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 941 shares during the period. Gitterman Wealth Management LLC grew its stake in shares of ORIX by 9.2% in 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 worth approximately $215,000. Hedge funds and other institutional investors own 1.73% of the company’s stock.

ORIX Stock Performance

Shares of ORIX stock opened at $21.65 on Friday. The firm has a market cap of $24.67 billion, a PE ratio of 1.88, a price-to-earnings-growth ratio of 0.97 and a beta of 0.94. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.38. ORIX Co. has a 52 week low of $18.11 and a 52 week high of $25.17. The business’s fifty day simple moving average is $20.90 and its 200-day simple moving average is $21.80.

ORIX (NYSE:IX) last posted its earnings results on Monday, February 10th. The real estate investment trust reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. ORIX had a net margin of 13.66% and a return on equity of 9.73%. Equities analysts forecast that ORIX Co. will post 11.31 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded ORIX from a “hold” rating to a “buy” rating in a report on Saturday, March 1st.

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.