Cerity Partners LLC boosted its stake in shares of ORIX Co. (NYSE:IX – Free Report) by 15.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,235 shares of the real estate investment trust’s stock after acquiring an additional 1,332 shares during the quarter. Cerity Partners LLC’s holdings in ORIX were worth $840,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. OLD Mission Capital LLC acquired a new stake in ORIX during the 4th quarter valued at $25,000. Financial Management Professionals Inc. lifted its position in ORIX by 744.2% during the 1st quarter. Financial Management Professionals Inc. now owns 439 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 387 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in ORIX by 57.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 663 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 242 shares during the last quarter. Ronald Blue Trust Inc. increased its position in ORIX by 116.7% in the 1st quarter. Ronald Blue Trust Inc. now owns 596 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 321 shares in the last quarter. Finally, CWM LLC raised its stake in shares of ORIX by 31.5% in the first quarter. CWM LLC now owns 643 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 154 shares during the last quarter. 1.73% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts have recently commented on the stock. StockNews.com assumed coverage on shares of ORIX in a research note on Thursday, August 17th. They set a “buy” rating on the stock. TheStreet lowered ORIX from a “b-” rating to a “c” rating in a research report on Wednesday, May 10th.
ORIX Stock Performance
Shares of NYSE:IX opened at $94.22 on Monday. The stock has a market capitalization of $22.27 billion, a P/E ratio of 11.11, a P/E/G ratio of 0.47 and a beta of 0.88. The company has a current ratio of 1.79, a quick ratio of 1.76 and a debt-to-equity ratio of 1.42. ORIX Co. has a 1-year low of $68.78 and a 1-year high of $97.17. The business has a 50-day moving average price of $91.59 and a two-hundred day moving average price of $88.02.
ORIX (NYSE:IX – Get Free Report) last announced its quarterly earnings data on Friday, August 4th. The real estate investment trust reported $1.96 earnings per share for the quarter. ORIX had a net margin of 10.18% and a return on equity of 7.88%. The business had revenue of $4.93 billion for the quarter. Equities analysts predict that ORIX Co. will post 10.24 earnings per share for the current year.
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.
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