ORIX Co. (NYSE:IX) Short Interest Up 5.4% in May

ORIX Co. (NYSE:IX) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 92,100 shares, an increase of 5.4% from the May 15th total of 87,400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 15,100 shares, the short-interest ratio is presently 6.1 days.

ORIX Trading Up 0.5 %

Shares of ORIX stock opened at $108.05 on Thursday. The company has a fifty day simple moving average of $106.49 and a 200-day simple moving average of $102.25. ORIX has a 12-month low of $86.05 and a 12-month high of $113.43. 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 stock has a market cap of $25.09 billion, a price-to-earnings ratio of 10.52 and a beta of 0.90.

ORIX (NYSE:IX) last issued its quarterly earnings data on Wednesday, May 8th. The real estate investment trust reported $3.71 earnings per share (EPS) for the quarter. ORIX had a return on equity of 8.88% and a net margin of 12.25%. The company had revenue of $5.19 billion for the quarter. On average, equities analysts forecast that ORIX will post 10.58 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On ORIX

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IX. BKM Wealth Management LLC acquired a new stake in shares of ORIX during the fourth quarter worth about $25,000. Bruce G. Allen Investments LLC purchased a new stake in ORIX during the 4th quarter valued at approximately $29,000. Tower Research Capital LLC TRC increased its holdings in shares of ORIX by 94.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 410 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 199 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of ORIX by 44.7% during the first quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 140 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of ORIX by 573.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 465 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 396 shares during the last quarter. Hedge funds and other institutional investors own 1.73% of the company’s stock.

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.