Callan Capital LLC Acquires 1,812 Shares of ORIX Co. (NYSE:IX)

Callan Capital LLC raised its stake in shares of ORIX Co. (NYSE:IX) by 23.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 9,455 shares of the real estate investment trust’s stock after acquiring an additional 1,812 shares during the period. Callan Capital LLC’s holdings in ORIX were worth $1,052,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of ORIX by 20.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 23,956 shares of the real estate investment trust’s stock worth $2,656,000 after buying an additional 4,131 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in ORIX by 0.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 37,902 shares of the real estate investment trust’s stock valued at $4,219,000 after purchasing an additional 190 shares during the period. Wambolt & Associates LLC grew its position in shares of ORIX by 3.4% during the 2nd quarter. Wambolt & Associates LLC now owns 20,473 shares of the real estate investment trust’s stock valued at $2,271,000 after purchasing an additional 673 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of ORIX by 6.0% in the second quarter. American Century Companies Inc. now owns 85,051 shares of the real estate investment trust’s stock worth $9,466,000 after purchasing an additional 4,782 shares during the period. Finally, Choreo LLC purchased a new stake in shares of ORIX in the second quarter worth $314,000. 1.73% of the stock is owned by hedge funds and other institutional investors.

ORIX Price Performance

Shares of ORIX stock opened at $120.74 on Friday. The stock has a market capitalization of $28.04 billion, a P/E ratio of 11.76, a price-to-earnings-growth ratio of 1.02 and a beta of 0.91. ORIX Co. has a one year low of $86.05 and a one year high of $125.84. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.81 and a quick ratio of 1.77. The business’s 50 day simple moving average is $117.99 and its two-hundred day simple moving average is $111.38.

ORIX (NYSE:IX) last posted its earnings results on Monday, August 5th. The real estate investment trust reported $2.41 earnings per share (EPS) for the quarter. ORIX had a return on equity of 9.29% and a net margin of 13.01%. The company had revenue of $4.54 billion for the quarter. Analysts forecast that ORIX Co. will post 11.23 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th.

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.