Sei Investments Co. Grows Stock Position in ORIX Co. (NYSE:IX)

Sei Investments Co. boosted its position in ORIX Co. (NYSE:IX) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,673 shares of the real estate investment trust’s stock after buying an additional 1,200 shares during the period. Sei Investments Co.’s holdings in ORIX were worth $2,301,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IX. Teachers Retirement System of The State of Kentucky boosted its stake in shares of ORIX by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 175,640 shares of the real estate investment trust’s stock valued at $19,356,000 after buying an additional 30,400 shares in the last quarter. BTC Capital Management Inc. purchased a new stake in shares of ORIX during the 1st quarter worth $1,639,000. Callan Capital LLC acquired a new position in shares of ORIX during the 1st quarter worth $842,000. American Century Companies Inc. increased its holdings in shares of ORIX by 6.0% in the 2nd quarter. American Century Companies Inc. now owns 85,051 shares of the real estate investment trust’s stock valued at $9,466,000 after purchasing an additional 4,782 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake 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 valued at $2,656,000 after purchasing an additional 4,131 shares during the period. 1.73% of the stock is owned by institutional investors and hedge funds.

ORIX Stock Performance

NYSE IX opened at $115.86 on Friday. The business has a 50 day moving average price of $118.14 and a 200 day moving average price of $112.20. 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 company has a market capitalization of $26.90 billion, a P/E ratio of 11.28, a PEG ratio of 1.03 and a beta of 0.90. ORIX Co. has a 1-year low of $86.05 and a 1-year high of $125.84.

ORIX (NYSE:IX) last issued its quarterly earnings data on Monday, August 5th. The real estate investment trust reported $2.41 EPS for the quarter. The firm had revenue of $4.54 billion for the quarter. ORIX had a net margin of 13.01% and a return on equity of 9.29%. Sell-side analysts expect that ORIX Co. will post 11.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

ORIX Company Profile

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.