Whittier Trust Co. of Nevada Inc. Acquires 305 Shares of ORIX Co. (NYSE:IX)

Whittier Trust Co. of Nevada Inc. lifted its stake in ORIX Co. (NYSE:IX) by 26.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,438 shares of the real estate investment trust’s stock after purchasing an additional 305 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in ORIX were worth $167,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in IX. Truist Financial Corp boosted its position in ORIX by 4.7% in the 2nd quarter. Truist Financial Corp now owns 1,915 shares of the real estate investment trust’s stock valued at $213,000 after buying an additional 86 shares during the period. CWM LLC boosted its holdings in shares of ORIX by 10.8% in the second quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 93 shares during the period. Kathmere Capital Management LLC grew its stake in ORIX by 3.1% in the first quarter. Kathmere Capital Management LLC now owns 4,244 shares of the real estate investment trust’s stock worth $468,000 after purchasing an additional 126 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in ORIX by 44.7% during the 1st 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 period. Finally, Aaron Wealth Advisors LLC raised its position in ORIX by 5.2% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 3,660 shares of the real estate investment trust’s stock valued at $407,000 after purchasing an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 1.73% of the company’s stock.

ORIX Trading Down 1.6 %

NYSE:IX opened at $105.35 on Thursday. The firm has a 50-day simple moving average of $117.53 and a 200-day simple moving average of $112.35. ORIX Co. has a one year low of $86.05 and a one year high of $125.84. The firm has a market cap of $24.46 billion, a P/E ratio of 10.26, a P/E/G ratio of 0.95 and a beta of 0.90. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.77 and a current ratio of 1.81.

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 company had revenue of $4.54 billion during the quarter. ORIX had a net margin of 13.01% and a return on equity of 9.29%. Equities analysts anticipate that ORIX Co. will post 11.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded ORIX from a “buy” rating to a “hold” rating in a research 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.