Whittier Trust Co. Acquires 633 Shares of ORIX Co. (NYSE:IX)

Whittier Trust Co. raised its holdings in shares of ORIX Co. (NYSE:IX) by 7.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,098 shares of the real estate investment trust’s stock after purchasing an additional 633 shares during the period. Whittier Trust Co.’s holdings in ORIX were worth $1,056,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. DGS Capital Management LLC lifted its stake in ORIX by 8.9% in the first quarter. DGS Capital Management LLC now owns 6,181 shares of the real estate investment trust’s stock worth $681,000 after acquiring an additional 503 shares during the period. Kathmere Capital Management LLC lifted its position in shares of ORIX by 3.1% in the 1st 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 during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of ORIX by 135.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 842 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 485 shares in the last quarter. Prosperity Consulting Group LLC purchased a new position in shares of ORIX during the first quarter valued at about $250,000. Finally, BNP Paribas Financial Markets increased its position in shares of ORIX by 26.7% during the first quarter. BNP Paribas Financial Markets now owns 3,801 shares of the real estate investment trust’s stock valued at $419,000 after buying an additional 801 shares during the period. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Wall Street Analyst Weigh In

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

ORIX Trading Down 1.0 %

NYSE IX opened at $107.11 on Wednesday. The stock’s 50 day moving average is $117.75 and its 200 day moving average is $112.40. The company has a quick ratio of 1.77, a current ratio of 1.81 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $24.87 billion, a PE ratio of 10.43, a P/E/G ratio of 0.95 and a beta of 0.90. ORIX Co. has a twelve month low of $86.05 and a twelve month high of $125.84.

ORIX (NYSE:IX) last announced its earnings results 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%. Research analysts forecast that ORIX Co. will post 11.23 earnings per share for the current fiscal year.

ORIX 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.