ORIX Co. (NYSE:IX) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. grew its position in shares of ORIX Co. (NYSE:IX) by 6.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,564 shares of the real estate investment trust’s stock after purchasing an additional 3,854 shares during the quarter. American Century Companies Inc.’s holdings in ORIX were worth $6,437,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IX. Raymond James & Associates increased its holdings in shares of ORIX by 64.3% during the 1st quarter. Raymond James & Associates now owns 7,572 shares of the real estate investment trust’s stock valued at $756,000 after purchasing an additional 2,964 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of ORIX by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 11,950 shares of the real estate investment trust’s stock valued at $1,193,000 after purchasing an additional 304 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of ORIX during the 1st quarter valued at approximately $60,000. Sei Investments Co. increased its holdings in ORIX by 45.3% in the 1st quarter. Sei Investments Co. now owns 6,198 shares of the real estate investment trust’s stock worth $619,000 after acquiring an additional 1,933 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new stake in ORIX in the 1st quarter worth $208,000. 1.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

ORIX Price Performance

Shares of NYSE IX opened at $110.45 on Wednesday. The firm has a market cap of $25.65 billion, a PE ratio of 12.92, a PEG ratio of 0.99 and a beta of 0.84. The firm has a fifty day moving average of $102.26 and a 200 day moving average of $95.99. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.75 and a current ratio of 1.79. ORIX Co. has a one year low of $81.05 and a one year high of $113.43.

ORIX (NYSE:IX) last issued its quarterly earnings results on Wednesday, February 7th. The real estate investment trust reported $2.66 EPS for the quarter. The company had revenue of $4.59 billion during the quarter. ORIX had a net margin of 10.31% and a return on equity of 7.60%. As a group, research analysts predict that ORIX Co. will post 8.52 EPS for the current fiscal year.

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.