ORIX Co. (NYSE:IX) Holdings Raised by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its stake in ORIX Co. (NYSE:IX) by 38.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,353 shares of the real estate investment trust’s stock after purchasing an additional 3,170 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in ORIX were worth $1,206,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in ORIX by 39.2% during the 4th quarter. JPMorgan Chase & Co. now owns 10,233 shares of the real estate investment trust’s stock valued at $1,087,000 after purchasing an additional 2,880 shares during the period. LPL Financial LLC grew its holdings in shares of ORIX by 48.7% during the fourth quarter. LPL Financial LLC now owns 2,648 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 867 shares in the last quarter. Sei Investments Co. raised its position in ORIX by 1.6% during the fourth quarter. Sei Investments Co. now owns 22,715 shares of the real estate investment trust’s stock valued at $2,413,000 after buying an additional 367 shares during the period. American Century Companies Inc. raised its position in ORIX by 1.3% during the fourth quarter. American Century Companies Inc. now owns 85,114 shares of the real estate investment trust’s stock valued at $9,042,000 after buying an additional 1,064 shares during the period. Finally, Summit Global Investments purchased a new stake in ORIX in the 4th quarter worth about $1,067,000. Institutional investors and hedge funds own 1.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded ORIX from a “hold” rating to a “buy” rating in a report on Saturday, March 1st.

ORIX Stock Down 7.1 %

IX stock opened at $18.87 on Friday. The company has a 50 day moving average of $20.94 and a two-hundred day moving average of $21.57. The company has a market cap of $21.51 billion, a price-to-earnings ratio of 1.64, a PEG ratio of 0.97 and a beta of 0.94. ORIX Co. has a 12-month low of $18.11 and a 12-month high of $25.17. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.38.

ORIX (NYSE:IX) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.01. ORIX had a return on equity of 9.73% and a net margin of 13.66%. On average, equities analysts anticipate that ORIX Co. will post 11.31 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.