ORIX Co. (NYSE:IX) Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its holdings in ORIX Co. (NYSE:IX) by 11.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,146 shares of the real estate investment trust’s stock after acquiring an additional 1,818 shares during the quarter. Ritholtz Wealth Management’s holdings in ORIX were worth $2,106,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. increased its holdings in shares of ORIX by 1.7% during the second quarter. QRG Capital Management Inc. now owns 52,757 shares of the real estate investment trust’s stock valued at $5,872,000 after purchasing an additional 858 shares during the period. Allspring Global Investments Holdings LLC raised its position 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 worth $93,000 after buying an additional 485 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of ORIX by 635.3% in the 2nd quarter. Blue Trust Inc. now owns 1,603 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 1,385 shares during the period. Fifth Third Bancorp increased its stake in shares of ORIX by 8.9% during the second quarter. Fifth Third Bancorp now owns 10,095 shares of the real estate investment trust’s stock valued at $1,124,000 after acquiring an additional 821 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its stake in shares of ORIX by 20.9% during 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 acquiring an additional 30,400 shares during the period. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

ORIX Trading Up 0.6 %

Shares of NYSE:IX opened at $112.17 on Friday. ORIX Co. has a 12-month low of $86.05 and a 12-month high of $125.84. 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 $26.05 billion, a P/E ratio of 10.92, a price-to-earnings-growth ratio of 0.95 and a beta of 0.90. The firm has a fifty day moving average of $117.95 and a two-hundred day moving average of $112.24.

ORIX (NYSE:IX) last issued its quarterly earnings data on Monday, August 5th. The real estate investment trust reported $2.41 earnings per share 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%. On average, equities analysts expect that ORIX Co. will post 11.23 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.