Wilmington Savings Fund Society FSB Invests $80,000 in ORIX Co. (NYSE:IX)

Wilmington Savings Fund Society FSB acquired a new stake in shares of ORIX Co. (NYSE:IX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 687 shares of the real estate investment trust’s stock, valued at approximately $80,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IX. Addison Advisors LLC acquired a new position in ORIX during the 2nd quarter valued at approximately $29,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of ORIX by 143.7% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,133 shares of the real estate investment trust’s stock valued at $126,000 after acquiring an additional 668 shares during the period. GAMMA Investing LLC raised its stake in ORIX by 44.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock worth $178,000 after acquiring an additional 473 shares during the last quarter. Truist Financial Corp lifted its position in ORIX by 4.7% during the 2nd quarter. Truist Financial Corp now owns 1,915 shares of the real estate investment trust’s stock worth $213,000 after acquiring an additional 86 shares during the period. Finally, Ballentine Partners LLC purchased a new stake in ORIX during the 2nd quarter valued at about $225,000. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Insider Buying and Selling at ORIX

In other news, major shareholder Corp Orix sold 3,700,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the transaction, the insider now directly owns 2,976,077 shares in the company, valued at $224,336,684.26. The trade was a 55.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

ORIX Trading Up 0.5 %

Shares of ORIX stock opened at $105.80 on Friday. ORIX Co. has a fifty-two week low of $90.57 and a fifty-two week high of $125.84. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.37 and a current ratio of 1.40. The company has a market cap of $24.57 billion, a P/E ratio of 9.12, a price-to-earnings-growth ratio of 1.10 and a beta of 0.92. The firm has a 50-day simple moving average of $109.14 and a two-hundred day simple moving average of $113.30.

ORIX Company 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.