ORIX Co. (NYSE:IX) Shares Sold by DGS Capital Management LLC

DGS Capital Management LLC lessened its holdings in shares of ORIX Co. (NYSE:IX) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,894 shares of the real estate investment trust’s stock after selling 142 shares during the quarter. DGS Capital Management LLC’s holdings in ORIX were worth $839,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in ORIX in the 4th quarter worth about $123,000. Crossmark Global Holdings Inc. grew its position in ORIX by 14.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 32,806 shares of the real estate investment trust’s stock valued at $3,485,000 after acquiring an additional 4,084 shares during the period. Gilman Hill Asset Management LLC increased its stake in ORIX by 8.2% during the fourth quarter. Gilman Hill Asset Management LLC now owns 36,590 shares of the real estate investment trust’s stock worth $3,887,000 after acquiring an additional 2,775 shares during the last quarter. Aaron Wealth Advisors LLC lifted its stake in shares of ORIX by 6.6% in the 4th quarter. Aaron Wealth Advisors LLC now owns 4,188 shares of the real estate investment trust’s stock valued at $445,000 after purchasing an additional 259 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in ORIX by 30.6% during the fourth quarter. Park Avenue Securities LLC now owns 3,460 shares of the real estate investment trust’s stock worth $368,000 after buying an additional 811 shares during the period. Institutional investors and hedge funds own 1.73% of the company’s stock.

ORIX Stock Performance

ORIX stock opened at $105.77 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 1.38. The stock has a 50 day moving average of $107.43 and a 200-day moving average of $112.42. The stock has a market cap of $24.56 billion, a P/E ratio of 9.12, a price-to-earnings-growth ratio of 1.06 and a beta of 0.92. ORIX Co. has a 52 week low of $90.57 and a 52 week high of $125.84.

ORIX (NYSE:IX) last issued its quarterly earnings results on Friday, November 8th. The real estate investment trust reported $2.82 EPS for the quarter, topping the consensus estimate of $2.50 by $0.32. ORIX had a net margin of 14.08% and a return on equity of 10.01%. The business had revenue of $4.67 billion for the quarter. During the same period in the previous year, the business posted $1.94 EPS. On average, analysts expect that ORIX Co. will post 10.99 EPS for the current fiscal year.

Insider Transactions at ORIX

In other ORIX news, major shareholder Corp Orix sold 3,700,000 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the sale, the insider now directly owns 2,976,077 shares of the company’s stock, valued at approximately $224,336,684.26. This represents a 55.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 research note on Wednesday, November 20th.

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.