Mount Yale Investment Advisors LLC Increases Holdings in ORIX Co. (NYSE:IX)

Mount Yale Investment Advisors LLC raised its stake in ORIX Co. (NYSE:IX) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,375 shares of the real estate investment trust’s stock after acquiring an additional 129 shares during the period. Mount Yale Investment Advisors LLC’s holdings in ORIX were worth $465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IX. Wilmington Savings Fund Society FSB bought a new stake in ORIX during the 3rd quarter valued at about $80,000. SG Americas Securities LLC purchased a new position in ORIX in the 4th quarter worth approximately $123,000. Whittier Trust Co. of Nevada Inc. lifted its position in ORIX by 26.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,438 shares of the real estate investment trust’s stock valued at $167,000 after acquiring an additional 305 shares in the last quarter. GAMMA Investing LLC boosted its stake in ORIX by 44.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock valued at $178,000 after purchasing an additional 473 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of ORIX by 4.7% in the 2nd quarter. Truist Financial Corp now owns 1,915 shares of the real estate investment trust’s stock worth $213,000 after purchasing an additional 86 shares in the last quarter. 1.73% of the stock is currently owned by institutional investors.

ORIX Stock Up 0.7 %

Shares of ORIX stock opened at $106.73 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.40 and a debt-to-equity ratio of 1.38. ORIX Co. has a twelve month low of $90.57 and a twelve month high of $125.84. The company has a market cap of $24.78 billion, a price-to-earnings ratio of 9.20, a price-to-earnings-growth ratio of 1.06 and a beta of 0.92. The company’s 50 day moving average is $107.34 and its 200 day moving average is $112.28.

ORIX (NYSE:IX) last released its quarterly earnings results on Friday, November 8th. The real estate investment trust reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.32. ORIX had a return on equity of 10.01% and a net margin of 14.08%. The firm had revenue of $4.67 billion for the quarter. During the same period in the previous year, the company earned $1.94 earnings per share. Research analysts anticipate that ORIX Co. will post 10.99 EPS for the current year.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other ORIX news, major shareholder Corp Orix sold 3,700,000 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $75.38, for a total value of $278,906,000.00. Following the transaction, the insider now directly owns 2,976,077 shares in the company, valued at approximately $224,336,684.26. This trade represents a 55.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

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.