ORIX Co. (NYSE:IX) Stock Position Raised by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lifted its stake in shares of ORIX Co. (NYSE:IX) by 143.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,133 shares of the real estate investment trust’s stock after acquiring an additional 668 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in ORIX were worth $126,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wells Fargo & Company MN boosted its position in shares of ORIX by 0.6% in the fourth quarter. Wells Fargo & Company MN now owns 326,790 shares of the real estate investment trust’s stock worth $30,519,000 after buying an additional 1,808 shares during the period. Teachers Retirement System of The State of Kentucky boosted its position in shares of ORIX by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 175,640 shares of the real estate investment trust’s stock worth $19,356,000 after buying an additional 30,400 shares during the period. QRG Capital Management Inc. boosted its position in shares of ORIX by 1.7% in the second quarter. QRG Capital Management Inc. now owns 52,757 shares of the real estate investment trust’s stock worth $5,872,000 after buying an additional 858 shares during the period. Natixis Advisors L.P. boosted its position in shares of ORIX by 10.3% in the fourth quarter. Natixis Advisors L.P. now owns 34,272 shares of the real estate investment trust’s stock worth $3,200,000 after buying an additional 3,190 shares during the period. Finally, Gilman Hill Asset Management LLC boosted its position in shares of ORIX by 7.1% in the first quarter. Gilman Hill Asset Management LLC now owns 32,090 shares of the real estate investment trust’s stock worth $3,536,000 after buying an additional 2,140 shares during the period. 1.73% of the stock is owned by institutional investors.

ORIX Stock Up 1.6 %

Shares of NYSE:IX traded up $1.93 during midday trading on Thursday, hitting $124.67. 8,262 shares of the stock were exchanged, compared to its average volume of 15,993. The business’s fifty day simple moving average is $114.93 and its two-hundred day simple moving average is $109.35. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.75 and a current ratio of 1.79. ORIX Co. has a 52-week low of $86.05 and a 52-week high of $125.16. The company has a market capitalization of $28.95 billion, a PE ratio of 11.95 and a beta of 0.90.

ORIX (NYSE:IX) last issued its earnings results on Monday, August 5th. The real estate investment trust reported $2.41 EPS for the quarter. ORIX had a return on equity of 8.88% and a net margin of 12.25%. The firm had revenue of $4.54 billion for the quarter. As a group, research analysts predict that ORIX Co. will post 10.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.