Callan Capital LLC Decreases Stake in ORIX Co. (NYSE:IX)

Callan Capital LLC reduced its position in ORIX Co. (NYSE:IX) by 16.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,658 shares of the real estate investment trust’s stock after selling 2,298 shares during the period. Callan Capital LLC’s holdings in ORIX were worth $1,238,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IX. Wilmington Savings Fund Society FSB bought a new stake in shares of ORIX in the third quarter valued at approximately $80,000. SG Americas Securities LLC purchased a new position in ORIX in the 4th quarter valued at approximately $123,000. PDS Planning Inc grew its stake in ORIX by 7.0% in the 3rd quarter. PDS Planning Inc now owns 2,229 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 146 shares in the last quarter. Captrust Financial Advisors raised its holdings in ORIX by 8.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,315 shares of the real estate investment trust’s stock valued at $269,000 after acquiring an additional 189 shares during the period. Finally, Glenmede Trust Co. NA lifted its position in shares of ORIX by 6.3% during the third quarter. Glenmede Trust Co. NA now owns 2,804 shares of the real estate investment trust’s stock worth $325,000 after acquiring an additional 165 shares in the last quarter. 1.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded ORIX from a “buy” rating to a “hold” rating in a research note on Friday.

Insider Activity at ORIX

In related 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 value of $278,906,000.00. Following the completion of the sale, the insider now 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is currently owned by insiders.

ORIX Trading Down 1.7 %

Shares of IX stock opened at $99.99 on Friday. ORIX Co. has a 52-week low of $90.57 and a 52-week high of $125.84. The business’s fifty day moving average is $105.05 and its 200 day moving average is $110.88. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.73 and a current ratio of 1.77. The company has a market capitalization of $24.30 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92.

ORIX (NYSE:IX) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.06. ORIX had a return on equity of 9.73% and a net margin of 13.66%. On average, equities research analysts anticipate that ORIX Co. will post 11.31 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.