SVB Wealth LLC Takes Position in ITOCHU Co. (OTCMKTS:ITOCY)

SVB Wealth LLC purchased a new stake in ITOCHU Co. (OTCMKTS:ITOCY) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,193 shares of the company’s stock, valued at approximately $413,000.

Separately, GAMMA Investing LLC grew its stake in shares of ITOCHU by 13.1% in the 4th quarter. GAMMA Investing LLC now owns 1,655 shares of the company’s stock valued at $163,000 after purchasing an additional 192 shares during the last quarter. 0.08% of the stock is owned by institutional investors.

ITOCHU Trading Down 0.3 %

OTCMKTS:ITOCY opened at $90.60 on Wednesday. ITOCHU Co. has a 12-month low of $79.12 and a 12-month high of $116.50. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41. The stock’s 50 day simple moving average is $91.46 and its 200-day simple moving average is $98.43. The firm has a market cap of $65.19 billion, a P/E ratio of 11.83 and a beta of 0.74.

ITOCHU (OTCMKTS:ITOCY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $2.19 earnings per share (EPS) for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.

About ITOCHU

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company’s Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycling businesses.