Whittier Trust Co. of Nevada Inc. Buys 1,598 Shares of ORIX Co. (NYSE:IX)

Whittier Trust Co. of Nevada Inc. raised its stake in shares of ORIX Co. (NYSE:IX) by 111.1% in the 4th quarter, HoldingsChannel reports. The firm owned 3,036 shares of the real estate investment trust’s stock after purchasing an additional 1,598 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in ORIX were worth $323,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Mount Yale Investment Advisors LLC lifted its holdings in shares of ORIX by 3.0% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 4,375 shares of the real estate investment trust’s stock worth $465,000 after acquiring an additional 129 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of ORIX by 1.7% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,183 shares of the real estate investment trust’s stock worth $950,000 after acquiring an additional 134 shares during the last quarter. Caprock Group LLC lifted its holdings in shares of ORIX by 3.5% in the 4th quarter. Caprock Group LLC now owns 4,419 shares of the real estate investment trust’s stock worth $469,000 after acquiring an additional 148 shares during the last quarter. Gitterman Wealth Management LLC lifted its holdings in shares of ORIX by 9.2% in the 4th quarter. Gitterman Wealth Management LLC now owns 1,927 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 162 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its holdings in shares of ORIX by 6.3% in the 3rd 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 during the last quarter. 1.73% of the stock is currently owned by institutional investors.

ORIX Trading Down 0.0 %

NYSE:IX opened at $21.65 on Monday. The company has a fifty day moving average of $20.90 and a 200 day moving average of $21.76. ORIX Co. has a 52 week low of $18.11 and a 52 week high of $25.17. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $24.67 billion, a P/E ratio of 1.88, a P/E/G ratio of 0.97 and a beta of 0.94.

ORIX (NYSE:IX) last posted its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. ORIX had a net margin of 13.66% and a return on equity of 9.73%. On average, research analysts predict that ORIX Co. will post 11.31 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of ORIX from a “hold” rating to a “buy” rating in a report on Saturday, March 1st.

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.