ORIX Co. (NYSE:IX) Shares Bought by Quantamental Technologies LLC

Quantamental Technologies LLC grew its holdings in shares of ORIX Co. (NYSE:IX) by 150.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 500 shares of the real estate investment trust’s stock after purchasing an additional 300 shares during the period. Quantamental Technologies LLC’s holdings in ORIX were worth $37,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Aperio Group LLC boosted its stake in shares of ORIX by 35.8% during the 2nd quarter. Aperio Group LLC now owns 370,063 shares of the real estate investment trust’s stock worth $27,710,000 after acquiring an additional 97,650 shares in the last quarter. Todd Asset Management LLC boosted its stake in shares of ORIX by 1.4% during the 2nd quarter. Todd Asset Management LLC now owns 267,232 shares of the real estate investment trust’s stock worth $20,011,000 after acquiring an additional 3,800 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of ORIX by 134.4% during the 1st quarter. Marshall Wace LLP now owns 71,956 shares of the real estate investment trust’s stock worth $5,172,000 after acquiring an additional 41,262 shares in the last quarter. Scout Investments Inc. boosted its stake in shares of ORIX by 31.4% during the 2nd quarter. Scout Investments Inc. now owns 55,821 shares of the real estate investment trust’s stock worth $4,180,000 after acquiring an additional 13,330 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of ORIX by 11.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,959 shares of the real estate investment trust’s stock worth $3,367,000 after acquiring an additional 4,724 shares in the last quarter. Institutional investors own 1.47% of the company’s stock.

IX stock traded up $0.17 on Friday, reaching $79.33. The company had a trading volume of 30,068 shares, compared to its average volume of 38,154. ORIX Co. has a 1 year low of $67.00 and a 1 year high of $84.51. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.51 and a current ratio of 1.54. The company’s fifty day moving average is $72.84 and its 200 day moving average is $72.50. The company has a market cap of $20.29 billion, a P/E ratio of 21.81, a PEG ratio of 0.90 and a beta of 0.99.

ORIX (NYSE:IX) last posted its earnings results on Monday, July 29th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter. ORIX had a return on equity of 10.69% and a net margin of 13.21%. The firm had revenue of $4.89 billion for the quarter. On average, sell-side analysts predict that ORIX Co. will post 12.23 earnings per share for the current year.

Several brokerages have recently commented on IX. ValuEngine lowered ORIX from a “hold” rating to a “sell” rating in a research note on Tuesday, August 6th. Zacks Investment Research raised ORIX from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research note on Wednesday, July 31st.

ORIX Profile

ORIX Corporation provides diversified financial services primarily in Japan and the Americas. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses.

Read More: Certificate of Deposit (CD)

Institutional Ownership by Quarter for ORIX (NYSE:IX)

Receive News & Ratings for ORIX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ORIX and related companies with MarketBeat.com's FREE daily email newsletter.