Blue Trust Inc. Buys 2,680 Shares of ORIX Co. (NYSE:IX)

Blue Trust Inc. lifted its stake in shares of ORIX Co. (NYSE:IX) by 58.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,279 shares of the real estate investment trust’s stock after acquiring an additional 2,680 shares during the period. Blue Trust Inc.’s holdings in ORIX were worth $845,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of ORIX during the fourth quarter worth approximately $123,000. Crossmark Global Holdings Inc. raised its position in ORIX by 14.2% in the 4th quarter. Crossmark Global Holdings Inc. now owns 32,806 shares of the real estate investment trust’s stock worth $3,485,000 after purchasing an additional 4,084 shares during the period. Gilman Hill Asset Management LLC lifted its stake in ORIX by 8.2% in the fourth quarter. Gilman Hill Asset Management LLC now owns 36,590 shares of the real estate investment trust’s stock worth $3,887,000 after purchasing an additional 2,775 shares during the last quarter. Aaron Wealth Advisors LLC boosted its position in ORIX by 6.6% during the fourth quarter. Aaron Wealth Advisors LLC now owns 4,188 shares of the real estate investment trust’s stock valued at $445,000 after buying an additional 259 shares during the period. Finally, Park Avenue Securities LLC grew its stake in shares of ORIX by 30.6% during the fourth quarter. Park Avenue Securities LLC now owns 3,460 shares of the real estate investment trust’s stock valued at $368,000 after buying an additional 811 shares during the last quarter. Institutional investors own 1.73% of the company’s stock.

ORIX Price Performance

Shares of NYSE IX opened at $106.43 on Thursday. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.40 and a quick ratio of 1.37. ORIX Co. has a 1 year low of $90.57 and a 1 year high of $125.84. The company’s 50-day moving average is $107.30 and its 200 day moving average is $112.21. The stock has a market capitalization of $24.71 billion, a P/E ratio of 9.18, a P/E/G ratio of 1.06 and a beta of 0.92.

ORIX (NYSE:IX) last announced its quarterly earnings data on Friday, November 8th. The real estate investment trust reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.32. The business had revenue of $4.67 billion during the quarter. ORIX had a return on equity of 10.01% and a net margin of 14.08%. During the same quarter in the previous year, the firm posted $1.94 EPS. On average, sell-side analysts expect that ORIX Co. will post 10.99 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com cut ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

Insider Activity at ORIX

In other ORIX news, major shareholder Corp Orix sold 3,700,000 shares of the stock in a transaction dated 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 transaction, the insider now owns 2,976,077 shares of the company’s stock, valued at approximately $224,336,684.26. This represents a 55.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by insiders.

ORIX Profile

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.