ORIX Co. (NYSE:IX) Shares Acquired by PDS Planning Inc

PDS Planning Inc increased its position in shares of ORIX Co. (NYSE:IX) by 7.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,229 shares of the real estate investment trust’s stock after buying an additional 146 shares during the period. PDS Planning Inc’s holdings in ORIX were worth $259,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Addison Advisors LLC purchased a new stake in shares of ORIX in the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC increased its holdings in ORIX by 44.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 140 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in ORIX by 573.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 465 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 396 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of ORIX by 135.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 842 shares of the real estate investment trust’s stock worth $93,000 after purchasing an additional 485 shares in the last quarter. Finally, CWM LLC raised its position in shares of ORIX by 10.8% during the 2nd quarter. CWM LLC now owns 956 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 1.73% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered ORIX from a “buy” rating to a “hold” rating in a research note on Wednesday, August 7th.

ORIX Trading Up 2.0 %

Shares of IX opened at $108.95 on Wednesday. The firm’s fifty day moving average is $115.09 and its two-hundred day moving average is $112.53. The stock has a market cap of $25.30 billion, a PE ratio of 10.16, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. The company has a quick ratio of 1.77, a current ratio of 1.81 and a debt-to-equity ratio of 1.38. ORIX Co. has a 52-week low of $86.05 and a 52-week high of $125.84.

ORIX (NYSE:IX) last announced its quarterly earnings data on Monday, August 5th. The real estate investment trust reported $2.41 earnings per share (EPS) for the quarter. ORIX had a net margin of 13.01% and a return on equity of 9.29%. The company had revenue of $4.54 billion during the quarter. Research analysts forecast that ORIX Co. will post 11.59 earnings per share for the current fiscal year.

ORIX Company 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.