GAMMA Investing LLC Has $93,000 Stake in ORIX Co. (NYSE:IX)

GAMMA Investing LLC grew its holdings in ORIX Co. (NYSE:IX) by 27.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 840 shares of the real estate investment trust’s stock after purchasing an additional 182 shares during the quarter. GAMMA Investing LLC’s holdings in ORIX were worth $93,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in IX. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in ORIX during the 3rd quarter worth about $4,450,000. International Assets Investment Management LLC acquired a new stake in shares of ORIX in the fourth quarter valued at approximately $2,721,000. FMR LLC raised its position in ORIX by 4.2% in the 3rd quarter. FMR LLC now owns 439,129 shares of the real estate investment trust’s stock worth $41,225,000 after purchasing an additional 17,700 shares during the last quarter. XY Capital Ltd acquired a new position in ORIX during the 4th quarter worth $624,000. Finally, American Century Companies Inc. boosted its position in ORIX by 6.0% in the 3rd quarter. American Century Companies Inc. now owns 68,564 shares of the real estate investment trust’s stock valued at $6,437,000 after buying an additional 3,854 shares during the last quarter. Institutional investors own 1.73% of the company’s stock.

ORIX Stock Down 0.4 %

Shares of NYSE:IX opened at $108.54 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.79 and a quick ratio of 1.75. The stock has a market cap of $25.20 billion, a price-to-earnings ratio of 10.57 and a beta of 0.90. The company has a 50 day moving average of $106.62 and a 200-day moving average of $102.49. ORIX Co. has a one year low of $86.05 and a one year high of $113.43.

ORIX (NYSE:IX) last released its earnings results on Wednesday, May 8th. The real estate investment trust reported $3.71 EPS for the quarter. The firm had revenue of $5.19 billion during the quarter. ORIX had a net margin of 12.25% and a return on equity of 8.88%. On average, sell-side analysts forecast that ORIX Co. will post 10.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised ORIX from a “hold” rating to a “buy” rating in a research note on Thursday, May 16th.

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.