GAMMA Investing LLC Grows Stock Holdings in ITOCHU Co. (OTCMKTS:ITOCY)

GAMMA Investing LLC grew its holdings in shares of ITOCHU Co. (OTCMKTS:ITOCY) by 17.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 995 shares of the company’s stock after purchasing an additional 145 shares during the quarter. GAMMA Investing LLC’s holdings in ITOCHU were worth $85,000 at the end of the most recent quarter.

Separately, Confluence Investment Management LLC purchased a new stake in ITOCHU in the first quarter valued at approximately $718,000. Institutional investors and hedge funds own 0.08% of the company’s stock.

ITOCHU Price Performance

ITOCY stock opened at $91.08 on Monday. The stock has a 50-day moving average price of $91.83 and a two-hundred day moving average price of $88.35. The company has a market cap of $66.07 billion, a PE ratio of 12.51 and a beta of 0.74. The company has a current ratio of 1.22, a quick ratio of 0.91 and a debt-to-equity ratio of 0.43. ITOCHU Co. has a 12-month low of $68.15 and a 12-month high of $97.68.

ITOCHU (OTCMKTS:ITOCY) last released its quarterly earnings data on Wednesday, May 8th. The company reported $1.37 earnings per share (EPS) for the quarter. The company had revenue of $18.97 billion during the quarter. ITOCHU had a net margin of 5.72% and a return on equity of 13.60%. As a group, research analysts predict that ITOCHU Co. will post 8.29 EPS for the current year.

About ITOCHU

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company's Textile segment produces and sells fiber and garment materials, textiles fabrics, apparel, and industrial materials; and imports lifestyle brands, fashion accessories, and garments in various areas, such as luxury, casual, and sports.