Charles Schwab Investment Management Inc. Has $2.96 Million Stake in ORIX Co. (NYSE:IX)

Charles Schwab Investment Management Inc. lifted its holdings in shares of ORIX Co. (NYSE:IX) by 6.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,859 shares of the real estate investment trust’s stock after purchasing an additional 1,650 shares during the period. Charles Schwab Investment Management Inc.’s holdings in ORIX were worth $2,959,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new stake in ORIX during the 3rd quarter valued at $80,000. SG Americas Securities LLC bought a new stake in ORIX during the fourth quarter worth $123,000. Smartleaf Asset Management LLC raised its position in ORIX by 282.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 941 shares during the last quarter. Captrust Financial Advisors lifted its stake in ORIX by 8.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,315 shares of the real estate investment trust’s stock valued at $269,000 after acquiring an additional 189 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its holdings in ORIX by 6.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,804 shares of the real estate investment trust’s stock worth $325,000 after acquiring an additional 165 shares during the last quarter. 1.73% of the stock is currently owned by institutional investors.

ORIX Trading Up 0.9 %

NYSE:IX opened at $21.69 on Friday. ORIX Co. has a 52 week low of $18.11 and a 52 week high of $25.17. The firm has a 50-day moving average price of $21.00 and a two-hundred day moving average price of $21.72. The firm has a market cap of $24.72 billion, a price-to-earnings ratio of 1.89, a price-to-earnings-growth ratio of 0.97 and a beta of 0.94. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.73 and a current ratio of 1.77.

ORIX (NYSE:IX) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. ORIX had a return on equity of 9.73% and a net margin of 13.66%. On average, equities analysts expect that ORIX Co. will post 11.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of ORIX from a “hold” rating to a “buy” rating in a report on Saturday, March 1st.

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.