Vanguard Personalized Indexing Management LLC Acquires 4,131 Shares of ORIX Co. (NYSE:IX)

Vanguard Personalized Indexing Management LLC grew its holdings in shares of ORIX Co. (NYSE:IX) by 20.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,956 shares of the real estate investment trust’s stock after buying an additional 4,131 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in ORIX were worth $2,656,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of IX. Addison Advisors LLC bought a new position in shares of ORIX during the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC grew its position in shares of ORIX by 44.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 453 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 140 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in shares of ORIX by 573.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 465 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 396 shares during the period. GAMMA Investing LLC grew its position in shares of ORIX by 27.7% during the 1st quarter. GAMMA Investing LLC now owns 840 shares of the real estate investment trust’s stock valued at $93,000 after acquiring an additional 182 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of ORIX by 135.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 842 shares of the real estate investment trust’s stock valued at $93,000 after acquiring an additional 485 shares during the period. Institutional investors own 1.73% of the company’s stock.

ORIX Stock Down 0.7 %

Shares of NYSE IX opened at $119.91 on Friday. The firm has a market cap of $27.84 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 1.02 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. The business’s 50 day moving average is $118.06 and its two-hundred day moving average is $111.49.

ORIX (NYSE:IX) last posted its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $2.41 EPS for the quarter. The business had revenue of $4.54 billion during the quarter. ORIX had a net margin of 13.01% and a return on equity of 9.29%. Research analysts predict that ORIX Co. will post 11.23 EPS for the current year.

Wall Street Analyst Weigh In

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

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.