American Century Companies Inc. Acquires 1,064 Shares of ORIX Co. (NYSE:IX)

American Century Companies Inc. raised its holdings in ORIX Co. (NYSE:IX) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 85,114 shares of the real estate investment trust’s stock after acquiring an additional 1,064 shares during the period. American Century Companies Inc.’s holdings in ORIX were worth $9,042,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. FMR LLC raised its holdings in ORIX by 9.9% during the third quarter. FMR LLC now owns 647,689 shares of the real estate investment trust’s stock worth $75,164,000 after acquiring an additional 58,178 shares in the last quarter. Todd Asset Management LLC increased its stake in ORIX by 0.6% during the 4th quarter. Todd Asset Management LLC now owns 346,220 shares of the real estate investment trust’s stock worth $36,779,000 after acquiring an additional 2,224 shares during the period. Henry James International Management Inc. lifted its position in shares of ORIX by 2.2% during the 4th quarter. Henry James International Management Inc. now owns 55,773 shares of the real estate investment trust’s stock valued at $5,925,000 after acquiring an additional 1,218 shares during the period. QRG Capital Management Inc. grew its holdings in shares of ORIX by 2.2% during the 4th quarter. QRG Capital Management Inc. now owns 54,607 shares of the real estate investment trust’s stock worth $5,801,000 after purchasing an additional 1,178 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of ORIX by 133.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 41,283 shares of the real estate investment trust’s stock worth $4,376,000 after purchasing an additional 23,595 shares during the period. Institutional investors own 1.73% of the company’s stock.

ORIX Stock Performance

NYSE IX opened at $20.98 on Thursday. The firm’s fifty day moving average price is $21.00 and its two-hundred day moving average price is $21.62. The stock has a market cap of $23.91 billion, a PE ratio of 1.82, a PEG 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 Co. has a fifty-two week low of $18.11 and a fifty-two week high of $25.17.

ORIX (NYSE:IX) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.51 EPS for the quarter, topping the consensus estimate 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 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.