ORIX Co. (NYSE:IX) Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership decreased its holdings in shares of ORIX Co. (NYSE:IX) by 23.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,240 shares of the real estate investment trust’s stock after selling 10,204 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in ORIX were worth $3,637,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new stake in ORIX during the 3rd quarter valued at $80,000. SG Americas Securities LLC acquired a new stake in shares of ORIX during the fourth quarter valued at about $123,000. Smartleaf Asset Management LLC increased its position in shares of ORIX by 282.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust’s stock worth $136,000 after acquiring an additional 941 shares during the last quarter. Gitterman Wealth Management LLC lifted its stake in shares of ORIX by 9.2% in the fourth quarter. Gitterman Wealth Management LLC now owns 1,927 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 162 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in ORIX in the fourth quarter valued at about $215,000. 1.73% of the stock is owned by hedge funds and other institutional investors.

ORIX Trading Down 1.3 %

IX opened at $18.26 on Wednesday. ORIX Co. has a 12-month low of $17.86 and a 12-month high of $25.17. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.77 and a quick ratio of 1.73. The stock has a market capitalization of $20.81 billion, a PE ratio of 1.59, a P/E/G ratio of 0.97 and a beta of 0.78. The firm’s fifty day moving average price is $20.76 and its 200 day moving average price is $21.44.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded 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.