ORIX (NYSE:IX – Get Rating) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.
Separately, TheStreet raised ORIX from a “c” rating to a “b-” rating in a report on Monday, February 6th.
ORIX Price Performance
IX opened at $82.06 on Friday. The stock’s 50 day simple moving average is $86.84 and its 200 day simple moving average is $80.27. ORIX has a 1 year low of $68.78 and a 1 year high of $102.68. The firm has a market cap of $19.40 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 0.45 and a beta of 0.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.73 and a quick ratio of 1.71.
Institutional Trading of ORIX
Institutional investors and hedge funds have recently bought and sold shares of the stock. Veriti Management LLC raised its position in ORIX by 0.8% during the 4th quarter. Veriti Management LLC now owns 15,813 shares of the real estate investment trust’s stock worth $1,273,000 after buying an additional 118 shares during the last quarter. Mariner LLC grew its position in shares of ORIX by 2.3% in the 4th quarter. Mariner LLC now owns 6,484 shares of the real estate investment trust’s stock worth $522,000 after acquiring an additional 148 shares in the last quarter. Glassman Wealth Services increased its position in ORIX by 75.6% in the fourth quarter. Glassman Wealth Services now owns 367 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 158 shares during the period. Pathstone Family Office LLC lifted its holdings in ORIX by 3.4% in the fourth quarter. Pathstone Family Office LLC now owns 4,845 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 158 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of ORIX by 0.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 46,118 shares of the real estate investment trust’s stock valued at $3,881,000 after purchasing an additional 173 shares during the period. 1.95% of the stock is currently owned by hedge funds and other institutional investors.
ORIX Company Profile
ORIX Corp. engages in the provision of leasing and corporate financial services. It operates through the following segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment offers leasing and loans to small and medium-sized enterprises.