Todd Asset Management LLC Grows Stock Holdings in ORIX Co. (NYSE:IX)

Todd Asset Management LLC lifted its holdings in ORIX Co. (NYSE:IX) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 346,220 shares of the real estate investment trust’s stock after buying an additional 2,224 shares during the period. Todd Asset Management LLC’s holdings in ORIX were worth $36,779,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IX. FMR LLC boosted its stake in shares of ORIX by 9.9% during the 3rd quarter. FMR LLC now owns 647,689 shares of the real estate investment trust’s stock worth $75,164,000 after purchasing an additional 58,178 shares during the period. International Assets Investment Management LLC purchased a new position in shares of ORIX during the 3rd quarter worth about $4,256,000. Allspring Global Investments Holdings LLC boosted its stake in shares of ORIX by 133.4% during the 4th 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. World Investment Advisors LLC purchased a new position in shares of ORIX during the 3rd quarter worth about $2,600,000. Finally, Crossmark Global Holdings Inc. boosted its stake in shares of ORIX by 52.1% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 28,722 shares of the real estate investment trust’s stock worth $3,334,000 after purchasing an additional 9,839 shares during the period. 1.73% of the stock is currently owned by institutional investors.

ORIX Price Performance

ORIX stock opened at $99.78 on Tuesday. The stock has a market cap of $24.24 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.77 and a quick ratio of 1.73. ORIX Co. has a 1 year low of $90.57 and a 1 year high of $125.84. The firm has a 50-day moving average of $104.70 and a two-hundred day moving average of $110.80.

ORIX (NYSE:IX) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.06. ORIX had a net margin of 13.66% and a return on equity of 9.73%. On average, research analysts forecast that ORIX Co. will post 11.31 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com cut shares of ORIX from a “buy” rating to a “hold” rating in a research note on Friday.

Insider Buying and Selling at ORIX

In other news, major shareholder Corp Orix sold 3,700,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $75.38, for a total value of $278,906,000.00. Following the completion of the sale, the insider now owns 2,976,077 shares of the company’s stock, valued at approximately $224,336,684.26. This represents a 55.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.08% of the stock is owned by corporate insiders.

ORIX Company 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.