Henry James International Management Inc. Grows Position in ORIX Co. (NYSE:IX)

Henry James International Management Inc. increased its holdings in shares of ORIX Co. (NYSE:IX) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,773 shares of the real estate investment trust’s stock after purchasing an additional 1,218 shares during the quarter. ORIX accounts for approximately 2.1% of Henry James International Management Inc.’s portfolio, making the stock its 12th biggest position. Henry James International Management Inc.’s holdings in ORIX were worth $5,925,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in ORIX in the 3rd quarter valued at about $80,000. SG Americas Securities LLC purchased a new position in shares of ORIX in the fourth quarter valued at approximately $123,000. PDS Planning Inc grew its holdings in shares of ORIX by 7.0% in the third quarter. PDS Planning Inc now owns 2,229 shares of the real estate investment trust’s stock valued at $259,000 after purchasing an additional 146 shares in the last quarter. Captrust Financial Advisors increased its stake in ORIX by 8.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,315 shares of the real estate investment trust’s stock worth $269,000 after buying an additional 189 shares during the period. Finally, Glenmede Trust Co. NA lifted its holdings in ORIX by 6.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,804 shares of the real estate investment trust’s stock worth $325,000 after buying an additional 165 shares in the last quarter. 1.73% of the stock is currently owned by hedge funds and other institutional investors.

ORIX Price Performance

Shares of NYSE IX opened at $20.47 on Friday. 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 company has a market cap of $4.97 billion, a price-to-earnings ratio of 1.78, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. The stock’s 50-day moving average is $102.78 and its two-hundred day moving average is $109.95. ORIX Co. has a 1-year low of $18.11 and a 1-year high of $25.17.

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

Analyst Ratings Changes

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

Insider Activity

In other news, major shareholder Corp Orix sold 3,700,000 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the completion of the transaction, the insider now directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.08% of the company’s stock.

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.