ORIX Co. (NYSE:IX) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. boosted its position in shares of ORIX Co. (NYSE:IX) by 14.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,806 shares of the real estate investment trust’s stock after acquiring an additional 4,084 shares during the period. Crossmark Global Holdings Inc.’s holdings in ORIX were worth $3,485,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of ORIX during the 3rd quarter worth about $80,000. Whittier Trust Co. of Nevada Inc. lifted its stake in ORIX by 26.9% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,438 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 305 shares during the last quarter. GAMMA Investing LLC boosted its holdings in ORIX by 44.6% in the third quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock valued at $178,000 after purchasing an additional 473 shares in the last quarter. Truist Financial Corp increased its stake in ORIX by 4.7% in the second quarter. Truist Financial Corp now owns 1,915 shares of the real estate investment trust’s stock valued at $213,000 after purchasing an additional 86 shares during the last quarter. Finally, PDS Planning Inc raised its holdings in ORIX by 7.0% during the third quarter. PDS Planning Inc now owns 2,229 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 146 shares in the last quarter. 1.73% of the stock is owned by hedge funds and other institutional investors.

ORIX Price Performance

Shares of NYSE IX opened at $105.93 on Thursday. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 1.38. The stock has a market cap of $24.60 billion, a P/E ratio of 9.13, a P/E/G ratio of 1.04 and a beta of 0.92. The stock has a 50 day moving average of $107.51 and a two-hundred day moving average of $112.51. ORIX Co. has a twelve month low of $90.57 and a twelve month high of $125.84.

ORIX (NYSE:IX) last released its quarterly earnings results on Friday, November 8th. The real estate investment trust reported $2.82 EPS for the quarter, beating the consensus estimate of $2.50 by $0.32. ORIX had a net margin of 14.08% and a return on equity of 10.01%. The firm had revenue of $4.67 billion during the quarter. During the same quarter last year, the company earned $1.94 EPS. On average, research analysts forecast that ORIX Co. will post 10.99 earnings per share for the current year.

Insider Activity at ORIX

In other ORIX news, major shareholder Corp Orix sold 3,700,000 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 2,976,077 shares of the company’s stock, valued at $224,336,684.26. This represents a 55.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.08% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

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.