GAMMA Investing LLC Has $2.49 Million Stock Position in ORIX Co. (NYSE:IX)

GAMMA Investing LLC lifted its holdings in ORIX Co. (NYSE:IX - Free Report) by 9,157.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 119,240 shares of the real estate investment trust's stock after purchasing an additional 117,952 shares during the period. GAMMA Investing LLC's holdings in ORIX were worth $2,491,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Smartleaf Asset Management LLC lifted its stake in shares of ORIX by 282.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 941 shares during the period. Aquatic Capital Management LLC lifted its position in shares of ORIX by 1,310.0% in the 4th quarter. Aquatic Capital Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $150,000 after acquiring an additional 1,310 shares during the period. Gitterman Wealth Management LLC grew its holdings in shares of ORIX by 9.2% during the 4th quarter. Gitterman Wealth Management LLC now owns 1,927 shares of the real estate investment trust's stock worth $205,000 after purchasing an additional 162 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in ORIX in the 4th quarter valued at $215,000. Finally, Marshall Wace LLP bought a new stake in ORIX in the fourth quarter valued at about $226,000. Institutional investors and hedge funds own 1.73% of the company's stock.

ORIX Price Performance

Shares of NYSE IX traded down $0.28 during midday trading on Friday, reaching $21.60. 116,176 shares of the company traded hands, compared to its average volume of 171,438. The firm has a market cap of $24.62 billion, a PE ratio of 1.88, a PEG ratio of 0.97 and a beta of 0.86. The stock's 50-day simple moving average is $20.33 and its 200-day simple moving average is $20.84. ORIX Co. has a 12 month low of $17.75 and a 12 month high of $25.17. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.73 and a current ratio of 1.77.

ORIX (NYSE:IX - Get Free Report) last announced its earnings results on Monday, May 12th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.20). The firm had revenue of $4.86 billion for the quarter, compared to analyst estimates of $5.17 billion. ORIX had a return on equity of 9.73% and a net margin of 13.66%. As a group, equities analysts anticipate that ORIX Co. will post 11.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded ORIX from a "hold" rating to a "buy" rating in a research report on Tuesday, May 13th.

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.