ORIX Co. (NYSE:IX - Get Free Report) shares saw an uptick in trading volume on Monday . 39,675 shares traded hands during mid-day trading, an increase of 128% from the previous session's volume of 17,398 shares.The stock last traded at $107.71 and had previously closed at $105.50.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered ORIX from a "buy" rating to a "hold" rating in a report on Monday, March 25th.
Read Our Latest Analysis on ORIX
ORIX Price Performance
The company has a quick ratio of 1.75, a current ratio of 1.79 and a debt-to-equity ratio of 1.40. The company has a market cap of $24.92 billion, a price-to-earnings ratio of 12.55, a price-to-earnings-growth ratio of 0.71 and a beta of 0.85. The company has a fifty day simple moving average of $104.58 and a two-hundred day simple moving average of $96.64.
ORIX (NYSE:IX - Get Free Report) last posted its earnings results on Wednesday, February 7th. The real estate investment trust reported $2.66 earnings per share for the quarter. The company had revenue of $4.59 billion for the quarter. ORIX had a return on equity of 7.60% and a net margin of 10.31%. On average, equities research analysts anticipate that ORIX Co. will post 9.19 earnings per share for the current fiscal year.
Institutional Trading of ORIX
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in ORIX by 262.6% during the first quarter. Envestnet Asset Management Inc. now owns 307,037 shares of the real estate investment trust's stock worth $4,852,000 after buying an additional 222,350 shares during the period. Jane Street Group LLC lifted its position in ORIX by 476.3% during the fourth quarter. Jane Street Group LLC now owns 61,928 shares of the real estate investment trust's stock worth $4,986,000 after buying an additional 51,182 shares during the period. QRG Capital Management Inc. purchased a new position in ORIX during the third quarter worth about $4,612,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in ORIX during the third quarter worth about $4,450,000. Finally, International Assets Investment Management LLC purchased a new position in ORIX during the fourth quarter worth about $2,721,000. 1.73% of the stock is currently owned by hedge funds and other institutional investors.
ORIX Company Profile
(
Get Free Report)
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.
See Also
Before you consider ORIX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ORIX wasn't on the list.
While ORIX currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
