Systematic Alpha Investments LLC bought a new position in shares of ORIX Co. (NYSE:IX – Get Rating) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,962 shares of the real estate investment trust’s stock, valued at approximately $495,000.
Other hedge funds have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in shares of ORIX by 80.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 333 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 148 shares during the period. UMB Bank N A MO purchased a new position in shares of ORIX in the fourth quarter worth $36,000. CWM LLC lifted its holdings in ORIX by 68.3% in the first quarter. CWM LLC now owns 404 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 164 shares during the period. Farmers & Merchants Investments Inc. raised its stake in shares of ORIX by 104.8% during the 1st quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 220 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in shares of ORIX by 250.5% during the first quarter. New York State Common Retirement Fund now owns 1,437 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 1,027 shares in the last quarter. 1.58% of the stock is owned by hedge funds and other institutional investors.
ORIX Stock Up 0.2 %
NYSE:IX traded up $0.20 during trading hours on Wednesday, hitting $83.62. The company’s stock had a trading volume of 20 shares, compared to its average volume of 35,597. ORIX Co. has a 52-week low of $80.36 and a 52-week high of $112.91. The stock has a market capitalization of $20.14 billion, a P/E ratio of 7.54, a price-to-earnings-growth ratio of 0.41 and a beta of 0.86. The company has a current ratio of 1.72, a quick ratio of 1.70 and a debt-to-equity ratio of 1.39. The stock has a fifty day moving average of $84.95 and a 200-day moving average of $92.20.
ORIX Corporation provides diversified financial services in Japan, the Americas, Asia, Europe, Australasia, the Middle East, and internationally. 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.
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