ORIX Co. (NYSE:IX) Short Interest Up 8.4% in December

ORIX Co. (NYSE:IX - Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 149,500 shares, a growth of 8.4% from the November 30th total of 137,900 shares. Currently, 0.1% of the company's shares are short sold. Based on an average trading volume of 31,800 shares, the short-interest ratio is presently 4.7 days.

Insider Buying and Selling at ORIX

In related news, major shareholder Corp Orix sold 3,700,000 shares of the firm's stock in a transaction that occurred on 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 sale, the insider now directly owns 2,976,077 shares of the company's stock, valued at approximately $224,336,684.26. This trade represents a 55.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.08% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FMR LLC boosted its position in ORIX by 9.9% during the 3rd quarter. FMR LLC now owns 647,689 shares of the real estate investment trust's stock valued at $75,164,000 after acquiring an additional 58,178 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in shares of ORIX by 12.5% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 197,640 shares of the real estate investment trust's stock worth $21,997,000 after purchasing an additional 22,000 shares during the last quarter. American Century Companies Inc. boosted its position in ORIX by 6.0% during the second quarter. American Century Companies Inc. now owns 85,051 shares of the real estate investment trust's stock valued at $9,466,000 after purchasing an additional 4,782 shares in the last quarter. QRG Capital Management Inc. grew its stake in ORIX by 1.3% in the third quarter. QRG Capital Management Inc. now owns 53,429 shares of the real estate investment trust's stock valued at $6,200,000 after purchasing an additional 672 shares during the last quarter. Finally, Natixis Advisors LLC raised its holdings in ORIX by 2.6% in the third quarter. Natixis Advisors LLC now owns 39,530 shares of the real estate investment trust's stock worth $4,587,000 after purchasing an additional 993 shares in the last quarter. 1.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

ORIX Stock Down 0.4 %

Shares of IX traded down $0.47 during midday trading on Wednesday, reaching $106.23. 14,652 shares of the stock were exchanged, compared to its average volume of 20,511. The company has a market capitalization of $24.67 billion, a P/E ratio of 9.16, a PEG ratio of 1.07 and a beta of 0.92. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 1.38. ORIX has a 52 week low of $90.57 and a 52 week high of $125.84. The company's 50 day moving average is $108.70 and its two-hundred day moving average is $113.14.

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.