ORIX Co. (NYSE:IX - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as $17.86 and last traded at $18.14, with a volume of 11311 shares. The stock had previously closed at $18.83.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of ORIX from a "hold" rating to a "buy" rating in a research note on Saturday, March 1st.
Get Our Latest Stock Analysis on IX
ORIX Trading Down 0.2 %
The stock's fifty day moving average price is $20.59 and its 200 day moving average price is $21.32. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.77 and a quick ratio of 1.73. The stock has a market capitalization of $21.33 billion, a P/E ratio of 1.63, a PEG ratio of 0.97 and a beta of 0.78.
ORIX (NYSE:IX - Get Free Report) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.01. ORIX had a return on equity of 9.73% and a net margin of 13.66%. Research analysts forecast that ORIX Co. will post 11.31 earnings per share for the current year.
Institutional Trading of ORIX
A number of hedge funds have recently added to or reduced their stakes in IX. Wilmington Savings Fund Society FSB acquired a new position in ORIX during the third quarter worth $80,000. SG Americas Securities LLC purchased a new position in ORIX in the 4th quarter valued at about $123,000. Smartleaf Asset Management LLC boosted its holdings in ORIX by 282.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust's stock worth $136,000 after buying an additional 941 shares during the last quarter. Aquatic Capital Management LLC increased its stake in ORIX by 1,310.0% during the 4th quarter. Aquatic Capital Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $150,000 after buying an additional 1,310 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of ORIX by 400.0% during the first quarter. Parallel Advisors LLC now owns 9,235 shares of the real estate investment trust's stock valued at $193,000 after acquiring an additional 7,388 shares during the last quarter. 1.73% of the stock is owned by hedge funds and other institutional investors.
About ORIX
(
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.
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