SVB Wealth LLC bought a new position in shares of ITOCHU Co. (OTCMKTS:ITOCY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,193 shares of the company's stock, valued at approximately $413,000.
Separately, GAMMA Investing LLC grew its stake in shares of ITOCHU by 13.1% during the 4th quarter. GAMMA Investing LLC now owns 1,655 shares of the company's stock worth $163,000 after acquiring an additional 192 shares in the last quarter. 0.08% of the stock is owned by institutional investors.
ITOCHU Stock Up 3.1 %
Shares of ITOCY traded up $2.84 during mid-day trading on Friday, hitting $93.09. 106,176 shares of the company's stock were exchanged, compared to its average volume of 86,209. The company has a market cap of $66.98 billion, a PE ratio of 12.15 and a beta of 0.76. ITOCHU Co. has a 52 week low of $79.12 and a 52 week high of $116.50. The company has a 50-day simple moving average of $91.05 and a 200 day simple moving average of $98.29. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.97.
ITOCHU (OTCMKTS:ITOCY - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $2.19 earnings per share for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.
ITOCHU Company Profile
(
Free Report)
ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company's Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycling businesses.
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