ORIX Co. (NYSE:IX) Holdings Boosted by Atomi Financial Group Inc.

Atomi Financial Group Inc. grew its stake in shares of ORIX Co. (NYSE:IX) by 23.9% in the 3rd quarter, Holdings Channel reports. The firm owned 2,776 shares of the real estate investment trust’s stock after acquiring an additional 535 shares during the quarter. Atomi Financial Group Inc.’s holdings in ORIX were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in ORIX by 44.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,533 shares of the real estate investment trust’s stock valued at $178,000 after purchasing an additional 473 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of ORIX by 12.5% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 197,640 shares of the real estate investment trust’s stock valued at $21,997,000 after purchasing an additional 22,000 shares during the period. Truist Financial Corp raised its holdings in shares of ORIX by 4.7% during the second quarter. Truist Financial Corp now owns 1,915 shares of the real estate investment trust’s stock valued at $213,000 after buying an additional 86 shares during the last quarter. Kathmere Capital Management LLC boosted its position in shares of ORIX by 12.6% during the second quarter. Kathmere Capital Management LLC now owns 4,780 shares of the real estate investment trust’s stock worth $532,000 after buying an additional 536 shares during the period. Finally, AQR Capital Management LLC grew its holdings in ORIX by 79.3% in the 2nd quarter. AQR Capital Management LLC now owns 3,762 shares of the real estate investment trust’s stock worth $419,000 after buying an additional 1,664 shares in the last quarter. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded ORIX from a “buy” rating to a “hold” rating in a research note on Wednesday, August 7th.

ORIX Stock Performance

IX stock opened at $112.17 on Friday. The company has a 50-day simple moving average of $117.95 and a 200 day simple moving average of $112.24. The company has a market capitalization of $26.05 billion, a P/E ratio of 10.92, a PEG ratio of 0.95 and a beta of 0.90. The company has a quick ratio of 1.77, a current ratio of 1.81 and a debt-to-equity ratio of 1.38. ORIX Co. has a fifty-two week low of $86.05 and a fifty-two week high of $125.84.

ORIX (NYSE:IX) last issued its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $2.41 earnings per share for the quarter. ORIX had a net margin of 13.01% and a return on equity of 9.29%. The company had revenue of $4.54 billion during the quarter. Sell-side analysts predict that ORIX Co. will post 11.23 earnings per share for the current fiscal year.

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.