Orix Corp Ads $IX Stock Holdings Lifted by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its holdings in Orix Corp Ads (NYSE:IX) by 1,318.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,485 shares of the real estate investment trust’s stock after purchasing an additional 19,041 shares during the period. Global Retirement Partners LLC’s holdings in Orix Corp Ads were worth $599,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Caprock Group LLC bought a new stake in Orix Corp Ads in the 3rd quarter valued at about $659,000. Todd Asset Management LLC lifted its position in Orix Corp Ads by 6.1% in the 3rd quarter. Todd Asset Management LLC now owns 1,847,014 shares of the real estate investment trust’s stock valued at $48,244,000 after purchasing an additional 105,837 shares during the last quarter. CTC Alternative Strategies Ltd. bought a new stake in Orix Corp Ads in the 3rd quarter valued at about $895,000. AlphaCore Capital LLC lifted its position in Orix Corp Ads by 6,402.7% in the 3rd quarter. AlphaCore Capital LLC now owns 77,707 shares of the real estate investment trust’s stock valued at $2,030,000 after purchasing an additional 76,512 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its position in Orix Corp Ads by 8.3% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 1,147,000 shares of the real estate investment trust’s stock valued at $29,960,000 after purchasing an additional 88,100 shares during the last quarter. 1.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

IX has been the topic of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Orix Corp Ads in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Orix Corp Ads Stock Down 3.4%

IX stock opened at $38.56 on Thursday. Orix Corp Ads has a 52 week low of $20.93 and a 52 week high of $40.00. The company has a market capitalization of $42.81 billion, a price-to-earnings ratio of 14.44, a price-to-earnings-growth ratio of 1.33 and a beta of 0.84. The firm’s 50-day moving average is $32.86 and its two-hundred day moving average is $31.14. The company has a current ratio of 1.76, a quick ratio of 1.71 and a debt-to-equity ratio of 1.30.

Orix Corp Ads (NYSE:IX) last released its quarterly earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 EPS for the quarter. Orix Corp Ads had a net margin of 13.55% and a return on equity of 9.93%. The company had revenue of $6.03 billion for the quarter. On average, analysts forecast that Orix Corp Ads will post 2.96 earnings per share for the current fiscal year.

Orix Corp Ads Company Profile

ORIX Corporation ADS (NYSE: IX) is the American depositary share listing of ORIX Corporation, a diversified financial services group headquartered in Tokyo, Japan. The company operates across multiple business lines that include leasing and lending, real estate, investment and asset management, and a range of retail and corporate financial services. ORIX’s ADS program allows U.S. investors to access ownership in the Tokyo-based group through shares traded on the New York Stock Exchange.

Core activities include equipment leasing and installment financing for corporate customers, corporate lending and structured finance, and real estate development and property management.