Orix Corp Ads (NYSE:IX) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Friday.

A number of other research firms have also weighed in on IX. Zacks Investment Research lowered Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. TheStreet raised Orix Corp Ads from a “c+” rating to a “b” rating in a research report on Thursday, June 8th.

Orix Corp Ads (NYSE IX) traded up 0.36% during midday trading on Friday, hitting $80.44. The stock had a trading volume of 21,086 shares. The stock’s 50-day moving average is $80.44 and its 200-day moving average is $78.35. Orix Corp Ads has a 1-year low of $68.43 and a 1-year high of $84.07. The stock has a market capitalization of $20.58 billion, a PE ratio of 8.06 and a beta of 1.43.

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Several hedge funds have recently bought and sold shares of the company. Strategic Global Advisors LLC raised its stake in Orix Corp Ads by 0.6% in the second quarter. Strategic Global Advisors LLC now owns 5,675 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 36 shares during the last quarter. Proficio Capital Partners LLC raised its stake in Orix Corp Ads by 3.6% in the second quarter. Proficio Capital Partners LLC now owns 1,262 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 44 shares during the last quarter. Stifel Financial Corp raised its stake in Orix Corp Ads by 0.5% in the second quarter. Stifel Financial Corp now owns 19,543 shares of the real estate investment trust’s stock worth $1,520,000 after buying an additional 94 shares during the last quarter. Neuberger Berman Group LLC raised its stake in Orix Corp Ads by 2.9% in the second quarter. Neuberger Berman Group LLC now owns 7,105 shares of the real estate investment trust’s stock worth $554,000 after buying an additional 202 shares during the last quarter. Finally, ETRADE Capital Management LLC raised its stake in Orix Corp Ads by 5.7% in the second quarter. ETRADE Capital Management LLC now owns 5,407 shares of the real estate investment trust’s stock worth $421,000 after buying an additional 290 shares during the last quarter. 1.91% of the stock is owned by institutional investors and hedge funds.

Orix Corp Ads Company Profile

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