Orix Corp Ads $IX Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its position in shares of Orix Corp Ads (NYSE:IX) by 1,318.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in Orix Corp Ads during the 4th quarter valued at $34,000. Geneos Wealth Management Inc. grew its holdings in Orix Corp Ads by 4,325.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,080 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 2,033 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Orix Corp Ads by 56.5% during the 4th quarter. Farther Finance Advisors LLC now owns 3,212 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 1,160 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Orix Corp Ads by 217.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,497 shares of the real estate investment trust’s stock valued at $117,000 after purchasing an additional 3,080 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in Orix Corp Ads by 89.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,716 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 2,232 shares in the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Orix Corp Ads Trading Down 3.4%

Orix Corp Ads stock opened at $38.56 on Thursday. The firm’s 50-day moving average is $32.86 and its 200-day moving average is $31.14. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.71 and a current ratio of 1.76. Orix Corp Ads has a 1 year low of $20.93 and a 1 year high of $40.00. The company has a market cap of $42.81 billion, a P/E ratio of 14.44, a PEG ratio of 1.33 and a beta of 0.84.

Orix Corp Ads (NYSE:IX) last posted its quarterly earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 earnings per share (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, equities analysts expect that Orix Corp Ads will post 2.96 earnings per share for the current year.

Analysts Set New Price Targets

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

Orix Corp Ads 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.