Orix Corp Ads (NYSE:IX) Position Increased by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC raised its stake in Orix Corp Ads (NYSE:IX - Free Report) by 426.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,057 shares of the real estate investment trust's stock after acquiring an additional 17,869 shares during the period. Aaron Wealth Advisors LLC's holdings in Orix Corp Ads were worth $461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Bruce G. Allen Investments LLC raised its position in Orix Corp Ads by 388.5% in the first quarter. Bruce G. Allen Investments LLC now owns 1,270 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 1,010 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Orix Corp Ads by 234.7% in the 1st quarter. Farther Finance Advisors LLC now owns 1,563 shares of the real estate investment trust's stock worth $33,000 after buying an additional 1,096 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Orix Corp Ads by 3,582.3% during the 1st quarter. Bessemer Group Inc. now owns 2,283 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 2,221 shares during the period. GAMMA Investing LLC raised its holdings in shares of Orix Corp Ads by 343.2% in the 1st quarter. GAMMA Investing LLC now owns 5,708 shares of the real estate investment trust's stock worth $119,000 after purchasing an additional 4,420 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position in Orix Corp Ads by 282.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 941 shares in the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Orix Corp Ads from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th.

Orix Corp Ads Stock Performance

IX traded up $0.07 during trading hours on Friday, hitting $22.89. 94,250 shares of the stock were exchanged, compared to its average volume of 177,849. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 11.34, a price-to-earnings-growth ratio of 0.82 and a beta of 0.86. The stock has a 50-day simple moving average of $21.03 and a 200-day simple moving average of $20.80. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.77 and a quick ratio of 1.73. Orix Corp Ads has a 12 month low of $17.75 and a 12 month high of $25.17.

Orix Corp Ads (NYSE:IX - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.20). The business had revenue of $4.86 billion for the quarter, compared to analyst estimates of $5.17 billion. Orix Corp Ads had a return on equity of 8.53% and a net margin of 12.24%. Analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current year.

Orix Corp Ads 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.