Allspring Global Investments Holdings LLC Has $5.01 Million Holdings in Orix Corp Ads (NYSE:IX)

Allspring Global Investments Holdings LLC boosted its holdings in Orix Corp Ads (NYSE:IX - Free Report) by 482.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 240,475 shares of the real estate investment trust's stock after buying an additional 199,192 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in Orix Corp Ads were worth $5,009,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bessemer Group Inc. boosted its stake in Orix Corp Ads by 3,582.3% in the first 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 in the last quarter. Yousif Capital Management LLC boosted its stake in shares of Orix Corp Ads by 202.9% during the first quarter. Yousif Capital Management LLC now owns 11,300 shares of the real estate investment trust's stock valued at $236,000 after purchasing an additional 7,570 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Orix Corp Ads by 343.2% during the first quarter. GAMMA Investing LLC now owns 5,708 shares of the real estate investment trust's stock valued at $119,000 after purchasing an additional 4,420 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of Orix Corp Ads during the fourth quarter valued at about $273,000. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of Orix Corp Ads by 352.1% during the first quarter. Sequoia Financial Advisors LLC now owns 20,505 shares of the real estate investment trust's stock valued at $428,000 after purchasing an additional 15,969 shares in the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Orix Corp Ads Trading Up 0.1%

Shares of Orix Corp Ads stock traded up $0.03 during midday trading on Tuesday, reaching $22.31. The company had a trading volume of 116,575 shares, compared to its average volume of 178,502. The stock has a fifty day moving average price of $21.13 and a 200 day moving average price of $20.81. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.77 and a quick ratio of 1.73. The firm has a market cap of $25.43 billion, a PE ratio of 11.06, a P/E/G ratio of 0.80 and a beta of 0.86. Orix Corp Ads has a fifty-two week low of $17.75 and a fifty-two week high of $25.17.

Orix Corp Ads (NYSE:IX - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The real estate investment trust reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.20). The company had revenue of $4.86 billion during 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%. On average, equities analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Orix Corp Ads 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.