Orix Corp Ads (NYSE:IX) Shares Acquired by Callan Capital LLC

Callan Capital LLC increased its holdings in Orix Corp Ads (NYSE:IX - Free Report) by 496.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,576 shares of the real estate investment trust's stock after buying an additional 57,918 shares during the quarter. Callan Capital LLC's holdings in Orix Corp Ads were worth $1,453,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in Orix Corp Ads by 2.3% in the 4th quarter. Bank of New York Mellon Corp now owns 21,181 shares of the real estate investment trust's stock worth $2,250,000 after purchasing an additional 474 shares in the last quarter. US Bancorp DE boosted its position in Orix Corp Ads by 28.9% in the 4th quarter. US Bancorp DE now owns 7,776 shares of the real estate investment trust's stock worth $826,000 after purchasing an additional 1,742 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Orix Corp Ads by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 27,859 shares of the real estate investment trust's stock worth $2,959,000 after purchasing an additional 1,650 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Orix Corp Ads in the 4th quarter worth approximately $312,000. Finally, Callan Family Office LLC purchased a new stake in Orix Corp Ads in the 4th quarter worth approximately $880,000. Institutional investors and hedge funds own 1.73% of the company's stock.

Orix Corp Ads Price Performance

Shares of NYSE:IX traded up $0.03 during midday trading on Tuesday, reaching $22.31. 116,575 shares of the company's stock traded hands, compared to its average volume of 178,502. Orix Corp Ads has a 1 year low of $17.75 and a 1 year high of $25.17. The company has a market cap of $25.43 billion, a P/E ratio of 11.06, a PEG ratio of 0.82 and a beta of 0.86. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.73 and a current ratio of 1.77. The company has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $20.81.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Orix Corp Ads from a "hold" rating to a "buy" rating in a research report 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.