Campbell & CO Investment Adviser LLC Purchases 62,754 Shares of Orix Corp Ads $IX

Key Points

• Campbell & CO Investment Adviser LLC significantly increased its holdings in Orix Corp Ads by 757.9%, acquiring an additional 62,754 shares, bringing its total to 71,034 shares valued at approximately $1.48 million.
• Several other institutional investors, including Smartleaf Asset Management LLC and Northern Trust Corp, also boosted their positions in Orix Corp Ads by substantial percentages, indicating increased interest from the investment community.
• Orix Corp Ads reported strong quarterly earnings, with $0.65 EPS that exceeded analysts' estimates, along with revenue of $5.21 billion, surpassing the expected $4.96 billion.

Campbell & CO Investment Adviser LLC lifted its position in Orix Corp Ads (NYSE:IX - Free Report) by 757.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,034 shares of the real estate investment trust's stock after buying an additional 62,754 shares during the quarter. Campbell & CO Investment Adviser LLC's holdings in Orix Corp Ads were worth $1,484,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC grew its stake in shares of 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 valued at $27,000 after buying an additional 1,010 shares in the last quarter. Brooklyn Investment Group grew its stake in shares of Orix Corp Ads by 132,800.0% in the first quarter. Brooklyn Investment Group now owns 1,329 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 1,328 shares in the last quarter. Aquatic Capital Management LLC grew its stake in shares of Orix Corp Ads by 1,310.0% in the fourth quarter. Aquatic Capital Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $150,000 after buying an additional 1,310 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Orix Corp Ads by 234.7% in the first quarter. Farther Finance Advisors LLC now owns 1,563 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 1,096 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new position in shares of Orix Corp Ads in the first quarter valued at $34,000. 1.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Orix Corp Ads from a "strong-buy" rating to a "buy" rating in a research report on Friday, August 22nd.

Orix Corp Ads Stock Performance

Shares of Orix Corp Ads stock traded down $0.27 during trading on Friday, reaching $25.88. The company's stock had a trading volume of 189,881 shares, compared to its average volume of 149,464. The business's 50-day moving average price is $23.64 and its 200-day moving average price is $21.63. The firm has a market cap of $29.50 billion, a PE ratio of 11.84, a P/E/G ratio of 0.98 and a beta of 0.89. Orix Corp Ads has a 52 week low of $17.75 and a 52 week high of $26.25. The company has a quick ratio of 1.72, a current ratio of 1.76 and a debt-to-equity ratio of 1.36.

Orix Corp Ads (NYSE:IX - Get Free Report) last announced its earnings results on Thursday, August 7th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.11. The company had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $4.96 billion. Orix Corp Ads had a net margin of 12.70% and a return on equity of 9.01%. Equities analysts forecast that Orix Corp Ads will post 11.31 earnings per share for the current year.

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.