Compound Planning Inc. Grows Position in Orix Corp Ads $IX

Key Points

• Compound Planning Inc. significantly increased its stake in Orix Corp Ads by 512.9% during the first quarter, acquiring an additional 13,273 shares, bringing its total holdings to 15,861 shares valued at approximately $331,000.
• Other institutional investors, such as Todd Asset Management LLC and Northern Trust Corp, also made substantial increases in their stakes, with increases of 399.1% and 400.1%, respectively.
• The stock of Orix Corp Ads has displayed robust financial performance, with a recent earnings report indicating earnings per share of $0.65, exceeding analysts' expectations and contributing to a market capitalization of $29.59 billion.

Compound Planning Inc. lifted its position in Orix Corp Ads (NYSE:IX - Free Report) by 512.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,861 shares of the real estate investment trust's stock after purchasing an additional 13,273 shares during the period. Compound Planning Inc.'s holdings in Orix Corp Ads were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in IX. Todd Asset Management LLC lifted its stake in shares of Orix Corp Ads by 399.1% in the 1st quarter. Todd Asset Management LLC now owns 1,727,984 shares of the real estate investment trust's stock valued at $36,098,000 after purchasing an additional 1,381,764 shares during the period. Northern Trust Corp lifted its stake in shares of Orix Corp Ads by 400.1% in the 1st quarter. Northern Trust Corp now owns 1,070,093 shares of the real estate investment trust's stock valued at $22,354,000 after purchasing an additional 856,122 shares during the period. Teachers Retirement System of The State of Kentucky lifted its stake in shares of Orix Corp Ads by 400.0% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 1,058,900 shares of the real estate investment trust's stock valued at $22,120,000 after purchasing an additional 847,120 shares during the period. American Century Companies Inc. lifted its stake in shares of Orix Corp Ads by 449.1% in the 1st quarter. American Century Companies Inc. now owns 467,365 shares of the real estate investment trust's stock valued at $9,763,000 after purchasing an additional 382,251 shares during the period. Finally, Eagle Global Advisors LLC lifted its stake in shares of Orix Corp Ads by 392.5% in the 1st quarter. Eagle Global Advisors LLC now owns 397,500 shares of the real estate investment trust's stock valued at $8,304,000 after purchasing an additional 316,796 shares during the period. 1.73% of the stock is currently owned by institutional investors and hedge funds.

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 Price Performance

Shares of Orix Corp Ads stock traded down $0.27 during trading hours on Friday, reaching $25.88. 189,881 shares of the company's stock were exchanged, compared to its average volume of 148,353. Orix Corp Ads has a 1 year low of $17.75 and a 1 year high of $26.25. The company has a market capitalization of $29.50 billion, a P/E ratio of 11.84, a price-to-earnings-growth ratio of 0.98 and a beta of 0.92. The business has a fifty day moving average of $23.64 and a two-hundred day moving average of $21.63. 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 released its earnings results on Thursday, August 7th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.11. Orix Corp Ads had a net margin of 12.70% and a return on equity of 9.01%. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $4.96 billion. As a group, research analysts predict that Orix Corp Ads will post 11.31 earnings per share for the current fiscal 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.