Orix Corp Ads (NYSE:IX) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its holdings in Orix Corp Ads (NYSE:IX - Free Report) by 309.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 134,339 shares of the real estate investment trust's stock after purchasing an additional 101,533 shares during the period. Crossmark Global Holdings Inc.'s holdings in Orix Corp Ads were worth $2,806,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Bruce G. Allen Investments LLC lifted its stake in Orix Corp Ads by 388.5% during the 1st 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. Aquatic Capital Management LLC raised its position in Orix Corp Ads by 1,310.0% in the 4th quarter. Aquatic Capital Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $150,000 after purchasing an additional 1,310 shares in the last quarter. Farther Finance Advisors LLC raised its position 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 valued at $33,000 after purchasing an additional 1,096 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in Orix Corp Ads in the 1st quarter valued at about $34,000. Finally, Gitterman Wealth Management LLC raised its position in Orix Corp Ads by 9.2% in the 4th quarter. Gitterman Wealth Management LLC now owns 1,927 shares of the real estate investment trust's stock valued at $205,000 after purchasing an additional 162 shares in the last quarter. Institutional investors and hedge funds own 1.73% of the company's stock.

Orix Corp Ads Stock Performance

NYSE:IX traded down $0.05 during mid-day trading on Friday, reaching $22.62. 111,182 shares of the stock were exchanged, compared to its average volume of 179,335. The company has a 50 day simple moving average of $21.33 and a 200-day simple moving average of $20.85. The stock has a market capitalization of $25.77 billion, a P/E ratio of 11.21, a P/E/G ratio of 0.81 and a beta of 0.86. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.37. Orix Corp Ads has a 1 year low of $17.75 and a 1 year high of $25.17.

Orix Corp Ads (NYSE:IX - Get Free Report) last released its quarterly 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 return on equity of 8.53% and a net margin of 12.24%. The firm had revenue of $4.86 billion for the quarter, compared to analysts' expectations of $5.17 billion. Analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current fiscal 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 report on Tuesday, May 13th.

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.