Crossmark Global Holdings Inc. Purchases 101,533 Shares of Orix Corp Ads (NYSE:IX)

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

Several other large investors also recently modified their holdings of IX. Boston Common Asset Management LLC increased its holdings in Orix Corp Ads by 528.1% in the 1st quarter. Boston Common Asset Management LLC now owns 283,088 shares of the real estate investment trust's stock valued at $5,914,000 after buying an additional 238,014 shares during the period. Henry James International Management Inc. increased its holdings in Orix Corp Ads by 400.0% in the 1st quarter. Henry James International Management Inc. now owns 278,869 shares of the real estate investment trust's stock valued at $5,826,000 after buying an additional 223,096 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Orix Corp Ads by 482.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 240,475 shares of the real estate investment trust's stock valued at $5,009,000 after buying an additional 199,192 shares during the period. QRG Capital Management Inc. increased its holdings in Orix Corp Ads by 352.5% in the 1st quarter. QRG Capital Management Inc. now owns 247,085 shares of the real estate investment trust's stock valued at $5,162,000 after buying an additional 192,478 shares during the period. Finally, Gilman Hill Asset Management LLC increased its holdings in Orix Corp Ads by 435.6% in the 1st quarter. Gilman Hill Asset Management LLC now owns 195,964 shares of the real estate investment trust's stock valued at $4,094,000 after buying an additional 159,374 shares during the period. 1.73% of the stock is owned by institutional investors.

Orix Corp Ads Price Performance

Shares of IX traded down $0.09 during mid-day trading on Friday, reaching $22.58. The company had a trading volume of 42,782 shares, compared to its average volume of 178,189. The company's 50 day simple moving average is $21.28 and its 200 day simple moving average is $20.84. Orix Corp Ads has a 1-year low of $17.75 and a 1-year high of $25.17. 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 market capitalization of $25.73 billion, a price-to-earnings ratio of 11.19, a P/E/G ratio of 0.81 and a beta of 0.86.

Orix Corp Ads (NYSE:IX - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The real estate investment trust reported $0.46 earnings per share 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 company had revenue of $4.86 billion during the quarter, compared to analyst estimates of $5.17 billion. Analysts expect that Orix Corp Ads will post 11.31 EPS for the current year.

Analyst Upgrades and Downgrades

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