Greenleaf Trust Has $914,000 Stake in Orix Corp Ads (NYSE:IX)

Greenleaf Trust increased its position in shares of Orix Corp Ads (NYSE:IX - Free Report) by 400.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,750 shares of the real estate investment trust's stock after buying an additional 35,000 shares during the period. Greenleaf Trust's holdings in Orix Corp Ads were worth $914,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in Orix Corp Ads by 2.3% in the fourth quarter. Bank of New York Mellon Corp now owns 21,181 shares of the real estate investment trust's stock valued at $2,250,000 after buying an additional 474 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Orix Corp Ads by 6.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 27,859 shares of the real estate investment trust's stock valued at $2,959,000 after buying an additional 1,650 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Orix Corp Ads during the 4th quarter valued at $312,000. PNC Financial Services Group Inc. raised its holdings in Orix Corp Ads by 3.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,908 shares of the real estate investment trust's stock worth $734,000 after buying an additional 211 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Orix Corp Ads by 40.6% during the fourth quarter. HighTower Advisors LLC now owns 9,770 shares of the real estate investment trust's stock worth $1,038,000 after buying an additional 2,822 shares during the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Orix Corp Ads from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th.

Orix Corp Ads Price Performance

Shares of Orix Corp Ads stock traded up $0.10 on Monday, reaching $22.72. The company's stock had a trading volume of 169,818 shares, compared to its average volume of 179,297. The company has a market capitalization of $25.89 billion, a P/E ratio of 11.26, a PEG ratio of 0.81 and a beta of 0.86. The stock has a 50-day moving average price of $21.33 and a 200-day moving average price of $20.85. 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 52-week low of $17.75 and a 52-week high of $25.17.

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 for the quarter, missing the consensus estimate of $0.66 by ($0.20). The company had revenue of $4.86 billion for the quarter, compared to analysts' expectations of $5.17 billion. Orix Corp Ads had a return on equity of 8.53% and a net margin of 12.24%. Analysts expect that Orix Corp Ads will post 11.31 EPS 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.