Greenleaf Trust Raises Stake in Orix Corp Ads (NYSE:IX)

Greenleaf Trust lifted its stake in Orix Corp Ads (NYSE:IX - Free Report) by 400.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,750 shares of the real estate investment trust's stock after purchasing an additional 35,000 shares during the quarter. Greenleaf Trust's holdings in Orix Corp Ads were worth $914,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Gitterman Wealth Management LLC grew its position in Orix Corp Ads by 9.2% during 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 during the last quarter. PNC Financial Services Group Inc. grew its position in Orix Corp Ads by 3.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,908 shares of the real estate investment trust's stock valued at $734,000 after purchasing an additional 211 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Orix Corp Ads by 6.4% during the 4th quarter. Sequoia Financial Advisors LLC now owns 4,536 shares of the real estate investment trust's stock valued at $482,000 after acquiring an additional 273 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Orix Corp Ads by 0.7% during the 4th quarter. Natixis Advisors LLC now owns 39,824 shares of the real estate investment trust's stock valued at $4,231,000 after acquiring an additional 294 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Orix Corp Ads by 10.6% during the 4th quarter. Franklin Resources Inc. now owns 3,141 shares of the real estate investment trust's stock valued at $334,000 after acquiring an additional 300 shares during the last quarter. 1.73% of the stock is owned by institutional investors.

Orix Corp Ads Stock Performance

Shares of NYSE IX traded down $0.05 during trading on Friday, reaching $22.62. 111,182 shares of the company traded hands, compared to its average volume of 178,798. The firm has a 50 day simple moving average of $21.28 and a 200-day simple moving average of $20.84. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $25.77 billion, a PE ratio of 11.21, a P/E/G ratio of 0.81 and a beta of 0.86. 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 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). The company had revenue of $4.86 billion for the quarter, compared to analysts' expectations of $5.17 billion. Orix Corp Ads had a net margin of 12.24% and a return on equity of 8.53%. Equities research analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.