Kathmere Capital Management LLC Acquires 21,855 Shares of Orix Corp Ads (NYSE:IX)

Kathmere Capital Management LLC raised its stake in shares of Orix Corp Ads (NYSE:IX - Free Report) by 437.1% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 26,855 shares of the real estate investment trust's stock after purchasing an additional 21,855 shares during the period. Kathmere Capital Management LLC's holdings in Orix Corp Ads were worth $561,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bruce G. Allen Investments LLC boosted its stake in shares of Orix Corp Ads by 388.5% in the first 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 during the period. Farther Finance Advisors LLC boosted its stake in shares of Orix Corp Ads by 234.7% in the first quarter. Farther Finance Advisors LLC now owns 1,563 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 1,096 shares during the period. Wayfinding Financial LLC bought a new position in shares of Orix Corp Ads in the first quarter worth about $34,000. Bessemer Group Inc. boosted its stake in shares of Orix Corp Ads by 3,582.3% in the first quarter. Bessemer Group Inc. now owns 2,283 shares of the real estate investment trust's stock worth $48,000 after acquiring an additional 2,221 shares during the period. Finally, Cromwell Holdings LLC boosted its stake in shares of Orix Corp Ads by 400.0% in the first quarter. Cromwell Holdings LLC now owns 3,050 shares of the real estate investment trust's stock worth $64,000 after acquiring an additional 2,440 shares during the period. Institutional investors own 1.73% of the company's stock.

Wall Street Analyst Weigh In

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

Orix Corp Ads (NYSE:IX - Get Free Report) last posted its earnings results on Monday, May 12th. The real estate investment trust reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.20). The firm had revenue of $4.86 billion during 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%. Research analysts expect that Orix Corp Ads will post 11.31 EPS 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.