Whittier Trust Co. of Nevada Inc. Boosts Stake in Orix Corp Ads (NYSE:IX)

Whittier Trust Co. of Nevada Inc. grew its stake in shares of Orix Corp Ads (NYSE:IX - Free Report) by 665.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,243 shares of the real estate investment trust's stock after acquiring an additional 20,207 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Orix Corp Ads were worth $485,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC grew its position in Orix Corp Ads by 0.7% during the fourth quarter. Natixis Advisors LLC now owns 39,824 shares of the real estate investment trust's stock valued at $4,231,000 after buying an additional 294 shares during the period. Franklin Resources Inc. grew its holdings in 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 worth $334,000 after acquiring an additional 300 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Orix Corp Ads by 1.6% in the 4th quarter. Sei Investments Co. now owns 22,715 shares of the real estate investment trust's stock valued at $2,413,000 after buying an additional 367 shares in the last quarter. Bank of New York Mellon Corp raised its position in Orix Corp Ads by 2.3% during the 4th quarter. Bank of New York Mellon Corp now owns 21,181 shares of the real estate investment trust's stock worth $2,250,000 after buying an additional 474 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Orix Corp Ads by 18.5% during the 4th quarter. BNP Paribas Financial Markets now owns 3,437 shares of the real estate investment trust's stock valued at $365,000 after purchasing an additional 537 shares in the last quarter. 1.73% of the stock is currently owned by hedge funds and other institutional investors.

Orix Corp Ads Trading Up 1.1%

IX traded up $0.24 during midday trading on Monday, hitting $22.59. The company's stock had a trading volume of 116,879 shares, compared to its average volume of 181,025. The company has a current ratio of 1.77, a quick ratio of 1.73 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. The firm has a market cap of $25.75 billion, a P/E ratio of 11.07, a PEG ratio of 0.80 and a beta of 0.86. The firm has a 50-day moving average price of $21.56 and a two-hundred day moving average price of $20.89.

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 EPS 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 net margin of 12.24% and a return on equity of 8.53%. On average, research analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current year.

Analysts Set New Price Targets

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 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.