Whittier Trust Co. of Nevada Inc. Acquires 20,207 Shares of Orix Corp Ads (NYSE:IX)

Whittier Trust Co. of Nevada Inc. grew its position in Orix Corp Ads (NYSE:IX - Free Report) by 665.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 23,243 shares of the real estate investment trust's stock after buying an additional 20,207 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Orix Corp Ads were worth $485,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Natixis Advisors LLC raised its holdings in shares of 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 purchasing an additional 294 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Orix Corp Ads by 10.6% during the fourth quarter. Franklin Resources Inc. now owns 3,141 shares of the real estate investment trust's stock valued at $334,000 after purchasing an additional 300 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Orix Corp Ads by 1.6% during the fourth quarter. Sei Investments Co. now owns 22,715 shares of the real estate investment trust's stock valued at $2,413,000 after purchasing an additional 367 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Orix Corp Ads by 2.3% during 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 purchasing an additional 474 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Orix Corp Ads by 18.5% during the fourth 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 during the last quarter. 1.73% of the stock is owned by hedge funds and other institutional investors.

Orix Corp Ads Stock Performance

Shares of IX traded up $0.05 during mid-day trading on Friday, hitting $22.34. 116,340 shares of the company traded hands, compared to its average volume of 180,670. 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 stock has a 50-day moving average price of $21.52 and a two-hundred day moving average price of $20.88. Orix Corp Ads has a 1 year low of $17.75 and a 1 year high of $25.17. The stock has a market cap of $25.46 billion, a price-to-earnings ratio of 11.07, a P/E/G ratio of 0.80 and a beta of 0.86.

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 (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.20). The business had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $5.17 billion. Orix Corp Ads had a net margin of 12.24% and a return on equity of 8.53%. Equities analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

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 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.