Orix Corp Ads (NYSE:IX) Shares Bought by Whittier Trust Co.

Whittier Trust Co. lifted its stake in Orix Corp Ads (NYSE:IX - Free Report) by 458.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,311 shares of the real estate investment trust's stock after buying an additional 62,656 shares during the quarter. Whittier Trust Co.'s holdings in Orix Corp Ads were worth $1,593,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC boosted its holdings in shares of Orix Corp Ads by 6.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 4,536 shares of the real estate investment trust's stock worth $482,000 after purchasing an additional 273 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Orix Corp Ads by 0.7% in the 4th quarter. Natixis Advisors LLC now owns 39,824 shares of the real estate investment trust's stock worth $4,231,000 after purchasing an additional 294 shares during the period. Franklin Resources Inc. boosted 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 valued at $334,000 after acquiring an additional 300 shares during the period. Sei Investments Co. boosted its holdings in Orix Corp Ads by 1.6% during 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 acquiring an additional 367 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings 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 valued at $2,250,000 after acquiring an additional 474 shares during the period. Institutional investors own 1.73% of the company's stock.

Orix Corp Ads Stock Performance

NYSE:IX traded up $0.05 during midday trading on Friday, hitting $22.34. The company's stock had a trading volume of 116,340 shares, compared to its average volume of 181,282. The firm's 50 day moving average is $21.56 and its 200-day moving average is $20.89. The firm has a market cap of $25.46 billion, a P/E ratio of 11.07, a P/E/G ratio of 0.80 and a beta of 0.86. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.77 and a quick ratio of 1.73. Orix Corp Ads has a fifty-two week low of $17.75 and a fifty-two week high of $25.17.

Orix Corp Ads (NYSE:IX - Get Free Report) last issued 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 company 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%. Equities analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

About Orix Corp Ads

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.