Signaturefd LLC Acquires 14,529 Shares of Orix Corp Ads (NYSE:IX)

Signaturefd LLC lifted its stake in shares of Orix Corp Ads (NYSE:IX - Free Report) by 400.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,156 shares of the real estate investment trust's stock after acquiring an additional 14,529 shares during the quarter. Signaturefd LLC's holdings in Orix Corp Ads were worth $379,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Bank of New York Mellon Corp grew its position in Orix Corp Ads by 2.3% in the fourth 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. Charles Schwab Investment Management Inc. grew its position in Orix Corp Ads by 6.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 27,859 shares of the real estate investment trust's stock worth $2,959,000 after buying an additional 1,650 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Orix Corp Ads in the fourth quarter worth approximately $312,000. HighTower Advisors LLC grew its position in Orix Corp Ads by 40.6% in the fourth quarter. HighTower Advisors LLC now owns 9,770 shares of the real estate investment trust's stock worth $1,038,000 after buying an additional 2,822 shares during the last quarter. Finally, Natixis Advisors LLC grew its position in Orix Corp Ads by 0.7% in the fourth quarter. Natixis Advisors LLC now owns 39,824 shares of the real estate investment trust's stock worth $4,231,000 after buying an additional 294 shares during the last quarter. Institutional investors and hedge funds own 1.73% of the company's stock.

Orix Corp Ads Stock Up 0.2%

Shares of IX stock traded up $0.05 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 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. The firm's fifty day moving average price is $21.56 and its 200-day moving average price is $20.89. The stock has a market capitalization 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 released its quarterly earnings data 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). Orix Corp Ads had a net margin of 12.24% and a return on equity of 8.53%. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $5.17 billion. Research analysts anticipate that Orix Corp Ads will post 11.31 EPS 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 research note 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.