Orix Corp Ads $IX Shares Bought by Townsquare Capital LLC

Townsquare Capital LLC lifted its holdings in shares of Orix Corp Ads (NYSE:IX - Free Report) by 371.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,617 shares of the real estate investment trust's stock after purchasing an additional 13,883 shares during the quarter. Townsquare Capital LLC's holdings in Orix Corp Ads were worth $368,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. BNP Paribas Financial Markets boosted 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 worth $365,000 after purchasing an additional 537 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Orix Corp Ads by 48.7% during the fourth quarter. LPL Financial LLC now owns 2,648 shares of the real estate investment trust's stock worth $281,000 after purchasing an additional 867 shares during the last quarter. Bruce G. Allen Investments LLC boosted its holdings in shares of Orix Corp Ads by 388.5% during 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 purchasing an additional 1,010 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Orix Corp Ads by 234.7% during the first quarter. Farther Finance Advisors LLC now owns 1,563 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 1,096 shares during the last quarter. Finally, Aquatic Capital Management LLC raised its position in shares of Orix Corp Ads by 1,310.0% in the 4th quarter. Aquatic Capital Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $150,000 after buying an additional 1,310 shares during the period. Institutional investors and hedge funds own 1.73% of the company's stock.

Orix Corp Ads Stock Up 3.0%

NYSE:IX traded up $0.7750 during mid-day trading on Friday, hitting $26.2150. The company had a trading volume of 20,671 shares, compared to its average volume of 218,580. The business has a fifty day simple moving average of $23.09 and a 200-day simple moving average of $21.42. The company has a current ratio of 1.76, a quick ratio of 1.72 and a debt-to-equity ratio of 1.36. Orix Corp Ads has a 1 year low of $17.75 and a 1 year high of $26.25. The firm has a market capitalization of $29.88 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 0.97 and a beta of 0.92.

Orix Corp Ads (NYSE:IX - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.65 EPS for the quarter, beating the consensus estimate of $0.54 by $0.11. Orix Corp Ads had a return on equity of 9.01% and a net margin of 12.70%.The company had revenue of $5.21 billion for the quarter, compared to analyst estimates of $4.96 billion. Equities analysts forecast that Orix Corp Ads will post 11.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen raised Orix Corp Ads from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 9th.

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.