Trexquant Investment LP Invests $426,000 in Orix Corp Ads $IX

Trexquant Investment LP purchased a new position in shares of Orix Corp Ads (NYSE:IX - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,393 shares of the real estate investment trust's stock, valued at approximately $426,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bruce G. Allen Investments LLC boosted its position 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 buying an additional 1,010 shares during the period. Brooklyn Investment Group boosted its holdings in Orix Corp Ads by 132,800.0% in the first quarter. Brooklyn Investment Group now owns 1,329 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 1,328 shares during the period. Farther Finance Advisors LLC boosted its holdings in Orix Corp Ads by 234.7% in the first quarter. Farther Finance Advisors LLC now owns 1,563 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 1,096 shares during the period. Wayfinding Financial LLC purchased a new position in Orix Corp Ads in the first quarter valued at $34,000. Finally, Brentview Investment Management LLC purchased a new position in Orix Corp Ads in the first quarter valued at $37,000. 1.73% of the stock is currently owned by hedge funds and other institutional investors.

Orix Corp Ads Stock Up 1.6%

Orix Corp Ads stock opened at $26.65 on Tuesday. Orix Corp Ads has a 1-year low of $17.75 and a 1-year high of $26.67. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.76 and a quick ratio of 1.72. The stock has a market cap of $30.37 billion, a PE ratio of 12.19, a P/E/G ratio of 0.99 and a beta of 0.89. The stock's fifty day moving average is $24.16 and its two-hundred day moving average is $21.87.

Orix Corp Ads (NYSE:IX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $4.96 billion. On average, sell-side analysts expect that Orix Corp Ads will post 11.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Orix Corp Ads from a "strong-buy" rating to a "buy" rating in a report on Friday, August 22nd.

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.

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