Vise Technologies Inc. Buys 27,457 Shares of Orix Corp Ads $IX

Vise Technologies Inc. boosted its stake in Orix Corp Ads (NYSE:IX - Free Report) by 30.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,008 shares of the real estate investment trust's stock after purchasing an additional 27,457 shares during the period. Vise Technologies Inc.'s holdings in Orix Corp Ads were worth $4,450,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Bank of America Corp DE lifted its position in Orix Corp Ads by 0.9% in the first quarter. Bank of America Corp DE now owns 2,893,892 shares of the real estate investment trust's stock valued at $86,788,000 after purchasing an additional 25,662 shares during the last quarter. Quantinno Capital Management LP grew its holdings in shares of Orix Corp Ads by 16.3% in the first quarter. Quantinno Capital Management LP now owns 924,415 shares of the real estate investment trust's stock worth $27,723,000 after purchasing an additional 129,739 shares during the last quarter. QRG Capital Management Inc. grew its holdings in shares of Orix Corp Ads by 8.5% in the second quarter. QRG Capital Management Inc. now owns 166,395 shares of the real estate investment trust's stock worth $6,330,000 after purchasing an additional 13,092 shares during the last quarter. Gradient Investments LLC grew its holdings in shares of Orix Corp Ads by 4.9% in the second quarter. Gradient Investments LLC now owns 165,151 shares of the real estate investment trust's stock worth $6,282,000 after purchasing an additional 7,697 shares during the last quarter. Finally, Calamos Advisors LLC purchased a new position in shares of Orix Corp Ads in the first quarter worth $4,899,000. 1.73% of the stock is owned by hedge funds and other institutional investors.

Orix Corp Ads Trading Down 0.8%

Shares of IX opened at $36.46 on Wednesday. The firm's 50-day moving average price is $38.15 and its 200-day moving average price is $36.10. The firm has a market capitalization of $40.48 billion, a price-to-earnings ratio of 10.24, a PEG ratio of 0.72 and a beta of 0.92. The company has a current ratio of 2.15, a quick ratio of 2.07 and a debt-to-equity ratio of 1.20. Orix Corp Ads has a 1-year low of $24.31 and a 1-year high of $42.39.

Orix Corp Ads (NYSE:IX - Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The real estate investment trust reported $1.57 earnings per share (EPS) for the quarter. Orix Corp Ads had a net margin of 18.02% and a return on equity of 13.11%. The company had revenue of $7.06 billion for the quarter. Sell-side analysts anticipate that Orix Corp Ads will post 5.16 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on IX shares. Zacks Research lowered shares of Orix Corp Ads from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. Weiss Ratings raised shares of Orix Corp Ads from a "hold (c+)" rating to a "buy (b)" rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy".

Orix Corp Ads Company Profile

ORIX Corporation is a diversified financial services company headquartered in Tokyo, Japan. Founded in 1964 as a leasing business, the company has expanded into a broad range of services for corporate and retail customers, including equipment and automobile leasing, loans, investment products, insurance, and banking-related services.

ORIX also operates businesses in real estate, private equity and concession investments, aircraft leasing, ships and transportation equipment, and environmental and energy services.

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