Orix Corp Ads (NYSE:IX - Get Free Report) saw an uptick in trading volume on Thursday . 526,993 shares changed hands during mid-day trading, an increase of 133% from the previous session's volume of 225,718 shares.The stock last traded at $22.58 and had previously closed at $22.52.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Orix Corp Ads from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th.
Get Our Latest Stock Report on Orix Corp Ads
Orix Corp Ads Price Performance
The company has a market capitalization of $26.42 billion, a price-to-earnings ratio of 11.49, a P/E/G ratio of 0.82 and a beta of 0.92. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.73 and a current ratio of 1.77. The company has a fifty day simple moving average of $22.03 and a two-hundred day simple moving average of $21.03.
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 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.20). Orix Corp Ads had a return on equity of 8.53% and a net margin of 12.24%. The firm had revenue of $4.86 billion for the quarter, compared to analyst estimates of $5.17 billion. As a group, research analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current year.
Institutional Trading of Orix Corp Ads
A number of institutional investors have recently added to or reduced their stakes in the business. Todd Asset Management LLC boosted its position in Orix Corp Ads by 399.1% in the 1st quarter. Todd Asset Management LLC now owns 1,727,984 shares of the real estate investment trust's stock valued at $36,098,000 after buying an additional 1,381,764 shares during the last quarter. Northern Trust Corp increased its stake in shares of Orix Corp Ads by 400.1% in the first quarter. Northern Trust Corp now owns 1,070,093 shares of the real estate investment trust's stock valued at $22,354,000 after purchasing an additional 856,122 shares during the period. Teachers Retirement System of The State of Kentucky boosted its stake in Orix Corp Ads by 400.0% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 1,058,900 shares of the real estate investment trust's stock valued at $22,120,000 after purchasing an additional 847,120 shares in the last quarter. American Century Companies Inc. boosted its stake in Orix Corp Ads by 449.1% during the 1st quarter. American Century Companies Inc. now owns 467,365 shares of the real estate investment trust's stock valued at $9,763,000 after purchasing an additional 382,251 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Orix Corp Ads by 1.3% during the 4th quarter. Bank of America Corp DE now owns 424,770 shares of the real estate investment trust's stock worth $45,123,000 after acquiring an additional 5,301 shares in the last quarter. 1.73% of the stock is owned by hedge funds and other institutional investors.
Orix Corp Ads Company Profile
(
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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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