Vanguard Personalized Indexing Management LLC Purchases 26,412 Shares of Orix Corp Ads $IX

Vanguard Personalized Indexing Management LLC boosted its holdings in Orix Corp Ads (NYSE:IX) by 14.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,869 shares of the real estate investment trust’s stock after acquiring an additional 26,412 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Orix Corp Ads were worth $5,434,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE raised its stake in Orix Corp Ads by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 2,353,948 shares of the real estate investment trust’s stock valued at $53,011,000 after buying an additional 99,516 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Orix Corp Ads by 16.3% during the 2nd quarter. American Century Companies Inc. now owns 543,509 shares of the real estate investment trust’s stock valued at $12,240,000 after buying an additional 76,144 shares in the last quarter. Quantinno Capital Management LP lifted its position in shares of Orix Corp Ads by 88.2% in the second quarter. Quantinno Capital Management LP now owns 481,327 shares of the real estate investment trust’s stock valued at $10,839,000 after acquiring an additional 225,580 shares in the last quarter. Eagle Global Advisors LLC boosted its stake in Orix Corp Ads by 0.6% in the 3rd quarter. Eagle Global Advisors LLC now owns 314,910 shares of the real estate investment trust’s stock worth $8,225,000 after purchasing an additional 1,745 shares during the period. Finally, QRG Capital Management Inc. boosted its position in shares of Orix Corp Ads by 1.3% during the second quarter. QRG Capital Management Inc. now owns 250,177 shares of the real estate investment trust’s stock worth $5,634,000 after acquiring an additional 3,092 shares during the last quarter. Institutional investors own 1.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Orix Corp Ads in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Orix Corp Ads currently has an average rating of “Buy”.

Orix Corp Ads Stock Down 1.6%

Orix Corp Ads stock traded down $0.49 during midday trading on Wednesday, hitting $30.07. 8,550 shares of the company’s stock were exchanged, compared to its average volume of 174,278. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.77 and a current ratio of 1.81. The company has a market cap of $34.27 billion, a PE ratio of 11.51, a P/E/G ratio of 0.93 and a beta of 0.73. The firm has a 50-day moving average of $28.89 and a two-hundred day moving average of $26.46. Orix Corp Ads has a 12 month low of $17.75 and a 12 month high of $30.82.

Orix Corp Ads (NYSE:IX) last announced its earnings results on Wednesday, November 12th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.42. The company had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $4.87 billion. Orix Corp Ads had a net margin of 14.53% and a return on equity of 10.30%. As a group, analysts expect that Orix Corp Ads will post 11.31 earnings per share for the current fiscal year.

Orix Corp Ads Profile

ORIX Corporation ADS (NYSE: IX) is the American depositary share listing of ORIX Corporation, a diversified financial services group headquartered in Tokyo, Japan. The company operates across multiple business lines that include leasing and lending, real estate, investment and asset management, and a range of retail and corporate financial services. ORIX’s ADS program allows U.S. investors to access ownership in the Tokyo-based group through shares traded on the New York Stock Exchange.

Core activities include equipment leasing and installment financing for corporate customers, corporate lending and structured finance, and real estate development and property management.