Orix Corp Ads $IX Shares Bought by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Orix Corp Ads (NYSE:IX) by 12.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,528 shares of the real estate investment trust’s stock after buying an additional 17,330 shares during the period. Sei Investments Co.’s holdings in Orix Corp Ads were worth $4,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in IX. Atlas Capital Advisors Inc. acquired a new stake in shares of Orix Corp Ads during the 4th quarter worth about $28,000. V Square Quantitative Management LLC acquired a new position in Orix Corp Ads in the fourth quarter valued at approximately $34,000. Kestra Advisory Services LLC acquired a new position in Orix Corp Ads in the fourth quarter valued at approximately $35,000. Geneos Wealth Management Inc. increased its stake in Orix Corp Ads by 4,325.5% in the first quarter. Geneos Wealth Management Inc. now owns 2,080 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 2,033 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Orix Corp Ads by 56.5% in the fourth quarter. Farther Finance Advisors LLC now owns 3,212 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 1,160 shares during the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Orix Corp Ads Stock Performance

NYSE:IX opened at $41.19 on Thursday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.77 and a quick ratio of 1.73. The firm has a market cap of $45.73 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 0.87 and a beta of 0.88. The firm’s fifty day moving average price is $39.37 and its 200 day moving average price is $35.09. Orix Corp Ads has a 1-year low of $23.62 and a 1-year high of $41.61.

Orix Corp Ads (NYSE:IX) last announced its quarterly earnings data on Tuesday, March 31st. The real estate investment trust reported $1.64 EPS for the quarter. Orix Corp Ads had a net margin of 13.55% and a return on equity of 9.93%. The company had revenue of $6.03 billion during the quarter. On average, sell-side analysts expect that Orix Corp Ads will post 4.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. Zacks Research lowered shares of Orix Corp Ads from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Weiss Ratings raised Orix Corp Ads from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

About Orix Corp Ads

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.