Dynasty Wealth Management LLC Acquires New Holdings in Orix Corp Ads $IX

Dynasty Wealth Management LLC bought a new position in Orix Corp Ads (NYSE:IX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,542 shares of the real estate investment trust’s stock, valued at approximately $615,000.

Several other large investors also recently made changes to their positions in the company. Soundwatch Capital LLC bought a new stake in shares of Orix Corp Ads during the second quarter valued at approximately $25,000. AlphaCore Capital LLC acquired a new stake in Orix Corp Ads in the 2nd quarter valued at approximately $27,000. Global Retirement Partners LLC raised its stake in Orix Corp Ads by 58.2% during the 3rd quarter. Global Retirement Partners LLC now owns 1,444 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 531 shares in the last quarter. Addison Advisors LLC boosted its position in Orix Corp Ads by 480.0% during the 2nd quarter. Addison Advisors LLC now owns 1,537 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 1,272 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in Orix Corp Ads by 4,325.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,080 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 2,033 shares during the period. Institutional investors and hedge funds own 1.73% of the company’s stock.

Wall Street Analyst Weigh In

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

Orix Corp Ads Price Performance

Shares of NYSE IX opened at $30.33 on Wednesday. Orix Corp Ads has a twelve month low of $17.75 and a twelve month high of $30.82. The company has a current ratio of 1.81, a quick ratio of 1.77 and a debt-to-equity ratio of 1.31. The firm has a 50-day moving average of $28.46 and a two-hundred day moving average of $26.18. The company has a market capitalization of $34.57 billion, a price-to-earnings ratio of 11.61, a PEG ratio of 0.94 and a beta of 0.73.

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

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.