Orix Corp Ads $IX Shares Sold by Boston Common Asset Management LLC

Boston Common Asset Management LLC decreased its stake in Orix Corp Ads (NYSE:IX) by 12.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 235,079 shares of the real estate investment trust’s stock after selling 34,538 shares during the quarter. Boston Common Asset Management LLC’s holdings in Orix Corp Ads were worth $6,140,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Quantinno Capital Management LP lifted its holdings in 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 during the period. Millennium Management LLC increased its holdings in shares of Orix Corp Ads by 3,021.1% during the 1st quarter. Millennium Management LLC now owns 203,967 shares of the real estate investment trust’s stock valued at $4,261,000 after purchasing an additional 197,432 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Orix Corp Ads by 4.4% in 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 purchasing an additional 99,516 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Orix Corp Ads by 568.7% during the first quarter. Goldman Sachs Group Inc. now owns 96,454 shares of the real estate investment trust’s stock worth $2,015,000 after buying an additional 82,030 shares in the last quarter. Finally, American Century Companies Inc. grew its position in Orix Corp Ads by 16.3% during the second 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 during the period. 1.73% of the stock is currently owned by hedge funds and other institutional investors.

Orix Corp Ads Stock Up 0.1%

IX stock opened at $30.35 on Thursday. Orix Corp Ads has a 52 week low of $17.75 and a 52 week high of $30.82. The company has a quick ratio of 1.77, a current ratio of 1.81 and a debt-to-equity ratio of 1.31. The firm has a 50-day simple moving average of $28.54 and a 200-day simple moving average of $26.21. The stock has a market capitalization of $34.59 billion, a P/E ratio of 11.62, a P/E/G ratio of 0.93 and a beta of 0.73.

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

Analyst Ratings Changes

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

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.