American Century Companies Inc. Raises Position in Orix Corp Ads $IX

American Century Companies Inc. lifted its position in Orix Corp Ads (NYSE:IX) by 17.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 639,305 shares of the real estate investment trust’s stock after buying an additional 95,796 shares during the period. American Century Companies Inc. owned about 0.06% of Orix Corp Ads worth $16,699,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IX. Choreo LLC increased its position in shares of Orix Corp Ads by 14.9% during the third quarter. Choreo LLC now owns 19,954 shares of the real estate investment trust’s stock valued at $521,000 after acquiring an additional 2,595 shares in the last quarter. AlphaCore Capital LLC lifted its position in Orix Corp Ads by 6,402.7% in the 3rd quarter. AlphaCore Capital LLC now owns 77,707 shares of the real estate investment trust’s stock valued at $2,030,000 after acquiring an additional 76,512 shares in the last quarter. US Bancorp DE boosted its stake in Orix Corp Ads by 6.2% during the 3rd quarter. US Bancorp DE now owns 57,382 shares of the real estate investment trust’s stock valued at $1,499,000 after purchasing an additional 3,330 shares during the last quarter. Compound Planning Inc. boosted its stake in Orix Corp Ads by 9.9% during the 3rd quarter. Compound Planning Inc. now owns 16,889 shares of the real estate investment trust’s stock valued at $441,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Syon Capital LLC increased its holdings in shares of Orix Corp Ads by 96.5% in the 3rd quarter. Syon Capital LLC now owns 23,639 shares of the real estate investment trust’s stock worth $617,000 after purchasing an additional 11,606 shares in the last quarter. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on IX. Wall Street Zen cut Orix Corp Ads from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Orix Corp Ads in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Orix Corp Ads Trading Down 1.1%

Shares of NYSE:IX opened at $31.87 on Wednesday. The stock has a 50 day moving average of $32.21 and a 200 day moving average of $28.50. The company has a market cap of $36.32 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 0.78 and a beta of 0.71. Orix Corp Ads has a 12-month low of $17.75 and a 12-month high of $37.04. The company has a current ratio of 1.82, a quick ratio of 1.77 and a debt-to-equity ratio of 1.29.

Orix Corp Ads (NYSE:IX) last released its earnings results on Monday, February 9th. The real estate investment trust reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.18. Orix Corp Ads had a net margin of 15.04% and a return on equity of 10.69%. The company had revenue of $4.78 billion for the quarter, compared to analysts’ expectations of $4.38 billion. As a group, equities research analysts expect that Orix Corp Ads will post 11.31 EPS for the current 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.