Orix Corp Ads $IX Shares Sold by Cwm LLC

Cwm LLC trimmed its holdings in shares of Orix Corp Ads (NYSE:IX) by 23.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,493 shares of the real estate investment trust’s stock after selling 22,420 shares during the period. Cwm LLC’s holdings in Orix Corp Ads were worth $2,089,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of IX. Quantinno Capital Management LP grew its holdings in Orix Corp Ads by 88.2% during the 2nd quarter. Quantinno Capital Management LP now owns 481,327 shares of the real estate investment trust’s stock valued at $10,839,000 after buying an additional 225,580 shares during the last quarter. Millennium Management LLC increased its position in Orix Corp Ads by 3,021.1% during the first quarter. Millennium Management LLC now owns 203,967 shares of the real estate investment trust’s stock worth $4,261,000 after buying an additional 197,432 shares in the last quarter. Todd Asset Management LLC raised its holdings in shares of Orix Corp Ads by 6.1% in the third quarter. Todd Asset Management LLC now owns 1,847,014 shares of the real estate investment trust’s stock worth $48,244,000 after acquiring an additional 105,837 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Orix Corp Ads by 4.4% in the second 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 acquiring an additional 99,516 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Orix Corp Ads by 17.6% in the third quarter. American Century Companies Inc. now owns 639,305 shares of the real estate investment trust’s stock valued at $16,699,000 after acquiring an additional 95,796 shares in the last quarter. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Orix Corp Ads Trading Down 0.0%

Shares of IX opened at $30.40 on Friday. Orix Corp Ads has a fifty-two week low of $19.79 and a fifty-two week high of $37.04. The company has a market capitalization of $33.74 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 0.70 and a beta of 0.79. The stock has a fifty day moving average of $31.75 and a two-hundred day moving average of $29.41. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.77 and a current ratio of 1.82.

Orix Corp Ads (NYSE:IX) last posted its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.18. The business had revenue of $5.72 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Orix Corp Ads had a return on equity of 10.69% and a net margin of 15.04%. As a group, analysts forecast that Orix Corp Ads will post 2.58 EPS for the current year.

Wall Street Analyst Weigh In

IX has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Orix Corp Ads in a research report on Monday, December 29th. Wall Street Zen lowered shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Orix Corp Ads Company 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.