Caprock Group LLC Invests $659,000 in Orix Corp Ads $IX

Caprock Group LLC purchased a new position in shares of Orix Corp Ads (NYSE:IX) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 25,410 shares of the real estate investment trust’s stock, valued at approximately $659,000.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Orix Corp Ads by 336.1% during the 1st quarter. Royal Bank of Canada now owns 38,081 shares of the real estate investment trust’s stock valued at $796,000 after purchasing an additional 29,349 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Orix Corp Ads by 433.3% in the 1st quarter. AQR Capital Management LLC now owns 44,547 shares of the real estate investment trust’s stock valued at $931,000 after acquiring an additional 36,194 shares in the last quarter. Millennium Management LLC lifted its position 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 acquiring an additional 197,432 shares during the period. Jones Financial Companies Lllp boosted its stake in Orix Corp Ads by 8,083.8% during the first quarter. Jones Financial Companies Lllp now owns 5,565 shares of the real estate investment trust’s stock worth $116,000 after acquiring an additional 5,497 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Orix Corp Ads by 568.7% in 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 purchasing an additional 82,030 shares during the period. 1.73% of the stock is owned by institutional investors.

Orix Corp Ads Trading Down 0.8%

NYSE:IX opened at $36.32 on Tuesday. Orix Corp Ads has a 1 year low of $17.75 and a 1 year high of $37.04. The stock’s fifty day moving average price is $30.58 and its two-hundred day moving average price is $27.48. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.82 and a quick ratio of 1.77. The company has a market cap of $41.40 billion, a P/E ratio of 13.02, a P/E/G ratio of 0.88 and a beta of 0.74.

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on IX shares. Wall Street Zen lowered Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Orix Corp Ads in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Orix Corp Ads has a consensus 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.