Orix Corp Ads (NYSE:IX) Short Interest Update

Orix Corp Ads (NYSE:IX) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 561,643 shares, a growth of 36.1% from the January 15th total of 412,551 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 186,493 shares, the short-interest ratio is presently 3.0 days. Based on an average daily volume of 186,493 shares, the short-interest ratio is presently 3.0 days. Currently, 0.0% of the shares of the company are short sold.

Orix Corp Ads Price Performance

NYSE IX traded down $1.20 during trading on Tuesday, hitting $35.14. 221,106 shares of the stock traded hands, compared to its average volume of 226,028. The company has a quick ratio of 1.77, a current ratio of 1.82 and a debt-to-equity ratio of 1.29. Orix Corp Ads has a 12-month low of $17.75 and a 12-month high of $37.04. The firm has a 50-day simple moving average of $30.58 and a 200-day simple moving average of $27.48. The company has a market capitalization of $40.05 billion, a P/E ratio of 12.60, a price-to-earnings-growth ratio of 0.88 and a beta of 0.74.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IX. Royal Bank of Canada increased 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 during the last quarter. AQR Capital Management LLC raised its stake in shares of Orix Corp Ads by 433.3% in the first 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 during the period. Millennium Management LLC boosted its stake 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 worth $4,261,000 after purchasing an additional 197,432 shares during the period. Jones Financial Companies Lllp grew its holdings in Orix Corp Ads by 8,083.8% during the 1st quarter. Jones Financial Companies Lllp now owns 5,565 shares of the real estate investment trust’s stock valued at $116,000 after purchasing an additional 5,497 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Orix Corp Ads by 568.7% in the 1st 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. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on IX. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a 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 analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock 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.