Vise Technologies Inc. Purchases 26,815 Shares of Orix Corp Ads $IX

Vise Technologies Inc. boosted its position in Orix Corp Ads (NYSE:IX) by 66.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 66,989 shares of the real estate investment trust’s stock after purchasing an additional 26,815 shares during the period. Vise Technologies Inc.’s holdings in Orix Corp Ads were worth $1,957,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp grew its position in Orix Corp Ads by 4.1% in the 4th quarter. Truist Financial Corp now owns 8,527 shares of the real estate investment trust’s stock worth $249,000 after purchasing an additional 337 shares in the last quarter. Net Worth Advisory Group grew its position in Orix Corp Ads by 3.6% in the 4th quarter. Net Worth Advisory Group now owns 11,136 shares of the real estate investment trust’s stock worth $325,000 after purchasing an additional 389 shares in the last quarter. GAMMA Investing LLC grew its position in Orix Corp Ads by 6.8% in the 4th quarter. GAMMA Investing LLC now owns 6,701 shares of the real estate investment trust’s stock worth $196,000 after purchasing an additional 427 shares in the last quarter. Franklin Resources Inc. grew its position in Orix Corp Ads by 2.8% in the 3rd quarter. Franklin Resources Inc. now owns 16,147 shares of the real estate investment trust’s stock worth $422,000 after purchasing an additional 445 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Orix Corp Ads by 2.7% in the 2nd quarter. Raymond James Financial Inc. now owns 17,157 shares of the real estate investment trust’s stock worth $386,000 after purchasing an additional 457 shares in the last quarter. 1.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

IX has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Orix Corp Ads in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Sunday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Orix Corp Ads currently has a consensus rating of “Buy”.

Orix Corp Ads Stock Down 0.0%

Orix Corp Ads stock opened at $37.88 on Monday. Orix Corp Ads has a twelve month low of $21.14 and a twelve month high of $40.00. The firm has a 50 day moving average price of $34.10 and a 200-day moving average price of $31.79. The company has a market capitalization of $42.05 billion, a P/E ratio of 14.19, a P/E/G ratio of 1.27 and a beta of 0.88. The company has a quick ratio of 1.71, a current ratio of 1.76 and a debt-to-equity ratio of 1.30.

Orix Corp Ads (NYSE:IX) last released its earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 earnings per share for the quarter. Orix Corp Ads had a net margin of 13.55% and a return on equity of 9.93%. The firm had revenue of $6.03 billion during the quarter. As a group, equities analysts predict that Orix Corp Ads will post 2.96 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.