Orix Corp Ads $IX Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its stake in shares of Orix Corp Ads (NYSE:IX) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,944 shares of the real estate investment trust’s stock after selling 15,926 shares during the quarter. Natixis Advisors LLC’s holdings in Orix Corp Ads were worth $4,790,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Hantz Financial Services Inc. grew its position in shares of Orix Corp Ads by 54.1% during the fourth quarter. Hantz Financial Services Inc. now owns 7,265 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 2,549 shares in the last quarter. Plan A Wealth LLC grew its position in shares of Orix Corp Ads by 6.1% during the fourth quarter. Plan A Wealth LLC now owns 24,318 shares of the real estate investment trust’s stock worth $711,000 after buying an additional 1,396 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of Orix Corp Ads by 1,318.6% during the fourth quarter. Global Retirement Partners LLC now owns 20,485 shares of the real estate investment trust’s stock worth $599,000 after buying an additional 19,041 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Orix Corp Ads by 7.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 44,060 shares of the real estate investment trust’s stock worth $1,287,000 after buying an additional 3,192 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Orix Corp Ads by 5.7% during the fourth quarter. HighTower Advisors LLC now owns 57,060 shares of the real estate investment trust’s stock worth $1,667,000 after buying an additional 3,096 shares in the last quarter. Institutional investors and hedge funds own 1.73% of the company’s stock.

Orix Corp Ads Stock Performance

IX stock opened at $38.59 on Tuesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.71 and a current ratio of 1.76. The stock has a market capitalization of $42.84 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 1.27 and a beta of 0.88. Orix Corp Ads has a 1 year low of $21.14 and a 1 year high of $40.00. The stock’s fifty day moving average is $34.28 and its two-hundred day moving average is $31.88.

Orix Corp Ads (NYSE:IX) last posted its earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 earnings per share (EPS) for the quarter. The company had revenue of $6.03 billion for the quarter. Orix Corp Ads had a return on equity of 9.93% and a net margin of 13.55%. On average, research analysts predict that Orix Corp Ads will post 2.96 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on IX shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Orix Corp Ads in a report on Friday, May 8th. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a report on Sunday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average 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.