Vanguard Personalized Indexing Management LLC Buys 25,641 Shares of Orix Corp Ads $IX

Vanguard Personalized Indexing Management LLC grew its stake in Orix Corp Ads (NYSE:IX) by 16.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 181,457 shares of the real estate investment trust’s stock after acquiring an additional 25,641 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Orix Corp Ads were worth $4,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group grew its stake in Orix Corp Ads by 132,800.0% in the 1st quarter. Brooklyn Investment Group now owns 1,329 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,328 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Orix Corp Ads by 234.7% in the first quarter. Farther Finance Advisors LLC now owns 1,563 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 1,096 shares during the last quarter. Wayfinding Financial LLC acquired a new position in shares of Orix Corp Ads in the first quarter valued at approximately $34,000. Brentview Investment Management LLC acquired a new position in shares of Orix Corp Ads in the first quarter valued at approximately $37,000. Finally, Geneos Wealth Management Inc. grew its holdings in Orix Corp Ads by 4,325.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,080 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 2,033 shares in the last quarter. Institutional investors and hedge funds own 1.73% of the company’s stock.

Wall Street Analysts Forecast Growth

IX has been the topic of a number of research reports. Wall Street Zen lowered Orix Corp Ads from a “strong-buy” rating to a “buy” rating in a report on Friday, August 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Orix Corp Ads in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Orix Corp Ads currently has a consensus rating of “Hold”.

Orix Corp Ads Trading Up 0.5%

IX opened at $24.71 on Wednesday. Orix Corp Ads has a 1-year low of $17.75 and a 1-year high of $27.21. The company has a current ratio of 1.76, a quick ratio of 1.72 and a debt-to-equity ratio of 1.36. The company has a market cap of $28.16 billion, a P/E ratio of 11.30, a PEG ratio of 0.92 and a beta of 0.90. The company’s 50 day moving average is $25.96 and its 200-day moving average is $22.79.

Orix Corp Ads (NYSE:IX) last issued its earnings results on Thursday, August 7th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.11. Orix Corp Ads had a net margin of 12.70% and a return on equity of 9.01%. The firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $4.96 billion. Equities research analysts predict that Orix Corp Ads will post 11.31 earnings per share for the current fiscal year.

Orix Corp Ads Profile

ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.