Orix Corp Ads (NYSE:IX) Short Interest Update

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

Wall Street Analysts Forecast Growth

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

Orix Corp Ads Price Performance

IX stock traded down $0.28 during trading on Friday, hitting $36.32. 593,306 shares of the stock traded hands, compared to its average volume of 218,535. The stock has a market cap of $41.40 billion, a price-to-earnings ratio of 13.02, a P/E/G ratio of 0.88 and a beta of 0.74. Orix Corp Ads has a one year low of $17.75 and a one year high of $37.04. The company has a current ratio of 1.82, a quick ratio of 1.77 and a debt-to-equity ratio of 1.29. The company has a 50 day simple moving average of $30.41 and a 200 day simple moving average of $27.35.

Orix Corp Ads (NYSE:IX) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.69 EPS for the quarter, topping 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 business had revenue of $4.78 billion for the quarter, compared to analyst estimates of $4.38 billion. Equities analysts expect that Orix Corp Ads will post 11.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Soundwatch Capital LLC acquired a new stake in Orix Corp Ads in the 2nd quarter valued at about $25,000. V Square Quantitative Management LLC acquired a new position in shares of Orix Corp Ads during the fourth quarter worth approximately $34,000. AlphaCore Capital LLC bought a new stake in shares of Orix Corp Ads during the second quarter valued at approximately $27,000. Kestra Advisory Services LLC acquired a new stake in shares of Orix Corp Ads in the fourth quarter valued at approximately $35,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Orix Corp Ads by 58.2% in the third quarter. Global Retirement Partners LLC now owns 1,444 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 531 shares in the last quarter. Institutional investors and hedge funds own 1.73% of the company’s stock.

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.