Boston Common Asset Management LLC Sells 13,471 Shares of Orix Corp Ads $IX

Boston Common Asset Management LLC reduced its stake in Orix Corp Ads (NYSE:IX) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 269,617 shares of the real estate investment trust’s stock after selling 13,471 shares during the quarter. Boston Common Asset Management LLC’s holdings in Orix Corp Ads were worth $6,072,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Bruce G. Allen Investments LLC raised its holdings in Orix Corp Ads by 388.5% during the first quarter. Bruce G. Allen Investments LLC now owns 1,270 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 1,010 shares during the period. Brooklyn Investment Group raised its holdings in Orix Corp Ads by 132,800.0% during the first quarter. Brooklyn Investment Group now owns 1,329 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,328 shares during the period. Farther Finance Advisors LLC raised its holdings in Orix Corp Ads by 234.7% during 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 acquiring an additional 1,096 shares during the period. Wayfinding Financial LLC bought a new stake in Orix Corp Ads during the first quarter valued at about $34,000. Finally, Brentview Investment Management LLC bought a new stake in Orix Corp Ads during the first quarter valued at about $37,000. 1.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on IX. Weiss Ratings reissued a “hold (c)” rating on shares of Orix Corp Ads in a report on Saturday, September 27th. Wall Street Zen cut Orix Corp Ads from a “strong-buy” rating to a “buy” rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Orix Corp Ads Trading Up 1.0%

Shares of Orix Corp Ads stock opened at $25.78 on Friday. The firm has a market cap of $29.38 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 0.97 and a beta of 0.90. The business has a 50-day moving average price of $25.64 and a 200-day moving average price of $22.62. The company has a quick ratio of 1.72, a current ratio of 1.76 and a debt-to-equity ratio of 1.36. Orix Corp Ads has a twelve month low of $17.75 and a twelve month high of $27.21.

Orix Corp Ads (NYSE:IX) last issued its quarterly earnings data 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. The firm had revenue of $5.21 billion during the quarter, compared to analyst estimates of $4.96 billion. Orix Corp Ads had a return on equity of 9.01% and a net margin of 12.70%. Equities research analysts anticipate that Orix Corp Ads will post 11.31 EPS 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.