Ativo Capital Management LLC Has $1.26 Million Stake in Orix Corp Ads $IX

Ativo Capital Management LLC cut its holdings in Orix Corp Ads (NYSE:IX) by 3.1% in the second quarter, Holdings Channel.com reports. The fund owned 55,853 shares of the real estate investment trust’s stock after selling 1,800 shares during the quarter. Ativo Capital Management LLC’s holdings in Orix Corp Ads were worth $1,258,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in IX. Rhumbline Advisers lifted its stake in shares of Orix Corp Ads by 305.7% in the 1st quarter. Rhumbline Advisers now owns 43,196 shares of the real estate investment trust’s stock valued at $902,000 after purchasing an additional 32,548 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Orix Corp Ads by 234.7% in the 1st 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. Yousif Capital Management LLC lifted its stake in shares of Orix Corp Ads by 202.9% in the 1st quarter. Yousif Capital Management LLC now owns 11,300 shares of the real estate investment trust’s stock valued at $236,000 after purchasing an additional 7,570 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Orix Corp Ads by 343.2% in the first quarter. GAMMA Investing LLC now owns 5,708 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 4,420 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Orix Corp Ads by 379.0% in the first quarter. Fifth Third Bancorp now owns 36,580 shares of the real estate investment trust’s stock worth $764,000 after buying an additional 28,943 shares during the last quarter. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Orix Corp Ads Price Performance

NYSE IX opened at $24.62 on Tuesday. Orix Corp Ads has a twelve month low of $17.75 and a twelve month high of $27.21. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.72 and a current ratio of 1.76. The stock has a market capitalization of $28.06 billion, a PE ratio of 11.26, a P/E/G ratio of 0.92 and a beta of 0.90. The stock has a 50-day simple moving average of $25.93 and a 200 day simple moving average of $22.77.

Orix Corp Ads (NYSE:IX) last posted its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.11. Orix Corp Ads had a return on equity of 9.01% and a net margin of 12.70%.The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Research analysts anticipate that Orix Corp Ads will post 11.31 EPS for the current year.

About Orix Corp Ads

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.