Quantinno Capital Management LP Has $27.72 Million Stock Holdings in Orix Corp Ads $IX

Quantinno Capital Management LP increased its holdings in shares of Orix Corp Ads (NYSE:IX) by 16.3% in the first quarter, Holdings Channel.com reports. The firm owned 924,415 shares of the real estate investment trust’s stock after purchasing an additional 129,739 shares during the quarter. Quantinno Capital Management LP’s holdings in Orix Corp Ads were worth $27,723,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Atlas Capital Advisors Inc. bought a new position in Orix Corp Ads in the fourth quarter valued at approximately $28,000. V Square Quantitative Management LLC acquired a new position in shares of Orix Corp Ads in the fourth quarter valued at approximately $34,000. Kestra Advisory Services LLC bought a new stake in shares of Orix Corp Ads during the fourth quarter worth $35,000. Geneos Wealth Management Inc. increased its position in shares of Orix Corp Ads by 4,325.5% during the first quarter. Geneos Wealth Management Inc. now owns 2,080 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 2,033 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Orix Corp Ads by 56.5% during the fourth quarter. Farther Finance Advisors LLC now owns 3,212 shares of the real estate investment trust’s stock worth $94,000 after acquiring an additional 1,160 shares during the period. 1.73% of the stock is currently owned by institutional investors and hedge funds.

Orix Corp Ads Trading Down 0.2%

NYSE:IX opened at $40.33 on Friday. Orix Corp Ads has a twelve month low of $22.51 and a twelve month high of $41.00. The company has a quick ratio of 1.73, a current ratio of 1.77 and a debt-to-equity ratio of 1.30. The business has a 50 day moving average price of $39.28 and a two-hundred day moving average price of $34.85. The company has a market cap of $44.78 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 0.87 and a beta of 0.89.

Orix Corp Ads (NYSE:IX) last issued its quarterly earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 earnings per share for the quarter. Orix Corp Ads had a net margin of 13.55% and a return on equity of 9.93%. The company had revenue of $6.03 billion during the quarter. As a group, analysts expect that Orix Corp Ads will post 4.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on IX shares. Zacks Research cut shares of Orix Corp Ads from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Weiss Ratings upgraded Orix Corp Ads from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, Wall Street Zen downgraded Orix Corp Ads from a “buy” rating to a “hold” rating in a research note on Sunday, June 7th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

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.